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: Decision management and the top 4 concerns of CIOs
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Uncategorized > Decision management and the top 4 concerns of CIOs
Uncategorized

Decision management and the top 4 concerns of CIOs

JamesTaylor
JamesTaylor
4 Min Read
SHARE

Copyright © 2009 James Taylor. Visit the original article at Decision management and the top 4 concerns of CIOs.

Syndicated from ebizQ

I was reading an article on The top 10 CIO concerns and I was struck by the first four:

  1. Business productivity and cost reduction
  2. IT and business alignment
  3. Business agility and speed to market
  4. Business process re-engineering

It seemed to me, reading this list, that all four of these were concerns that could be addressed by the use of decision management.

More Read

Top Tech Disruptors of the 2000’s
Even Google Should Beware Of Hubris
First Look: IBM Decision Optimization Cloud
5 Reasons Why Excel Isn’t Enough for Financial Reporting
Most Swans are White: Living in a Predictive Society
  1. Applying decision management allows more decisions to be automated. This improves business productivity by allowing those who used to spend their time making operational decisions to spend that time, instead, on higher-value tasks. Instead, for instance, of rubber-stamping every policy that comes in they can spend their time on the tricky ones. Automated decision-making saves time and money over manual processes both in terms of staff time and often in terms of fees for data – automated systems regularly show a return by only paying for external data or inspections when they will make a difference.
  2. Business rules, a core technology for decision management, is ideal for bringing …

Copyright © 2009 James Taylor. Visit the original article at Decision management and the top 4 concerns of CIOs.

Syndicated from ebizQ

I was reading an article on The top 10 CIO concerns and I was struck by the first four:

  1. Business productivity and cost reduction
  2. IT and business alignment
  3. Business agility and speed to market
  4. Business process re-engineering

It seemed to me, reading this list, that all four of these were concerns that could be addressed by the use of decision management.

  1. Applying decision management allows more decisions to be automated. This improves business productivity by allowing those who used to spend their time making operational decisions to spend that time, instead, on higher-value tasks. Instead, for instance, of rubber-stamping every policy that comes in they can spend their time on the tricky ones. Automated decision-making saves time and money over manual processes both in terms of staff time and often in terms of fees for data – automated systems regularly show a return by only paying for external data or inspections when they will make a difference.
  2. Business rules, a core technology for decision management, is ideal for bringing business and IT staff together to collaborate on the behavior of their system. Dramatically reducing the number of degrees of separation between developers and business people, a business rules driven approach helps drive business alignment.
  3. The same approach and technology dramatically improves agility. With business users able to make changes directly and effective, declarative technology to implement business logic companies can have systems that are easy to change and intensely agile.
  4. The power of decisioning to make processes simpler, smarter and more agile is real. Companies that adopt decision management in parallel with process management develop processes that are more streamlined, easier to evolve and more optimized. If you want to re-engineer a process, integrate decisioning.

There are, of course, other benefits to decision management, but I was struck by the degree to which decision management was relevant to the top 4 concerns listed.


Link to original post

TAGGED:decision management
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

Hidden AI, a risk?
Hidden AI, Real Risk: A Governance Roadmap For Mid-Market Organizations
Artificial Intelligence Exclusive Infographic
unusual trading activity
Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
Analytics Exclusive Infographic
Ai agents
AI Agent Trends Shaping Data-Driven Businesses
Artificial Intelligence Exclusive Infographic
Why Businesses Are Using Data to Rethink Office Operations
Why Businesses Are Using Data to Rethink Office Operations
Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Analytics: Not About Saving Time

7 Min Read

Register for the first Decision Management Systems Platform Report Webinar

1 Min Read

Winning the first game in a baseball series: a harbinger, or not?

4 Min Read

The power of business analytics

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.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
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.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?