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
    data driven insights
    How Data-Driven Insights Are Addressing Gaps in Patient Communication and Equity
    8 Min Read
    pexels pavel danilyuk 8112119
    Data Analytics Is Revolutionizing Medical Credentialing
    8 Min Read
    data and seo
    Maximize SEO Success with Powerful Data Analytics Insights
    8 Min Read
    data analytics for trademark registration
    Optimizing Trademark Registration with Data Analytics
    6 Min Read
    data analytics for finding zip codes
    Unlocking Zip Code Insights with Data Analytics
    6 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Another analyst firm (Ventana) gets it
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 > Another analyst firm (Ventana) gets it
Business IntelligenceCRMData MiningPredictive Analytics

Another analyst firm (Ventana) gets it

JamesTaylor
JamesTaylor
3 Min Read
SHARE

It can sometimes be lonely being a proponent of a big new idea like decision management. It is delightful, then, when you find out that you are less alone than you expected. Last week I came across a couple of white papers from Ventana Research – Extending BI to Support Operational Decision Management and Improving Operational Performance through Decision Management. The first of these has a great paragraph that summarizes one of the major challenges I see in this space (my emphasis):

While many examples of deployed automated decision systems exist, many business managers still do not fully understand or trust them. This is partly because of commonly held but narrow definitions of BI, and partly because of a lack of understanding of how to deploy automated decision making systems.

Mark nails this one – the narrow definition of BI as a way to deliver information to people (presumably so those people can make better decisions) makes it hard for “BI people” to see the power of decision management. This was the prompt for my post To Hell with Business Intelligence, try Decision Management and my article First Steps To and Beyond Operational Business Intelligence. Mark also lists some ch…

It can sometimes be lonely being a proponent of a big new idea like decision management. It is delightful, then, when you find out that you are less alone than you expected. Last week I came across a couple of white papers from Ventana Research – Extending BI to Support Operational Decision Management and Improving Operational Performance through Decision Management. The first of these has a great paragraph that summarizes one of the major challenges I see in this space (my emphasis):

More Read

First Take: HP Acquires Autonomy
Personalization: The Underappreciated Aspect of Self-Service Business Intelligence
Market Penetration of Social Media – Who Uses Twitter?
Analytics Moves To The Core: Reporting from the Gartner Summit
Seven Steps to Heaven: Marketing Automation with a CRM System [INFOGRAPHIC]

While many examples of deployed automated decision systems exist, many business managers still do not fully understand or trust them. This is partly because of commonly held but narrow definitions of BI, and partly because of a lack of understanding of how to deploy automated decision making systems.

Mark nails this one – the narrow definition of BI as a way to deliver information to people (presumably so those people can make better decisions) makes it hard for “BI people” to see the power of decision management. This was the prompt for my post To Hell with Business Intelligence, try Decision Management and my article First Steps To and Beyond Operational Business Intelligence. Mark also lists some characteristics of organizations/decisions that will benefit from the decision management approach. Both papers are worth checking out.

If you want a thorough exploration of the whole topic, check out the book I wrote with Neil Raden Smart (Enough) Systems – you can buy it from amazon.com.


Link to original post

TAGGED:decision management
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

crypto marketing
How a Crypto Marketing Agency Can Use AI to Create Powerful Native Advertising Strategies
Blockchain Exclusive Marketing
data driven insights
How Data-Driven Insights Are Addressing Gaps in Patient Communication and Equity
Analytics Big Data Exclusive
image fx (37)
Boosting SMS Marketing Efficiency with AI Automation
Exclusive
pexels pavel danilyuk 8112119
Data Analytics Is Revolutionizing Medical Credentialing
Analytics Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

data analytics in employee gift giving
Analytics

Using Data Analytics to Create a Great Employee Gifting Strategy

9 Min Read

Data Visualization: Accelerating the Decision Management Process

0 Min Read

Out of the Recession

5 Min Read

It’s time to industrialize analytics

8 Min Read

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

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

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?