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Frequently Asked Questions about Decision Support Systems by Dan Power

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50 results for "analytic applications"

Question	Category	Date
What are Analytical Information Systems? by Dan Power Editor, DSSResources.com Analytical Information Systems provide information, analysis and possibly recommendations. Henry Morri...	DSS Foundations	Dec 29, 2015
What is analytics? by Dan Power Editor, DSSResources.COM Analytics refers to quantitative and statistical analysis of data. Analytic capabilities are important in...	DSS Foundations	Oct 07, 2020
What is operational business intelligence? by Dan Power Editor, DSSResources.com For 50 years, managers have wanted information systems to provide facts to guide operational business deci...	Data-driven DSS	Sep 03, 2008
What if decision support is incorrect? by Dan Power Editor, DSSResources.COM Analytics and decision support are intended to improve decision making. Both types of systems commonly prov...	DSS Foundations	Apr 14, 2015
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
What should managers know about predictive analytics and model-driven decision support? by Dan Power Editor, DSSResources.COM Companies are implementing predictive analytics and quantitative models to assist managers. There remain ...	DSS Foundations	Aug 19, 2012
What is the best data analytics approach? by Ciara Heavin and Daniel J. Power Selecting the most appropriate data analytics approach and tools for a specific task or project can be very c...	DSS Foundations	Sep 18, 2017
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
What is the theory of decision support systems? by Dan Power Editor, DSSResources.com Past practice and experience usually guide computerized decision support development more than theory and g...	DSS Theory	Aug 06, 2005
What is an enterprise-class translytical database? by Daniel J. Power and Ciara Heavin Translytical is a portmanteau word, in that parts of the words transaction and analytical are combined to form...	DSS Foundations	Oct 02, 2017
What is Hadoop? by Dan Power Editor, DSSResources.com Data-driven DSS may need to access and process very large data sets to support decision-making. One way to...	DSS Foundations	May 26, 2013
Can we engineer effective decision support systems? Daniel J. Power Editor, DSSResources.com Building effective computerized decision support systems is possible and increasingly common. Understandi...	Building DSS	Dec 30, 2012
Can Web services deliver decision support? by Daniel J. Power Editor, DSSResources.COM Web services describes a standardized way of integrating Web-based applications using open standa...	DSS Foundations	Nov 25, 2015
What should managers know about business intelligence and data-driven decision support? by Dan Power Editor, DSSResources.COM Most managers want to make fact-based decisions. Many large organizations have implemented database syste...	DSS Foundations	Aug 13, 2012
What is data exploration? by Daniel J. Power Editor, DSSResources.COM Explorers venture into the unknown. A modern data explorer wants to find evidence and answers from da...	DSS Foundations	Jul 16, 2018
What is data-driven decision making? by Daniel J. Power Editor, DSSResources.COM A recent Capgemini (2012) study found that 9 out of 10 business leaders “believe data is now the fou...	DSS Foundations	Nov 27, 2014
What is business intelligence? by Dan Power Editor, DSSResources.com Business intelligence (BI) is often viewed as a term similar to military or competitive intelligence. And h...	DSS Foundations	Aug 06, 2005
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
What are characteristics of a decision support system? by Dan Power Editor, DSSResources.com How do you know a computerized system is a decision support system (DSS)? This question is important becaus...	DSS Theory	Oct 05, 2005
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
What companies have gained a competitive advantage by building a DSS? by Daniel J. Power Editor, DSSResources.COM Software vendor salespeople and their sales materials often claim that a specific software product lik...	Building DSS	Jul 25, 2015
What is localization of decision support and analytics? by Daniel J. Power Editor, DSSResources.COM As companies expand into the global marketplace decision support and analytics must often be localized...	DSS Foundations	Mar 28, 2015
Why is agile important? Daniel J. Power and Ciara Heavin Agile hype continues to grow and some see agile as a solution to every problem (cf., Ambroziewicz, 2017; Mandir, ...	DSS Foundations	Jun 22, 2020
Is a Data Warehouse a DSS? What is a star schema? No, a data warehouse is not a Decision Support System. A data warehouse is however usually the "driver" and dominant component for a Data-dr...	Data-driven DSS	Aug 06, 2005
Can decision support provide a competitive advantage? by Dan Power Editor, DSSResources.COM Some software vendors claim their decision support, analytics or business intelligence applications will ...	DSS Theory	Oct 02, 2012
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
What should be taught in a Business Intelligence/Data-Driven DSS course? by Dan Power On Tuesday, December 13, 2005, Michael Lane, Lecturer Information Systems Department, Faculty of Business, University of Southern ...	Data-driven DSS	Aug 01, 2006
Is decision support outsourcing a mistake? by Daniel J. Power Editor, DSSResources.COM Outsourcing of any organization capability, function or task should be driven by strategy not simply ...	DSS Foundations	Apr 26, 2015
What is big data analytics? by Daniel J. Power Editor, DSSResources.COM Big data analytics combines buzz words and is a buzz phrase. The basic idea of this new business jarg...	DSS Foundations	Jul 15, 2018
What is DSS 2.0? by Daniel J. Power Editor, DSSResources.COM Discontinuities and major technology change can result in improving and significantly altering the sc...	DSS Foundations	Jul 19, 2014
Who uses computerized decision support? by Dan Power Editor, DSSResources.com Many people use computerized decision support for work and in recent years to aid in personal decision maki...	Building DSS	Sep 02, 2012
What are sources of data for building a data-driven DSS? by Dan Power Editor, DSSResources.com Managers and IT staff who are thinking about opportunities for building innovative, data-driven decision su...	DSS Foundations	Jun 20, 2014
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
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
How can managers and technology staff secure decision support data and decision support systems? by Dan Power Editor, DSSResources.com Using computers to support business decision making is mission critical in many companies, but security f...	Building DSS	Nov 15, 2007
Is Amazon Web Services a 'good fit' for decision support and OLTP? by Daniel J. Power Editor, DSSResources.COM Amazon Web Services (AWS) hosts many popular Web applications including: Instagram, Vine, IFTTT, Netf...	DSS Foundations	Aug 25, 2013
How does sensitivity analysis differ from "What if?" analysis? by Dan Power Editor, DSSResources.COM In the early days of decision support deployment, one of the major "selling points" of vendors and academ...	Model-driven DSS	Aug 30, 2014
Does the term big data have utility for managers? by Daniel J. Power Editor, DSSResources.COM Big data is a colorful phrase for a significant change in data capture, retrieval and storage. Each...	Data-driven DSS	Apr 10, 2014
Do small businesses need DSS? by Dan Power Editor, DSSResources.com Today decision-making is more difficult for all managers including those in small businesses. On the positi...	DSS Foundations	Jan 10, 2010
What are benefits of decision support applications in the cloud? by Dan Power Editor, DSSResources.COM Cloud computing is a distributed computing model that uses a network to share resources. The resources a...	DSS Foundations	Jul 08, 2012
Should managers build decision support applications? by Dan Power Editor, DSSResources.com Managers get paid to manage, but in some situations managers can build computerized decision support capabi...	DSS Foundations	Feb 02, 2013
Is decision support research still needed? Daniel J. Power Editor, DSSResources.com Digital transformation is occurring globally and data-driven decision support, machine learning, and Arti...	DSS Foundations	Nov 25, 2019
What is the difference between a DBMS and an RDBMS? by Daniel J. Power Editor, DSSResources.COM DBMS is an umbrella term for different types of database management system (DBMS) technologies. A rela...	DSS Foundations	Jan 02, 2017
Is security important for decision support applications? by Daniel J. Power Editor, DSSResources.COM Decision support applications often contain sensitive data that should be secured. Also, a common sou...	DSS Foundations	Apr 14, 2013
What is a RESTful decision support application? by Daniel J. Power Editor, DSSResources.COM A specific decision support vision and a well-defined architecture for a new application provides a d...	DSS Foundations	Jan 19, 2014
How does the Internet of Things change decision support? by Daniel J. Power Editor, DSSResources.COM Speculation about the Internet of Things (IoT) is increasing and new devices linked to the Internet ar...	DSS Foundations	Dec 10, 2014
What is mobile business intelligence? by Dan Power Editor, DSSResources.com Mobile business intelligence refers to data-driven decision support applications on mobile devices like sma...	DSS Foundations	Nov 20, 2012
What is mobile business analytics and intelligence? by Daniel J. Power and Ciara Heavin Decision support "on-the-go" is expanding in terms of capabilities. Off premise BI, Mobile BI or Mobile Intell...	DSS Foundations	Jan 21, 2017
How important is forecasting decision support? by Daniel J. Power Editor, DSSResources.COM Decision support and analytical systems that use data sets with models and statistical analyses remain...	DSS Foundations	Jul 12, 2015
What is predictive analytics? by Dan Power Editor, DSSResources.COM Predictive analytics involves systematic analysis of data using quantitative and statistical models to pr...	DSS Foundations	Jul 16, 2018

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