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data-driven decision making

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**data-driven decision making**

What is data-driven decision making?

Data-driven decision making (DDDM) is an approach to business governance that values decisions based on hard data, rather than intuition or observation alone. It involves collecting, analyzing, and interpreting data to inform decisions across various business functions, such as marketing, product development, and operations. Common uses include identifying trends, predicting future outcomes, optimizing processes, and personalizing customer experiences. DDDM helps organizations make more informed and effective decisions, leading to improved performance and outcomes.

What other technologies are related to data-driven decision making?

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