A Competitive Review of ODM (2012)
Lustratus has written in detail about Operational Decision Management (ODM) in the past, and this report is not intended to replay the ODM story in general. The purpose of this report is to take a new look at some of the leading ODM offerings in the marketplace. This review looks at ODM approaches and solutions from four quite different vendors – FICO, IBM, JBoss and Oracle. But as a reminder, in simple terms ODM is about using business rules and events technologies to deliver a formalized approach to implementing operational decision-making, such that decisions can be directly updated and managed by business users within a clear business context. It is by empowering business users in this way that companies can generate the agility, innovation and service quality required to compete in today’s cut-throat markets.
Each of the vendors covered in this review has approached the problem from a different perspective. FICO has a history of handling highly formalized and often complex business rules, stemming from its initial involvement with the FICO credit-rating scorecard. IBM has continued to expand its SOA infrastructure to encompass ODM needs, bringing in its extensive array of analytics tools along the way. JBoss has delivered a productization of an open source business rules project, designed as part of the JBoss middleware stack, and Oracle sees ODM as part of its Fusion Middleware stack as well as a useful tool for driving value from its commercial application portfolio.
This report looks at the ODM offerings from each vendor, and then contrasts them against each other based on a set of user drivers; time to value, TCO efficiency, risk mitigation and overall value potential.
What is ODM?
Why ODM now?
ODM Offerings – Frame of Reference
Taking a look at the ODM offerings
Contrasting the different ODM solutions
High level assessment
The buyer’s perspective
Vendors comparisons against buyer needs
CIO; IT Management; LOB Management; Architects.