According to a recent survey by Gartner, “65% of respondents said the decisions they make are more complex than just two years ago, and 53% said they face more pressure to explain or justify their decisions.” Workplaces have become more agile, and if the previous two years have taught us anything, it’s that business leaders, stakeholders, and associates must use data systems to advise their decisions.

Nearly three billion business decisions are made annually, and research by Bain shows “a 95% correlation between decision effectiveness and financial performance.” This new method, fortified by recent technological advances, has led to a new class of Decision Intelligence solutions and products designed to augment and amplify business users’ decision-making capabilities.

These automated decision intelligence tools and technologies transform how decisions are made in a business and are quickly becoming accepted. By 2023, Gartner projects that “more than one-third of large organizations will have analysts practicing Decision Intelligence, including decision modeling.”

This blog explores what Decision Intelligence technology actually is and how such Decision Intelligence solutions can transform the data-to-decisions journey for enterprises.