The goal of the Process Handbook project is to provide a set of theories, methodologies, and tools, to enable the modeling and redesign of organizations in a more systematic way. A key element of the work is a novel approach to representing processes, which uses ideas from computer science about inheritance, and from coordination theory about managing dependencies. This representation improves understanding of complex processes, assists in the identification of process inefficiencies, and facilitates generation and comparative evaluation of alternative processes. We have built an online Process Handbook computer tool based on our approach, to represent, store, classify and manipulate business processes. Using that tool, we have developed the beginnings of a systematic design method for process (re)design.
Just to let you know, if you buy something featured here, Mashable might earn an affiliate commission. Hey, craft beer fans: unless you're drinking fresh from the tank you don't actually know what true craft beer is supposed to taste like. He says that the bottling and distribution process introduces the three biggest beer-killers -- oxygen, light, and uneven temperature -- diminishing the quality of the beer you pick up in the store or order on draft at the pub. HOPii is the proposed solution to that problem and it absolutely killing it on Kickstarter. This device, aptly described by CEO Jong-Wook Shin as a "Keurig for beer," is an all-in-one home brewing system.
Traditional ways of managing IT infrastructure can impede the fast-paced delivery of digital solutions. Agile methods can be used to boost efficiency, speed, and quality. Many companies have accelerated application development by adopting agile principles and modern software-engineering best practices, such as automated testing. Yet it remains uncommon to apply these methods and tools to IT infrastructure and operations, even though doing so presents opportunities to increase productivity and the pace at which digital products and services are brought to market. The typical IT infrastructure organization continues to emphasize stability over speed. Requests for infrastructure services still often go through an assembly line-style process involving many handoffs, long delays, and frequent misunderstandings.
A continuous-time Markov process (CTMP) is a collection of variables indexed by a continuous quantity, time. It obeys the Markov property that the distribution over a future variable is independent of past variables given the state at the present time. We introduce continuous-time Markov process representations and algorithms for filtering, smoothing, expected sufficient statistics calculations, and model estimation, assuming no prior knowledge of continuous-time processes but some basic knowledge of probability and statistics. We begin by describing "flat" or unstructured Markov processes and then move to structured Markov processes (those arising from state spaces consisting of assignments to variables) including Kronecker, decision-diagram, and continuous-time Bayesian network representations. We provide the first connection between decision-diagrams and continuous-time Bayesian networks.
One of the most recent automation technologies to emerge is robotic process automation, or RPA. RPA is a category of software tools that enable complex digital processes to be automated by performing them in the same way a human user might perform them, using the user interface and following a set of predefined rules. What sets RPA apart from other automation technologies is that its ability to imitate a human user of one or more information systems reduces development time and extends the range of functions that can be automated across a much wider range of business activities. It is frequently used to automate financial processes, such as comparing invoices with shipment notices, or transfering data from email and call center speech-to-text systems into transactional systems of record. Many organizations have adopted it for automating back- and middle-office processes, and many have achieved rapid returns on their investments.