{"id":1912,"date":"2011-10-05T16:52:57","date_gmt":"2011-10-05T16:52:57","guid":{"rendered":"https:\/\/www.techopedia.com\/definition\/enterprise-decision-management\/"},"modified":"2017-01-18T18:18:07","modified_gmt":"2017-01-18T18:18:07","slug":"enterprise-decision-management","status":"publish","type":"definition","link":"https:\/\/www.techopedia.com\/definition\/1507\/enterprise-decision-management-edm","title":{"rendered":"Enterprise Decision Management"},"content":{"rendered":"<h2><span id=\"what_does_enterprise_decision_management_mean\">What Does Enterprise Decision Management Mean?<\/span><\/h2>\n<p>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.<\/p>\n<p>\n\tThe 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.\n<\/p>\n<h2><span id=\"techopedia_explains_enterprise_decision_management\">Techopedia Explains Enterprise Decision Management<\/span><\/h2>\n<p>EDM emerged from the need to facilitate high-volume enterprise decisions.<\/p>\n<p>\n\tEnterprises apply EDM processes to business and technology infrastructures for the following reasons:\n<\/p>\n<ul>\n<li>To generate a higher return on older investments<\/li>\n<li>To increase business decision complexity<\/li>\n<li>To mitigate competitive stress resulting from increasingly complicated decisions<\/li>\n<li>To capitalize on the limited competitive benefit opportunity (IT struggles to keep pace with business development)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>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. The computerized EDM movement altered the enterprise decision-making process by incorporating information-based decisions based on historical behavioral data, as well [&hellip;]<\/p>\n","protected":false},"author":7813,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"definitioncat":[231,232,236,230,239,228],"class_list":["post-1912","definition","type-definition","status-publish","format-standard","hentry","definitioncat-it-business-alignment","definitioncat-e-commerce","definitioncat-network-management","definitioncat-privacy-and-compliance","definitioncat-productivity-software","definitioncat-risk-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Enterprise Decision Management (EDM)? 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