automated decision making


Also found in: Acronyms.

automated decision making

[¦ȯd·ə‚mād·əd di′sizh·ən ‚māk·iŋ]
(computer science)
The use of computers to carry out tasks requiring the generation or selection of options.
References in periodicals archive ?
Automated decision making can help B2B credit managers stay on top of a business that is changing fast, with pressure to do more with less and Sarbanes-Oxley Act mandates to better track accounts receivable.
The third risk assessment approach is termed automated decision making. This includes use of actuarial formulas and expert systems and artificial intelligence systems.
Additionally, as customers transition from static matching to utilizing AI in behavioral pairing such as skills based routing or proactive outbound messaging, agents are empowered and fully contextually aware to monitor and manage the full customer journey all from a single, intuitive user interface leading to flexible, automated decision making in the future.
While 84 percent of bankers surveyed said they are increasingly using data for critical and automated decision making, 78 percent believe these automated systems create new risks, such as fake data, external data manipulation and inherent bias.
The digital solution covers the full end-to-end sales process: from client profiling, needs analysis and product quotation, to policy application and automated decision making. It scales to support diverse distribution channels, working environments such as online browser or disconnected tablets, regulatory requirements and cultural advisory styles across Asia.
Emphasis will be placed on enhancing end-to-end customer visibility across more highly secure and high performing network connections, allowing for faster and more automated decision making capabilities to the customer.
Deep Insights for Automated Decision Making: By ingesting data from a variety of sources and harnessing the power of AI and analytics, utilities can understand past weather patterns and predict future outages for automated decision making.
Shayne Elliott, chief executive officer, said: 'Over the past six years, Nigel has led the transformation of the Risk function with a focus on data analytics, automated decision making and cyber security.
Commenting on Mr Williams retirement, Chief Executive Officer Shayne Elliott said: Over the past six years, Nigel has led the transformation of the Risk function with a focus on data analytics, automated decision making and cyber security.
the project will be constructed modern scientific research institute for research into the possibilities and ways of using gaming principles and the principles of competitiveness in electronic adaptive learning process, as well as on the use of analytical techniques for data mining and business intelligence processes and within the framework of algorithms for automated decision making and adaptation of electronic distance learning process to the needs of students with the application of research results in the monitoring of the pilot project.
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