Webmethods To Enhance Webmethods Fabric With Rule Management Component From Fair Isaac
Partnership Complements webMethods Industry-Leading BPM and BAM Components, Promises Enterprises a More Turnkey Solution for Optimizing Business Processes
FAIRFAX, Va. Integration World 2005 - November 17, 2005 webMethods, Inc. (Nasdaq: WEBM), a leading business integration and optimization software company, today announced a strategic partnership and licensing agreement with Fair Isaac Corporation (NYSE:FIC), a leading provider of analytics and decision technology. Under the terms of the agreement, webMethods will incorporate components of Fair Isaac Blaze Advisor as the embedded rules engine standard for future editions of webMethods Fabric, the companys flagship solution for process-based, service-oriented total business integration.
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The announcement was made in conjunction with Integration World 2005, the webMethods user conference being held this week in Atlanta.
For three years, Sjoblad ran Global Consumer Services for Fair Isaac Corporation (NYSE FIC), an $830MM creative analytics firm. Global Consumer Services is a division of the company that repurposes Fair Isaac products for the consumer marketplace, most notably through www.myFICO.com, a consumer empowerment web site and through multiple distribution partners. Also, Sjoblad ran the Fair Isaac Marketing Services business, transforming it into a â¬Sprecision marketing unit.⬠Additionally, he was a member of the Fair Isaac Executive Committee and held the position of Chief Marketing Officer.
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The availability of an embedded business rules engine within upcoming versions of webMethods Fabric is designed to further enhance the significant value offered by the product suites existing business process management (BPM) and business activity monitoring (BAM) capabilities. Specifically, it will provide business users with added versatility and ease-of-use in the way in which business rules, policies and strategies are created, managed and changed within the webMethods Fabric operating environment. This reinforces webMethods Fabrics position as the premier platform for optimizing all enterprise business processes.
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Enterprises across numerous industries choose webMethods Fabric as their platform for total business integration due to its ability to address the full gamut of their business process requirements, said Marc Breissinger, vice president and chief architect, webMethods, Inc. The ability to define, implement and manage the business rules associated with these business processes plays a significant role in enhancing these efforts. With our commitment to provide best-in-class technologies that deliver enhanced business agility and predictability, we see Fair Isaac with its market leadership and core competency in the area of business rules management as the obvious strategic partner for delivering this additional value to our customers.
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A key benefit of the partnership is the tremendous control that both webMethods Fabric and Fair Isaac Blaze Advisor place in the hands of line-of-business users. By offering best-in-class rules management as a component of webMethods Fabric, business users will be able to more readily adapt and more consistently apply external business rules to their business processes making on-the-fly changes to business processes and seeing their impact immediately on a variety of modeled scenarios without concern for the underlying programming requirements. The availability of Blaze Advisor as a fully-integrated component of webMethods Fabrics service-oriented architecture ultimately means that business rules can now be applied to specific business processes with greater speed, precision and ease, while also reducing the development burden on IT. This allows enterprises to achieve the maximize business benefit from deploying these critical technologies while simultaneously reducing their total cost of ownership.
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webMethods selection of Fair Isaac was a result of a competitive review that looked for an off-the-shelf rules solution that would allow customers to implement best practices in rules management and move away from proprietary, acquired and homegrown solutions system logic. Fair Isaacs recognized technology leadership, market leader status and financial stability, coupled with Blaze Advisors flexibility, robustness and completeness complements webMethods Fabric and webMethods mission to support business integration at the process level. Blaze Advisor is part of Fair Isaac's enterprise decision management technology suite, which combines data analytics, modeling and policy-level control to let companies define and manage their automated business systems for improved efficiency and greater profitability.
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"As enterprises increasingly adopt a process-centric approach to IT, webMethods Fabric has emerged as a leading platform for not only enabling this transition, but also for accelerating the realization of strategic business benefits from integration, said Carole-Ann Matignon, vice president of product management, enterprise decision management, at Fair Isaac. By delivering Blaze Advisor via the service-oriented architecture enabled by webMethods Fabric, users can more easily apply and adapt the business logic governing their key enterprise business processes. This heightened level of flexibility underlies one of the principal benefits of Blaze Advisor, which is its ability to routinely and consistently apply business rules to a variety of scenarios.
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About Fair Isaac
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Fair Isaac Corporation (NYSE:FIC) is the preeminent provider of creative analytics that unlock value for people, businesses and industries. The companys predictive modeling, decision analysis, intelligence management, decision management systems and consulting services power billions of mission-critical customer decisions a year. Founded in 1956, Fair Isaac helps thousands of companies in over 60 countries acquire customers more efficiently, increase customer value, reduce fraud and credit losses, lower operating expenses and enter new markets more profitably. Most leading banks and credit card issuers rely on Fair Isaac solutions, as do insurers, retailers, telecommunications providers, healthcare organizations, and government agencies. Through the www.myfico.com Web site, consumers use the companys FICO scores, the standard measure of credit risk, to manage their financial health. For more information, visit www.fairisaac.com/rules.
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About webMethods, Inc.
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webMethods (Nasdaq: WEBM) provides business integration software to integrate, assemble and optimize available IT assets to drive business process productivity. webMethods delivers an innovative, enterprise-class business integration platform that incorporates proven integration technology with next generation capabilities into one interoperable set of tools that delivers a unique combination of efficiency, agility and control. webMethods combines industry leadership with a zealous commitment to customers to deliver tangible business value to more than 1,300 global customers. webMethods is headquartered in Fairfax, Va., with offices throughout the U.S., Europe, Asia Pacific and Japan.
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The webMethods name and logo are registered trademarks of, and webMethods Fabric is a trademark of, webMethods, Inc. All other marks mentioned are trademarks or service marks of their respective companies.
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Source: webMethods
