I often hear executives express concern about the ability of computer based automated decisions - not really believing that much of the decision making going on in their firm can be automated or that their decision making is too complex to automate. I heard these very words from a CIO the other day.
But look at Wall Street. Buy/sell decisions worth billions of dollars are being decided and completed in micro seconds - all via automated trading, based on intelligent systems decision making. Wonder why the Wall Street firms are so profitable and employee bouneses are so big?
The fact is, good automated decision making systems are faster, better, and cheaper than having employees make the same decisions. Smart systems can benefit by utilizing knowledge bases of numerous experts and the very best decision making people. In addition, intelligent systems can perform "machine learning" to improve decision making as more feedback is received.
Most decisions being made manually in an average company are probably nowhere as big or complex as on Wall Street. So what's holding your company back from introducing more cost saving automated decision systems ? Really smart systems are what is going to differentiate your company from the rest of the pack.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment