Decision Intelligence Relies on Analytics and Powerful Reduction Algorithms
Our term "decision-maker" refers to the person in charge of decision architecture and context framing rather than the investor or stakeholder who rushes in to veto the project team's plans. In other words, someone who creates carefully worded objectives rather than someone who destroys them. It is a fairly linear and iterative process. Days, weeks, or even months after the original data collection, decisions may be made. Additionally, forecasting results heavily relies on performance and behavior from the past.
An engineering subject called decision intelligence adds theory from social science, decision theory, and managerial science to data science. Decision Intelligence includes recommendation engines that use analytics and powerful reduction algorithms to predict consumer affinity and disposition to a certain product or service. In addition to techniques for implementing machine learning at scale, its application offers a foundation for best practices in corporate decision-making.
In order to have a meaningful
impact on your organization and maximize the return on your data and advanced
technology investments, decision intelligence combines a variety of decision-making
techniques with AI, automation, business intelligence (BI), and
forward-thinking decision-makers. This gives you the chance to gather
actionable intelligence that drives more progressive decisions.
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