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 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 analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Decision Management and the 4Ds
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Data Management > Best Practices > Decision Management and the 4Ds
Best PracticesDecision Management

Decision Management and the 4Ds

JamesTaylor
JamesTaylor
3 Min Read
SHARE

A recent new twitter follower had an interesting post on his blog back in 2010 – The 4Ds “Detect, Derive, Decide and Do. I liked the description of this pattern and as it is a common one for Decision Management Systems I thought I would make a couple of quick comments:

A recent new twitter follower had an interesting post on his blog back in 2010 – The 4Ds “Detect, Derive, Decide and Do. I liked the description of this pattern and as it is a common one for Decision Management Systems I thought I would make a couple of quick comments:

  • The Derive piece of this pattern might be driven entirely by the analysis of events as Jeff describes but it is also a potential place for Decision Management, especially when analytics can play a role. This step can involve determinations that could get quite complex and that could use predictive analytics or rules derived using data mining. Deriving patterns from data is something at which analytic models excel.
  • The key role for Decision Management and Decision Management Systems, of course, is in the Decide step.  Not only are business rules management systems common here to manage the logic of a decision but the use of predictive analytics to inform and improve that decision is also a powerful use case. The key is to focus on this as  a decision and to model and manage it as such, rather than being immediately distracted by the rules or IF…THEN logic that drives it. I wrote about the differences between decisions, decision services and rules before.
  • The overall pattern is one that is driving a number of Business Rules Management Systems to support event-handling rules. This allows the Derive and Decide steps to be managed together in a common environment.

Event-based systems are an increasingly common context for Decision Management Systems. If you want to know more about the technologies involved, why not download or read online our report on Decision Management Systems platform technologies.

More Read

How to Integrate Finance and Operations by Leveraging Cloud Storage
Where Did the ‘Data Explosion’ Come From?
60 Minutes Got It Wrong: Data Brokers Aren’t Evil
The Fundamental Techie
The Future of Business Intelligence

Copyright © 2012 http://jtonedm.com James Taylor

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

data mining to find the right poly bag makers
Using Data Analytics to Choose the Best Poly Mailer Bags
Analytics Big Data Exclusive
data science importance of flexibility
Why Flexibility Defines the Future of Data Science
Big Data Exclusive
payment methods
How Data Analytics Is Transforming eCommerce Payments
Business Intelligence
cybersecurity essentials
Cybersecurity Essentials For Customer-Facing Platforms
Exclusive Infographic IT Security

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Image
AnalyticsBig DataBusiness IntelligenceCulture/LeadershipData ManagementDecision ManagementExclusiveInside CompaniesMarket ResearchMarketingPredictive AnalyticsWeb Analytics

Retail is Dead. Long Live Retail!

6 Min Read
Artificial Intelligence tools for crime busting
Artificial IntelligenceBest PracticesBig DataData ManagementData MiningPolicy and GovernanceRisk Management

Artificial Intelligence: The New Super-Efficient Crime Busting Tool

6 Min Read

Zero Latency: An Obsession with Velocity

5 Min Read

Best Thinkers Webinar Series: Liberating Big Data

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 is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

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?