Predictive analytics and decision management
Predictive analytics is a highly recurring concept that surrounds decision management systems. It is based on analyzing the information exposed by knowledge-based services and finding missing cases, detecting projections in the values of variables, and expanding the universe of information by cross-referencing other sources of information.
In order to analyze this information to obtain such insights, events from different sources (including process executions from BPM systems), that is, from real-time production environments, are fed into a simulation environment. Here, queries are raised and data analysis conducted to test different scenarios to see which ones have a better coverage of all the cases. ...
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