Enterprise Decision Management (EDM)
Definition - What does Enterprise Decision Management (EDM) mean?
Enterprise decision management (EDM) is an enterprise approach that applies analytical and rule-based systems to manage and deploy all operational decisions, such as relationships with employees, suppliers and customers.
The computerized EDM movement altered the enterprise decision-making process by incorporating information-based decisions based on historical behavioral data, as well as prior decisions and their outcomes.
Techopedia explains Enterprise Decision Management (EDM)
EDM emerged from the need to facilitate high-volume enterprise decisions.
Enterprises apply EDM processes to business and technology infrastructures for the following reasons:
- To generate a higher return on older investments
- To increase business decision complexity
- To mitigate competitive stress resulting from increasingly complicated decisions
- To capitalize on the limited competitive benefit opportunity (IT struggles to keep pace with business development)
The Past, Present and Future of Autonomic Computing
Join thousands of others with our weekly newsletter
Free Whitepaper: The Path to Hybrid Cloud:
Free E-Book: Public Cloud Guide:
Free Tool: Virtual Health Monitor:
Free 30 Day Trial – Turbonomic: