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Quantifying the Value of Business Rules Technology
There are plenty of guidelines available for determining when to use Business Rule Technology, rather than hard code. What I’ve seen less of is information on how to quantify the value of using business rule technology. For the evangelist, the value of business rule technology is obvious, both in terms of cost effectiveness and agility. For budget owners or SIs trying to determine the most cost effective strategy for an application, the value may be less obvious—or at least less tangible. In a difficult economy, IT leaders are challenged more than ever to rationalize expenditures of all types, even for those that, like business rule technology, are “no brainers.”
Using customer and partner examples, I put together a white paper on how to quantify the value of a Business Rule Engine. http://www.inrule.com/pdfs/Quantifying%20the%20Value%20of%20a%20BRE%20FINAL.pdf The paper goes into some depth about how to compare hard-coding vs. using rule technology, both in initial application development and when maintaining rules. It includes discussion of not only IT costs, but also impact from a business perspective./RuleVantage-screen-shot.aspx)
My InRule colleague Jeff Enzinger then worked with me to deliver RuleVantage, an online value calculator based on the methodology laid out in the white paper. www.inrule.com/company/quantifyingvalue.aspx Powered by InRule®, RuleVantage is web-based rule-enabled application that calculates the costs and savings of implementing rule technology using your data as input. RuleVantage allows you to enter your own numbers for rule-enabled development costs or it can estimate those costs for you based on our experience. It will then compare the costs of rule enabled development to traditional development and prepare a printable report for you to share with your colleagues, clients, and budget-holders.
Check it out—provide any feedback that you think can improve it!
Posted: 6/10/2009 10:45:31 AM by
Global Administrator | with 0 commentsFiled under: RuleVantage, value
Title
Thinking in Rules. Thoughts and observations about business rules in the real world.
About
As Vice President of Business Development, Theresa O'Neil has responsibility for developing worldwide partnerships with ISV, reseller, services, and technology organizations. Prior to joining InRule, O'Neil was an executive at IBM Corporation, where she was responsible for developing the product and marketing strategies for the IBM Content Management and Discovery business. With a focus on growing new businesses, O'Neil has led marketing and strategy for successful software companies of all sizes. She is also a loyal fan of the Chicago White Sox.
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