Decision Management
Decision Management in 2024: 4-Step Implementation & Benefits
Good decision making is critical for all organizations. However, according to a recent Gartner survey, 65% of business decisions made are more complex, in terms of the stakeholders and options involved, than they were two years ago.
Guide to Business Rules Management Systems (BRMS) in 2024
Business decisions are driven by a variety of information, including customer information and sales figures to market trends and competitor insights. However, gathering, interpreting, and acting on all this information can be complex and time-consuming.
Business Rules Engines in 2024: How They Work & Benefits
Businesses rely on a wide range of information to make decisions, from customer data and market trends to business operations data and company performance metrics. However, managing and using all this information in decision-making can be challenging, as it is often spread across disparate business systems and data silos.
12 Business Rules Examples of Decision Automation in 2024
Decision management is an emerging field that combines artificial intelligence and business rules to automate complex decision-making processes. A business rule is a formally defined instruction that describes how a certain task should be performed.
Business Rules in 2024: Benefits, Examples & Best Practices
Digital first is already a business model most companies follow, and hyperautomation is becoming the next step in enterprise digital transformation. However, companies must establish robust decision management practices to optimize human decision-making and achieve decision automation to automate as many business processes as possible.