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
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 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

How to Gain Knowledge from the Online Community
WAA Board of Ds. — My Top Picks
A Shortcut Guide to Machine Learning and AI in The Enterprise
AI Boosts Business Productivity with Open Source Calendars
PAW: Completing the visitor targeting cycle

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

business recovering from data loss
How Data-Driven Businesses Protect MySQL Databases from Shutdown
Big Data Exclusive
ai driven task management
Reducing “Work About Work” with AI Task Managers
Artificial Intelligence Exclusive
data center uptime
Why Rodent-Resistant Conduits Are Critical for Data Center Uptime
Big Data Data Management Exclusive Risk Management
big data and AI
The Intersection of Big Data and AI in Project Management
Artificial Intelligence Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

How To Create A 360-Degree Customer View Using Data

9 Min Read
Image
Data Mining

Powering Personalized Medicine with Hadoop and Apache Spark

6 Min Read

So, what is Digital Analytics then?

5 Min Read

Visualizing correlation matrices

2 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 and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

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

Sign in to your account

Username or Email Address
Password

Lost your password?