Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    composable analytics
    How Composable Analytics Unlocks Modular Agility for Data Teams
    9 Min Read
    data mining to find the right poly bag makers
    Using Data Analytics to Choose the Best Poly Mailer Bags
    12 Min Read
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 Min Read
    car expense data analytics
    Data Analytics for Smarter Vehicle Expense Management
    10 Min Read
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Nice article on EDM
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > CRM > Nice article on EDM
Business IntelligenceCRMData MiningPredictive Analytics

Nice article on EDM

JamesTaylor
JamesTaylor
2 Min Read
SHARE

Joe McKendrick wrote a nice article on how EDM give companies a competitive edge for the Teradata Magazine this month. Joe did a nice job, as usual, of bringing out some key points and quoting me. My two favorite quotes were:

In addition, it’s inherently difficult to build actionable intelligence into most existing applications. “Enterprise applications don’t focus c…


Copyright © 2008 James Taylor. Visit the original article at Nice article on EDM.

Joe McKendrick wrote a nice article on how EDM give companies a competitive edge for the Teradata Magazine this month. Joe did a nice job, as usual, of bringing out some key points and quoting me. My two favorite quotes were:

More Read

Breaking Down Data Silos to Help Drive BI Collaboration
Investigating The Scalability Issues Of Bitcoin In Blockchain
Beware the ‘Facebook Effect’ when service orienting information technology.
A list of potential DW/BI pitfalls – by someone who has clearly been there
Learning SPSS for SAS users

In addition, it’s inherently difficult to build actionable intelligence into most existing applications. “Enterprise applications don’t focus coherently on decisions and don’t enable the decisions they do automate to be managed effectively,”

The role of EDM is often to provide guidance to operational decision makers—not issue a single hard-and-fast decision, Taylor adds. This is an advance from BI systems that, up until now, essentially dumped a lot of information in users’ laps, saying, “Here’s the information, go figure out what to do,” according to Taylor. An effective EDM solution will offer viable alternatives based on available data and mapped against business rules. “It may say to a rep, ‘Here are the three things that are OK for you to do. Do any of them—it doesn’t matter which one you do, but do one of them.’”

Anyway, I strongly recommend the article and, if you like it, would suggest you buy the book Neil and I wrote for full coverage of EDM – Smart (Enough) Systems.


Link to original post

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

student learning AI
Advanced Degrees Still Matter in an AI-Driven Job Market
Artificial Intelligence Exclusive
mobile device farm
How Mobile Device Farms Strengthen Big Data Workflows
Big Data Exclusive
composable analytics
How Composable Analytics Unlocks Modular Agility for Data Teams
Analytics Big Data Exclusive
fintech startups
Why Fintech Start-Ups Struggle To Secure The Funding They Need
Infographic News

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

big data and AI
Big Data

What’s Happening with AI & Big Data in August 2022

6 Min Read

Last chance for an early bird rate to hear me speak at Predictive Analytics World

1 Min Read
Image
AnalyticsBig DataBusiness IntelligenceDecision ManagementHadoopMarketingWeb Analytics

How 250 Milliseconds in Added Latency Can Ruin Online Sales This Holiday Season

6 Min Read
AI technology and ecommerce
Artificial Intelligence

AI Technology Helps eCommerce Brands Optimize for Mobile

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?