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
    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
    warehouse accidents
    Data Analytics and the Future of Warehouse Safety
    10 Min Read
    stock investing and data analytics
    How Data Analytics Supports Smarter Stock Trading Strategies
    4 Min Read
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 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

business intelligence software for companies
4 Ways to Use Business Intelligence in Your Business
Big Data Is The Next Frontier For Innovation, Competition and Productivity
The 4 Phases of a Decision
Is VoIP Offering You Any Real Benefit?
Big Data = Big Money: The ROI of Business Intelligence

 

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

AI video surveilance
AI Video Surveillance for Safer Businesses
Artificial Intelligence Exclusive
Managed IT Services
Comparing Affordable Managed IT Services for Denver’s Remote Workforce
Exclusive IT
human verification tool for business
Human Verification Tools Help Make Smarter Data-Driven Decisions
Big Data Exclusive
ai in business
Recurring Revenue Strategies for the AI Business Era
Artificial Intelligence Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

OBIEE login
AnalyticsBig DataBusiness IntelligenceData VisualizationDecision ManagementPredictive Analytics

How to Create an OBIEE Dashboard Tutorial

6 Min Read

Getting Ready for the Post-Season: Numerati Baseball

4 Min Read

Big Data is Critical to the DoD Science and Technology Investment Agenda

3 Min Read

Is Big Data Helping or Hurting your Sales Reps?

4 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
giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive

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?