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 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 analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: 19th Century Decision Management
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 > 19th Century Decision Management
Business IntelligenceCRMData MiningPredictive Analytics

19th Century Decision Management

JamesTaylor
JamesTaylor
4 Min Read
SHARE

Copyright © 2009 James Taylor. Visit the original article at 19th Century Decision Management.Syndicated from ebizQ
John Reynolds over on the Thoughtful Programmer had a great post a little while back – 19th Century BPMS. In it he said
I sometime find it useful to describe a BPMS in terms of things and people that you probably would […]


Copyright © 2009 James Taylor. Visit the original article at 19th Century Decision Management.

Syndicated from ebizQ

John Reynolds over on the Thoughtful Programmer had a great post a little while back – 19th Century BPMS. In it he said

More Read

Market Trends
In a World Full of Data, Can Analytics See the Market Trends?
How to Stay Out of Cash Flow Crises Using Cash Position Analysis
Who Cares About BI and Performance Management Market Share?
Social Software, Feature or Product?
The Data Analytics of St. Patrick’s Day

I sometime find it useful to describe a BPMS in terms of things and people that you probably would have found in an office or factory in the 1890s

This struck me as interesting and I wondered what analogy I might use for 19th century decision management I decided that Decision Services are like having some speaking tubes that let you talk to an Answerer. You can ask questions down the tube, typically a question about a customer, and an answer comes back. Anyone who is connected to the right tube can ask the question (with their specific data) and get the right answer (or potentially a set of options from which to choose).

At the other end of this tube is the Answerer who:

  • Knows all the company policies
  • Understands all the appropriate regulations
  • Remembers what has worked or not worked in the past
  • Knows everything there is to know about the company’s customers too (just like the corner shop of old discussed in this post on customer loyalty)
  • Applies this customer knowledge to make the most appropriate allowed decision for each customer when asked about them

This is actually a pretty good analogy as nothing changes when you ask your question – you are still responsible for recording what you did – but this means you can ask questions whenever you like without worrying about side effects just like you can invoke a stateless Decision Service without worrying.

Because the Answerer know all the customers and what they did (and what was done to them or for them) he can predict what is likely to work or not work for other customers who are similar to those they have worked with in the past. When the answerer is not certain what might work best, he can conduct an experiment by trying slightly different approaches with different customers. He uses what works to update the way he behaves. Any time the regulations or policies change they get sent to the Answerer and he updates his behavior.

Substitute a standard web services interface for a speaking tube, a business rules management system for his encyclopedic knowledge of policies and regulations, data mining or predictive analytics for his customer knowledge and adaptive control for his experimentation and you have Decision Management. The Answerer but on an industrial scale.


Link to original post

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

intersection of data and patient care
How Healthcare Careers Are Expanding at the Intersection of Data and Patient Care
Big Data Exclusive
dedicated servers for ai businesses
5 Reasons AI-Driven Business Need Dedicated Servers
Artificial Intelligence Exclusive News
data analytics for pharmacy trends
How Data Analytics Is Tracking Trends in the Pharmacy Industry
Analytics Big Data Exclusive
ai call centers
Using Generative AI Call Center Solutions to Improve Agent Productivity
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Data modeling infrastructure in data mining

1 Min Read

Big Data Challenges and Opportunities

4 Min Read

SAS Portal and BI Dashboard: Customizing the Tabs

3 Min Read

Converting Data into Decisions

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 is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

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?