Decision management

Decision management, also known as enterprise decision management (EDM) or business decision management (BDM), entails all aspects of designing, building and managing the automated decision-making systems that an organization uses to manage its interactions with customers, employees and suppliers. Computerization has changed the way organizations are approaching their decision-making because it requires that they automate more decisions, to handle response times and unattended operation required by computerization, and because it has enabled "information-based decisions" – decisions based on analysis of historical behavioral data, prior decisions, and their outcomes.

Source: Wikipedia — Decision management (CC BY-SA 4.0)

Decision management

Decision management, also known as enterprise decision management (EDM) or business decision management (BDM), entails all aspects of designing, building and managing the automated decision-making systems that an organization uses to manage its interactions with customers, employees and suppliers. Computerization has changed the way organizations are approaching their decision-making because it requires that they automate more decisions, to handle response times and unattended operation required by computerization, and because it has enabled "information-based decisions" – decisions based on analysis of historical behavioral data, prior decisions, and their outcomes.

Source: Wikipedia "Decision management" · CC BY-SA 4.0

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