The Five Pillars of a Decision Management Platform

It’s widely accepted that the most successful market-leading organizations often share many common attributes.

In fact, many continue to record success and top-performing business results by embedding a culture of continuous learning and innovation. New strategies are constantly developed and tested via simulated to enable experimentation, often with radically new approaches in a low-cost and low-risk environment.

The sentiment of innovation creates an edge by enabling top performers to continually develop a deep understanding of not only customer behavior, but also the constraints and trade-offs inherent in their business that are required to rapidly deploy new AI and machine learning-enabled offerings.

It means new-to-market innovations can then be rapidly developed and deployed to meet shifting customer needs and expectations to achieve the desired results.

A platform approach makes competitive differentiation far easier by providing an enterprise-wide suite of core capabilities and services that are used to create the organization’s “brain and central nervous system”. Such a platform should span everything that’s needed — from exploring and orchestrating disparate data to uncovering deep new customer insights, from modeling effective decisions to operationalizing these decisions at scale across the organization.

How FICO Can Help

By effectively adopting all five pillars of the decision management platform, organizations can roll out new business capabilities in a matter of weeks.
 

The FICO Platform already has a proven track record in successfully enabling the roll-out of innovative solutions in insurance, financial services and banking sectors. The mass of benefits is recognized by Industry analysts like Forrester, as highlighted in its Forrester Wave report. For more information about the FICO platform click here. Or contact us directly here.