Product category:
Factory data acquisition
News Release from: ESI Group | Subject: Logist software
Edited by the Manufacturingtalk Editorial
Team on 26 February 2002
Get the mind base onto a data base
Software collects and applies business logic from sources, such as knowledge and experience that reside in employees' minds, organization's procedures and documented policies.
Expert Solutions International has announced an enhanced version of Logist, a software that collects and applies the enterprise business logic from various sources, such as knowledge and experience that reside in employees' minds, organization's procedures and documented policies Logist is a business rules software that displays the business logic as rules written in natural human language
This article was originally published on Manufacturingtalk on 8 Mar 2001 at 8.00am (UK)
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These business rules are used for automated decision-making and guidance.
The new version of Logist - version 4.0 - enables corporate executives and employees to share their experience, knowledge and ideas through a special knowledge chat room within Logist system.
A unique new component enables authorized users to express their own knowledge by just writing it down in their own words, using an easy interface.
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This results in an immediate update of corporate knowledge base while work is not interrupted.
"Logist provides users with much better decision-making capability, based on the cumulative knowledge obtained from the organizational experience, and on time-to-market requirements and pressures," said Hemy Fintsy, Vice President, Marketing and Sales, ESI.
Knowledge base enhancements are created by business users, in their own language, without the intervention of information technology professionals.
Logist automatically understands the human language, and the new or updated rules are immediately put into action.
Thousands of policies and procedures can be quickly and easily loaded into Logist, including "historical" procedures and policies that are hidden inside corporate or departmental software applications.
Typical Logist applications include billing verification; fraud management; cross-selling; credit scoring and approval; explaining tax, premium and other payment calculations following citizen/customer questions; procurement management; inventory planning; database enhancement and others.
ESI - Expert Solutions International is a provider of knowledge-based business optimization and workforce management products.
The company's products increase knowledge assets utilization, improve decision-making processes, and optimize service levels.
ESI, headquartered in Herzliya, Israel, is an affiliated company of Formula Vision Technologies (TASE: FVT), a spin-off from Formula Systems (NASDAQ: FORTY) and a member of the Formula Group.
Formula Vision is a managing holding company for Israeli based emerging companies that develop and promote proprietary IT solutions to international markets.
The Formula Group is Israel's largest software group, operating in more than 50 countries worldwide.
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