Data-Driven Decision Making
Making operational and strategic decisions based on analysis of real-time and historical data, rather than intuition or manual observation. In manufacturing, powered by IoT sensors, MES systems, and AI inference.
Why it matters
Gut feel is 80% accurate; data-driven decisions are 95%+. Manufacturers that close the feedback loop (measure → analyze → act → measure again) improve continuously. Those relying on manual methods stagnate.
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Cite this definition
Finocchiaro, Michael. “Data-Driven Decision Making.” DemystifyingPLM PLM Glossary, 2026, https://www.demystifyingplm.com/glossary/data-driven-decision-making