Frequently Asked Questions about Decision Support Systems by Dan Power
41 results for "algorithms"
| Question | Category | Date |
|---|---|---|
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What is machine learning?
by Daniel J. Power Editor, DSSResources.COM "A computing machine learns to make and improve its predictions by performing calculations from data a... |
DSS Foundations | Apr 01, 2017 |
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Why is a person kept in the decision cycle?
by Daniel J. Power Editor, DSSResources.COM Decision making using data and algorithms has inherent limitations. Decision automation and decision m... |
DSS Foundations | Feb 04, 2018 |
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What is the role of people in machine learning?
by Daniel J. Power Editor, DSSResources.com Many tools exist for modeling data using machine learning (ML). The tools have been automated and the... |
DSS Foundations | Jan 13, 2021 |
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What is an algorithmic system?
by Daniel J. Power Editor, DSSResources.com An algorithm (pronounced AL-go-rith-um) is a well-defined procedure for solving a problem, based on ... |
DSS Foundations | Jun 25, 2018 |
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What are common data mining mistakes?
by Dan Power Editor, DSSResources.com Data mining is a broad term for identifying patterns in data, analyzing data and summarizing it into useful... |
DSS Foundations | Dec 19, 2010 |
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How does edge computing impact decision support?
by Daniel J. Power Editor, DSSResources.COM Edge computing means more data for predictive analytics and model-driven decision support can be proc... |
DSS Foundations | Feb 10, 2019 |
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What is a recommender system?
by Daniel J. Power Editor, DSSResources.COM A recommender system is a software tool that provides suggestions to a person for a defined domain or ... |
DSS Foundations | Apr 27, 2017 |
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What are common data mining tools?
by Dan Power Editor, DSSResources.com As it became possible and affordable to store large amounts of data, managers wanted to access and analyze ... |
DSS Foundations | Dec 06, 2009 |
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What is visual analytics?
by Daniel J. Power Editor, DSSResources.COM Visual analytics combines automated analysis techniques with interactive visualisations to support de... |
DSS Foundations | Jun 12, 2013 |
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What is the future of decision support and analytics?
by Daniel J. Power Editor, DSSResources.COM Decision support and business analytics can provide managers the numbers and metrics for both day-to-... |
DSS Foundations | Nov 26, 2019 |
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How does the Internet of Things (IoT) support decision making?
by Daniel J. Power Editor, DSSResources.COM Supporting decision making is broadening in its scope and in available capabilities. According to Pow... |
DSS Foundations | Aug 19, 2018 |
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What is surveillance analytics?
Ciara Heavin and Daniel J. Power Monitoring and tracking of what is occurring is not a new phenomenon. People and various activities have been obs... |
DSS Foundations | Dec 05, 2020 |
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How does data mining provide knowledge?
by Daniel J. Power Editor, DSSResources.com In the 1970s, companies employed business analysts who used statistical packages like SAS and SPSS to... |
DSS Foundations | Jan 17, 2021 |
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Can decision support improve surveillance and increase privacy?
by Daniel J. Power Editor, DSSResources.COM Some people assume that computerized decision support can help law enforcement use surveillance to de... |
DSS Foundations | Sep 22, 2018 |
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How might AI, Blockchain and Decision Support impact Accounting and Auditing?
by Daniel J. Power Editor, DSSResources.COM Historically, bookkeepers, accountants, and auditors have maintained financial records and created de... |
DSS Foundations | Oct 14, 2018 |
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What vendors have communications-driven DSS for collaboration?
by Dan Power Editor, DSSResources.com With the growth of cloud computing more sophisticated communications-driven DSS have been developed to ass... |
DSS Foundations | Dec 17, 2011 |
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Can decision support developers reduce the probability of solving the ‘wrong’ problem?
by Daniel J. Power Editor, DSSResources.COM Data analytics and decision support systems are intended to help people, especially managers, make be... |
DSS Foundations | Jun 25, 2017 |
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What is data mining and how is it related to DSS?
by Daniel Power Editor, DSSResources.com Data mining is a data analysis innovation first discussed in the 1990s. "Big data" and analytics has led... |
Knowledge-driven DSS | Nov 30, 2015 |
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What policies should govern Artificial Intelligence (AI) applications?
by Daniel J. Power Editor, DSSResources.COM Artificial Intelligence (AI) applications are reaching the point where both organizations and governm... |
DSS Foundations | Aug 05, 2020 |
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What is the decision support information demand and supply equilibrium?
by Daniel J. Power Editor, DSSResources.COM At equilibrium the demand for decision support data and information equals the supply. In this era of... |
DSS Foundations | Oct 28, 2018 |
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What is decision automation?
by Daniel J. Power Editor, DSSResources.com Decision automation (DA) means software rather than people make decisions. The concept of decision au... |
DSS Foundations | Dec 19, 2018 |
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What is a data-driven decision making organization?
by Dan Power Editor, DSSResources.COM A data-driven decision making organization encourages and rewards use of facts and data by employees. Us... |
DSS Foundations | Jan 17, 2016 |
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Where can I find or download a DSS demo?
Requests for information about DSS demonstration software is a frequent email question. The answer changes however depending upon what vendors are cur... |
DSS Applications | Aug 07, 2005 |
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What are the skills of a data scientist?
by Ciara Heavin Managing Editor, Journal of Decision Systems and Daniel J. Power Editor, DSSResources.COM Like many of the IT professional ... |
DSS Foundations | Nov 25, 2016 |
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How can managers cope with digital disruption?
by Daniel J. Power and Ciara Heavin Nineteen fifty one (1951) marks the beginning of the first wave of economic and social digital disruption and tr... |
DSS Foundations | Jun 25, 2018 |
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What is a negotiation support system?
Negotiation Support Systems (NSS) are designed to assist negotiators in reaching mutually satisfactory decisions by providing a means of communication... |
DSS Foundations | Aug 10, 2007 |
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Are computerized decision aids decision support systems?
by Daniel J. Power Editor, DSSResources.COM Some are, some aren't. The phrase computerized decision aid refers to a diverse set of computer-based... |
DSS Theory | May 14, 2016 |
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Who uses computerized decision support and analytics?
by Daniel J. Power Editor, DSSResources.COM and Ciara Heavin Managing Editor, Journal of Decision Systems Traditionally, many researchers a... |
DSS Foundations | Jan 08, 2017 |
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What is a decision system?
Daniel J. Power, Ciara Heavin, and Peter Keenan A decision system is a collection of information-processing components that interact to make deci... |
DSS Foundations | Sep 02, 2018 |
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What is a data scientist?
by Daniel J. Power Editor, DSSResources.COM A practitioner of the emerging discipline of data science is called a data scientist. Data science is... |
DSS Foundations | Sep 26, 2014 |
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What is the factory of the future?
Daniel J. Power Ciara Heavin and Shashidhar Kaparthi The "Factory of the Future" (FoF) is a vision of automated production. In some descriptions,... |
DSS Foundations | Apr 17, 2020 |
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What are the characteristics of decisions?
by Daniel J. Power Editor, DSSResources.COM and Ciara Heavin Managing Editor, Journal of Decision Systems Managers make many decisions and ... |
DSS Foundations | Oct 30, 2016 |
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What is high-velocity decision making?
by Daniel J. Power Editor, DSSResources.com Strategic, consequential decisions can and often should be made using a high-velocity, high-quality d... |
DSS Foundations | Sep 06, 2017 |
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How can organizations keep data-driven DSS and data warehouses current with changes in source systems?
by Daniel J. Power Editor, DSSResources.COM In my Ask Dan column of October 22, 2006 (Vol. 7, No. 22), I answered some of the challenging questi... |
Data-driven DSS | Mar 02, 2007 |
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How should digital ethics impact analytics and data mining?
by Ciara Heavin and Daniel J. Power Ethics should guide analytics, data mining, decision support, and decision making. Big data and new analytica... |
DSS Foundations | Mar 23, 2019 |
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What is business analytics?
by Daniel J. Power, Ciara Heavin, James McDermott, and Mary Daly Business analytics (BA) is an abstraction and generalization of many activities ... |
DSS Foundations | Mar 16, 2019 |
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What are examples of data science jobs?
by Daniel J. Power Editor, DSSResources.COM Data scientist is the "new", "hot", "sexy" and high paying job associated with decision support and... |
DSS Foundations | Feb 22, 2014 |
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How can analytics and decision support improve cybersecurity?
by Daniel J. Power Editor, DSSResources.COM Protecting digital data and information is crucial to organizational survival. Failing to anticipate ... |
DSS Foundations | Jun 26, 2018 |
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Did decision automation cause the subprime mortgage crisis?
by Daniel J. Power Editor, DSSResources.COM Actions of greedy and naive people caused the crisis. People built and implemented the computerized d... |
DSS Foundations | Sep 14, 2018 |
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What are example uses of business analytics?
by Daniel J. Power Editor, DSSResources.COM There are many applications and uses of business analytics. Quantitative and analytical models and to... |
DSS Foundations | Nov 24, 2018 |
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What is the history of Clinical DSS?
by Daniel J. Power Editor, DSSResources.COM Clinical Decision Support Systems (CDSSs) are positively disrupting healthcare and the practice of med... |
DSS Foundations | Jul 19, 2019 |
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