Sparkling Logic today announced the general availability of their new cloud-based, decision modeling offering, Pencil Decision Modeler, to complement their leading decision management system, SMARTS. Pencil Decision Modeler supports the early phases of decision management projects where business analysts capture and document the business rules behind critical business decisions. Pencil implements the OMG Decision Model and Notation (DMN) standard that provide a common notation for modeling decisions for business and technical users.Read More »
Sparkling Logic today announced from the Building Business Capability Conference that ABT Power Management,an innovative, fast-growing D.C. power company, is launching its Remote Auto Asset Management System (RAAMS) using their next-generation decision management product, SMARTS. Mariner, a Sparkling Logic implementation partner and a leading business intelligence and analytics consultancy, developed the new application which propels ABT’s unique power management offering into the Internet of Things (IoT) arena, by combining data from devices and sensors with the cloud and analytics using Sparkling Logic SMARTS to drive compliance, repair, and maintenance decisions. “SMARTS decision management product is uniquely suited to enable actions based on insight gleaned from big data, such as ABT’s sensor data,” says Carole-Ann Matignon, Sparkling Logic, co-Founder and Chief Product Officer. “We are excited to be a part of ABT’s innovative power management solution.”
Sparkling Logic today announced the appointment of Davorin Kuchan as their new Chief Executive Officer and member of Board of Directors effective immediately. Kuchan previously held key management positions at Capbridge Ventures, Texas Instruments, Telogy Networks and Neuron Data. He will assume responsibilities immediately and will succeed Carole-Ann Matignon, co-founder of Sparkling Logic, who will continue her role as the Chief Product Officer.
“Sparkling Logic has the unique opportunity to revolutionize Advanced Data Analytics market,” Kuchan said. “By empowering business analysts to reach beyond data visualization and simple analytics, Sparkling Logic offers unprecedented capabilities for modeling and implementing decision logic to provide real value to the enterprise. I am honored to have been chosen to lead the company during this exciting growth stage.”
“We think Davorin’s skillset is a perfect complement to the Sparkling Logic team and will allow us to grow significantly,” said Matignon. “I will continue to focus on what I love most, building great products that customers love and that create market changing innovation. The whole team at Sparkling Logic is very excited about these new developments.”
SMARTS to increase the agility and scalability of First Rate’s IT infrastructure
Sparkling Logic announced today from the Building Business Capability Conference 2013 that First Rate Exchange Service, the UK’s largest supplier of foreign currency, has selected Sparkling Logic SMARTS decision management system as part of their new IT platform to support aggressive plans to diversify their customer, product, and market coverage. First Rate is one of the foremost FX experts in the industry; with a multi-billion pound retail business and over 15 years’ experience providing travel money solutions for companies in the finance, travel, and retail sectors.
“At First Rate we are constantly developing our FX offering to anticipate and satisfy the growing market’s needs. Innovation is key to both our success and the success of our customers.” says Nick Collins, Head of Business Solutions, “Sparkling Logic SMARTS will enable us to reduce costs and time to market by improving the agility of our systems and enabling the rapid and efficient implementation of business and market driven changes. We chose SMARTS for its comprehensive decision management environment with out-of-the-box integration of business rules, and predictive analytics, and focus on decision improvement. In addition to enabling flexibility in our core systems, SMARTS will allow us to proactively manage the business results of our automated decisions.“
SMARTS Decision Management recommends goals and actions to help participants improve their health.
Sparkling Logic today announced from BBC 2013 that Onlife Health, a leading national wellness company has deployed a SMARTS decision service as part of their award-winning Onlife Health Portal. Onlife is a leading provider of wellness management services to business and health plans. According to the Kaiser Family Foundation, in 2013, seventy-seven percent of employers offering health benefits also offered some form of wellness program. “As healthcare costs continue to increase for employers, wellness programs have become an important employee benefit, empowering employees to more proactively manage their health,” says Carole-Ann Matignon, Sparkling Logic’s CEO, “ Onlife is a known leader in corporate wellness programs and we are very pleased to be part of their wellness portal.”
SMARTS latest release empowers business experts to experiment, measure, and deploy the most effective decisioning strategy.
Sparkling Logic today announced the general availability of the Lisbon release of their SMARTS™ next-generation decision management system. This release is the first decision management offering to provide built-in support for the well-established Champion/Challenger methodology, which is commonly used to evaluate the effectiveness of changes to the organization’s decision logic particularly for marketing and risk decisions involving some degree of uncertainty.
SMARTS RedPen innovation simplifies and accelerates business rule authoring.
Sparkling Logic today announced that it has been awarded a patent by the U.S. Patent and Trademark Office, invention number 8,554,711. The patent, covering Sparkling Logic’s innovative RedPen decision authoring technology, is implemented in its SMARTS Decision Management System. “RedPen dramatically reduces the learning curve and reduces time to production for our customers since business experts are productive immediately, without learning a special rule language or syntax,” says Carole-Ann Matignon, Sparkling Logic’s CEO. “Innovations like our RedPen rule elicitation are what allows SMARTS to expand beyond the niche market of current Decision Management offerings.”
InsuPector addresses problem of increasing fraud loss in Japan.
Sparkling Logic today announced that Blaze Consulting Japan, Inc., Tokyo, Japan, and Smart Logic Solution, Seoul, Korea have jointly developed InsuPector, a solution for insurance fraud detection for the Japanese Market, using Sparkling Logic’s SMARTS decision management platform. Claims leakage, including fraud, accounts for 10 to 16 percent of claim losses. Insurance fraud is a growing problem in Asia where total fraud in the auto insurance industry alone is estimated to be more than 10 billion dollars. “Each year billions of dollars are lost to insurance fraud and as a result customers face increasing rates. Fraud rings are getting more sophisticated and insurance companies need a comprehensive approach to identifying suspicious claims,” says Carole-Ann Matignon, Sparkling Logic CEO. “SMARTS provides an ideal solution by combining business rules and predictive analytics in an integrated offering and we are proud to be a part of the InsuPector solution.”