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: 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

big data analytics
Big Data Analytics in Latin America: Stormy Waters, but the Tide is Rising
How To Create Business Value with Analytics
Less Dogma Equals Better Decision Making
Big Data Helps Alleviate Aviation Risk Management Problems
Academy Awards and Analytics-based Performance Management

 

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

cybersecurity essentials
Cybersecurity Essentials For Customer-Facing Platforms
Exclusive Infographic IT Security
ai for making lyric videos
How AI Is Revolutionizing Lyric Video Creation
Artificial Intelligence Exclusive
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

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

When Data Flows Faster Than It Can Be Processed

10 Min Read

Decision Management and the 4Ds

3 Min Read

Common Misconceptions on Automating Decisions

6 Min Read

Write on The Emerging Role of the Analyst – SDC’s Analytics Blogarama Oct 6

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.

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?