Enterprise Decision Management

What Does Enterprise Decision Management 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.

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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 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)
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Margaret Rouse

Margaret Rouse is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical, business audience. Over the past twenty years her explanations have appeared on TechTarget websites and she's been cited as an authority in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine and Discovery Magazine.Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages. If you have a suggestion for a new definition or how to improve a technical explanation, please email Margaret or contact her…