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
    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
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Decision Management’s ‘Epsom Salt’ Problem
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 > Decision Management > Decision Management’s ‘Epsom Salt’ Problem
Decision Management

Decision Management’s ‘Epsom Salt’ Problem

JamesTaylor
JamesTaylor
3 Min Read
SHARE

 

Epsom Salts

Have you looked at a packet of Epsom Salt recently? Here’s a product that describes itself as

More Read

The Cloud and Physical Security
Standard processes, custom decisions
Beware the ‘Facebook Effect’ when service orienting information technology.
Less Dogma Equals Better Decision Making
Analytics and Ending the Tyranny of the Anecdotal

 

Epsom Salts

Have you looked at a packet of Epsom Salt recently? Here’s a product that describes itself as

  • a soaking aid for minor sprains and bruises
  • a saline laxative for the short term relief of constipation
  • a plant nutrient for vigorous lawns, flowers, plants, vegetables and trees

Three very different uses – after all, how many laxatives would you put on your garden or in your bath? Every time I see this product packaging I chuckle. It just seems so unlikely.

What, I hear you ask, does this have to do with Decision Management?

Well, I am often asked what’s better about systems developed using a Decision Management approach. The answer is that Decision Management delivers systems that are more agile, more analytic and more adaptive than traditional approaches – “It’s more agile, its analytic, and its adaptive too!”

Just as it looks odd to see one product marketed for soothing muscles, as a laxative and to make your garden grow greener, it can seem a stretch that one new approach will make your systems better in all three of these ways. I have been working with these kinds of systems for the better part of a decade and they really do:

  • More agile
    Decisions are high change components. Managing them as distinct components and extricating them from the processes, systems and events that need them makes them easier to find and change. Using business rules to manage the logic in the decisions makes it quicker, easier and more reliable to make the changes you need when you need them.
  • More analytic
    The power of analytics lies in the power of analytics to improve the way you make decisions. Predictive analytics in particular are most effective when applied to the kind of repeatable, operational decisions that matter to systems. If you have decisions identified, decision-making services built and a business rules platform for implementing and using your models then you are much more likely to put your analytics to work.
  • More adaptive
    Decisions take time to play out and sometimes you don’t know what the best approach will be. A separate decision-making service can easily embed the kind of A/B testing or champion/challenger testing you need to keep learning what works, keep adapting to changing market conditions and customer preferences.

So get that big bag of Epsom Salt and start building Decision Management systems.

  

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

software developer using ai
How Data Analytics Helps Developers Deliver Better Tech Services
Analytics Big Data Exclusive
ai for stock trading
Can Data Analytics Help Investors Outperform Warren Buffett
Analytics Exclusive
data security issues with annotation outsourcing
Data Annotation Outsourcing and Risk Mitigation Strategies
Big Data Exclusive Security
NO-CODE
Breaking down SPARC Emulation Technology: Zero Code Re-write
Exclusive News Software

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Walled Gardens and the Value of Innovation: Questions for Bill Franks

6 Min Read

The “Force-Field” of Data Governance

2 Min Read

Predictive Analytics World New York City Conference Announces Speaker Line-Up

5 Min Read

Aligning Big Data

14 Min Read

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

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
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?