A collection of stories, anecdotes and other riff raff collected during my studies at Singapore.

Wednesday, March 19, 2008

Enterprise Decision Management

"If I have seen further than others, it is by standing upon the shoulders of giants.”
- Issac Newton

In the recent past, Enterprise Decision Management [EDM] has become all the more important to organizations. EDM manifests itself in myriad forms - Business Intelligence, Business Processes, Demand Management, Business rules, Data Mining, Regulatory Compliance to name a few.

I was researching on Predictive Analytics in the Financial Services arena - another fancy name for Business Intelligence which allows you to forecast/flag certain future outcomes based on past decision data. In short, a proactive approach to make better/informed business decisions in the future. I was looking at trying to fit Predictive Analytics into implementing fraud controls.

In this process of research, I came across this wonderful information storehouse called EDM Blog [www.edmblog.com]. Rather than me talking about it, just go there, browse and discover. The contributors are people who are leaders in this field. In a way, its learning from the masters. Happy Reading !!