Product

Companies today are facing tough competition in an increasingly complex business environment. Effective decision support in this environment should provide the decision maker with sufficient knowledge on which to base his decisions, intelligently presented to him from sources such as case histories, mathematical models, scientific research findings, regulations and advisory documents.

The decision management based on conventional wisdom and approaches lack accuracy and effectiveness when it comes to making decisions that are complex, contradictory and involve multiple dimensions/criteria, alternatives, information resources and stakeholders. It presents a challenge to eliminate inefficiencies in decision-making at all levels. This challenge cannot be met by developing and maintaining individual databases or tools based on spreadsheets that are islands of automation, in the sense that they are not integrated and deal only with a limited problem.

Enterprise-wide decision engineering is an emerging discipline that focuses on applying tools and techniques to systematically synthesize and analyze information and utility data distributed across an organization to make an informed operational and business decision.

IVAPS' IDEST suite (currently under development) is designed to discipline the decision making capabilities of an enterprise by using rigorous applications of multi-criteria and attribute decision making methods. The product aims to develop an intelligent environment that enhances enterprise competitiveness by improving the efficiency and effectiveness of decision-making process. The product reduces the decision complexity by identifying, defining and gathering information from multiple sources and synthesizing them in a seamless collaborative environment to arrive at the most unbiased and informed decision collectively in an enterprise.