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Enterprise Decision Management Portal

This portal sponsored by
Fair Issac Logo

Enterprise Decision Management (EDM) is an approach that automates, improves and connects decisions to improve business performance. Businesses use EDM to make high-volume operational decisions more quickly and intelligently—typically customer decisions such as product offers that have revenue and cost impacts. EDM applies insights and strategies directly to customer interactions. It is an operational function that increases the value of customer interactions.

EDM isolates the logic behind business decisions from the mechanical operations of application procedural code. Treating decision logic as a manageable enterprise resource makes it reusable by multiple applications in many different operational environments. It makes advanced decision making available as a service to legacy applications, eliminating the time, cost and technical risk of trying to simultaneously reprogram the individual systems to keep up with changing business requirements. It enables developers to swiftly and inexpensively deliver new decisioning applications by flexibly combining business rules, data-driven strategies, thresholds, calculations and other elements.

EDM also makes it possible, for the first time, to use predictive analytics as an integral part of a real-time decision process. As a result, businesses can reap the benefits of analytics—clear forecasts of customer behavior, deep insights into customer needs, the ability to compare many related factors and criteria in a single measurement—to apply operational strategies that give them the greatest return.

This resource portal, proudly brought to you by Fair Isaac and DM Review, will help you understand how to maximize the value of your organization's operational decisions with EDM.

RELATED ARTICLESENTERPRISE DECISION MANAGEMENT RELATED CONTENT

Making the Most of Operational Analytics with Enterprise Decision Management
By Gib Bassett
EDM solutions are a logical and often necessary complement to operational analytics.

OpenBI Forum
By Steve Miller
Smart (Enough) Systems - BI Engage

Enterprise Decision Management's Business Impact

9 more related content available. Click Here!


WHITE PAPERSENTERPRISE DECISION MANAGEMENT WHITE PAPERS

Enterprise Decision Management
Available for download in: HTML PDF format

Better Decisions for Better Performance
Available for download in: HTML PDF format

The Blaze Advisor Business Rules Management System
Available for download in: HTML PDF format

Rules for Smater Business Processes
Available for download in: HTML PDF format

The Business Case for Enterprise Decision Management
Available for download in: HTML PDF format

9 more whitepaper(s) available on this topic. Click Here!

Looking for other white papers? Visit the complete White Paper Library.


BOOKSENTERPRISE DECISION MANAGEMENT BOOKS


Smart Enough Systems
By By James Taylor, Neil Raden

Smart Enough Systems: How to Deliver Competitive Advantage by Automating Hidden Decisions

  • How current technologies fail to address critical issues in automating operational decision-making
  • How companies can use the computer-based systems they have in place rather than purchasing new ones to build smarter systems
  • How these systems can help companies thrive through Enterprise Decision Management (EDM) - designing, deploying and managing automated decisions

For more information visit http://www.smartenoughsystems.com/wp/main.


Interested in receiving an update of DMReview.com editorial on Enterprise Decision Management? Subscribe to our Content Alert e-mail. You'll receive a topic-specific e-mail focused on industry topics. Subscribe Here!



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