Frequently Asked Questions about Decision Support Systems by Dan Power
50 results for "data mining"
| Question | Category | Date |
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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 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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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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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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What is the "true story" about using data mining to identify a relationship between sales of beer and diapers?
by Dan Power Editor, DSSResources.com For many years we have told the story of using data mining to find a relationship between sales of "beer an... |
Knowledge-driven DSS | Mar 26, 2011 |
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What is a computer supported special decision study?
by Dan Power Editor, DSSResources.com Frequently, computerized tools are used to prepare one-time special studies and reports in unstructured, ... |
DSS Foundations | Dec 23, 2015 |
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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 |
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How can decision support aid smart manufacturing initiatives?
by Daniel J. Power Editor, DSSResources.COM, University of Northern Iowa, USA; Marzieh Khakifirooz, National Tsing Hua University, Taiwan; Mahdi F... |
DSS Foundations | Jun 13, 2018 |
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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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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 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 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 |
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How has data warehouse usage evolved?
by Daniel J. Power Editor, DSSResources.COM It seems managers have accepted the idea of creating a separate data warehouse. Analytical and decisi... |
DSS Foundations | Apr 30, 2014 |
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What is a data lake?
by Daniel J. Power Editor, DSSResources.COM Data lake is a metaphor for a data storage structure. In the physical world, a lake is a basin filled... |
DSS Foundations | Aug 10, 2018 |
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What happened at DSSResources 2007-2010?
by Dan Power Editor, DSSResources.com The DSS Research Resources home page started during late summer 1995 as a way of organizing the vast amount... |
DSS Foundations | Jan 03, 2011 |
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What criteria should be used for evaluating DSS software packages?
by Daniel J. Power Editor, DSSResources.COM Evaluating software packages is an important task. Some people might be quick to list criteria like e... |
Evaluating DSS Projects | Feb 06, 2016 |
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What universities offer masters degrees in analytics and data science?
by Daniel J. Power Editor, DSSResources.COM Faculty entrepreneurs continue to respond to new business needs and trends in decision support tech... |
DSS Foundations | May 31, 2018 |
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What are some classic business DSS?
by Dan Power Editor, DSSResources.com A DSS classic is an early and lasting example of using technology to support decision making. Decision supp... |
DSS Foundations | Apr 09, 2011 |
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What are critical success factors for using advanced analytics?
by Daniel J. Power Editor, DSSResources.COM Presence of critical success factors (CSF) influence the performance of a task, project or organizati... |
DSS Foundations | Dec 21, 2013 |
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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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What are the features of a document-driven DSS?
by Dan Power Editor, DSSResources.com This column is installment #3 about features of the five types of computerized decision support systems (P... |
Document-driven DSS | May 01, 2007 |
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How do predictive analytics support decision making?
by Dan Power Editor, DSSResources.com Predictive analytics is a general term for using simple and complex models to support anticipatory decisio... |
Building DSS | Jul 30, 2012 |
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What is a DSS?
by Dan Power Editor, DSSResources.com "What is a DSS?" is a fundamental question that many have addressed over the years. It seems appropriate to... |
DSS Foundations | Mar 20, 2009 |
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What are the best analytics and 'big data' videos online?
by Daniel J. Power Editor, DSSResources.COM There are many video on the Web and especially on YouTube relevant to "big data" and analytics. The ... |
DSS Foundations | Mar 08, 2014 |
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Can DSS and Decision Support technologies help reduce the threat of terrorism?
by Daniel J. Power Editor, DSSResources.COM Lest we forget. I want to remember those who died, were injured, and were directly impacted by the te... |
DSS Applications | Dec 29, 2015 |
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How can decision support create competitive advantage?
by Daniel J. Power Editor, DSSResources.COM Managers want to create capabilities that provide a competitive advantage. Decision support, analyti... |
DSS Theory | Mar 02, 2013 |
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What are the similarities and differences between Data-Driven and Document-Driven DSS?
Document-Driven DSS is a relatively new category of Decision Support. There are certainly similarities to the more familiar Data-Driven DSS, but there... |
Document-driven DSS | Aug 06, 2005 |
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What was the DSS News in October 2000?
by Daniel Power Volume 1, issue number 12 of DSS News was published October 9, 2000. Then as now DSS News was a bi-weekly publication of DSSResourc... |
DSS Foundations | Oct 11, 2020 |
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How important are pivot tables in data-driven decision support?
by Dan Power Editor, DSSResources.com Some analysis tools are used more and are used more effectively than others. For example, pivot tables hav... |
DSS Foundations | Jun 25, 2011 |
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What technologies are used for decision automation?
by Dan Power Editor, DSSResources.com Software and system designers can use a number of differing technologies to build a system to automate deci... |
DSS Foundations | Jul 30, 2012 |
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Why study computerized decision support?
by Dan Power Editor, DSSResources.com Using information technologies to improve decision making is interesting and important. Sadly, we seem to ... |
DSS Foundations | Feb 05, 2012 |
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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 |
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Is decision automation a hot topic? Does using a DSS require statistical expertise?
YES and NO. Decision automation refers to using technologies including computer processing to make decisions and implement programmed decision process... |
DSS Foundations | Aug 16, 2005 |
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Are there strategic decision making 'big data' use cases?
Daniel J. Power Editor DSSResources.com and Decision Support News It is generally assumed that managers want to make data-driven decisions, rather... |
DSS Foundations | Oct 28, 2014 |
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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 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 |
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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 |
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How does a document management system differ from a Document-Driven DSS?
Vannevar Bush's 1945 vision of a memex that stores everything one has seen and read for fast retrieval is the goal for document management systems. Su... |
Document-driven DSS | Aug 06, 2005 |
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What are the "hot" DSS research topics?
Academic research in the U.S. often seems as susceptible to trends and "hot" topics as other segments of our culture. For the past 10 years ... |
Evaluating DSS Projects | Aug 07, 2005 |
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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 |
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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 |
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Is parallel database technology needed for data-driven DSS?
by Dan Power Editor, DSSResources.COM Few managers have heard of parallel computer processing and parallel databases. Nonetheless the desire of ... |
Data-driven DSS | Mar 02, 2007 |
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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 technologies are used for managing big data?
by Daniel J. Power Editor, DSSResources.COM Data-driven DSS and predictive analytics frequently need to access and process very large data sets ... |
DSS Foundations | Nov 10, 2016 |
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What is machine data?
by Dan Power Editor, DSSResources.com Machine data can be used to provide decision support for relevant decision tasks in organizations. Machine ... |
Data-driven DSS | Feb 27, 2013 |
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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 |
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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 operations analysis?
by Daniel J. Power Editor, DSSResources.COM Organizations develop systems and processes to perform tasks. The performance of these operations de... |
DSS Foundations | Feb 19, 2015 |
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What will the DSS headline be in FORTUNE Magazine in 2010?
By Dan Power Editor, DSSResources.com Readers may recall my promise in the September 25, 2005 trip report from Teradata Partners to discuss this... |
DSS Foundations | Oct 22, 2006 |
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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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