Frequently Asked Questions about Decision Support Systems by Dan Power
50 results for "important topics analytics & models"
| Question | Category | Date |
|---|---|---|
|
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 |
|
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 |
|
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 |
|
What are challenges for predictive analytics?
Daniel J. Power Editor, DSSResources.COM Prediction is a difficult task and a challenge in many situations. The assumption of current prediction t... |
DSS Foundations | Apr 07, 2019 |
|
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 |
|
What is conversational analytics?
by Daniel J. Power Editor, DSSResources.COM Kasera, V., R. Tandon, & A.Yeung, "Conversational Analytics for a Voice-driven World," ThoughtSpot W... |
DSS Foundations | Jul 10, 2019 |
|
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 |
|
What steps create a data-driven organization?
by Daniel J. Power Editor, DSSResources.com Transforming a traditional organization into one where data is systematically incorporated into decis... |
DSS Foundations | Jul 26, 2017 |
|
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 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 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 |
|
What do managers need to know about DSS?
by Dan Power Editor, DSSResources.com All managers need to master the what, when, who and why of computerized decision support systems (DSS). M... |
DSS Theory | Oct 02, 2011 |
|
What are philosophical foundations of DSS practice?
by Dan Power Editor, DSSResources.com Decision support systems as a practical discipline has multiple "philosophical foundations". DSS practice h... |
DSS Foundations | Apr 27, 2010 |
|
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 |
|
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 |
|
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 |
|
What is a man-computer symbiosis?
by Daniel J. Power Editor, DSSResources.COM In 1960, J. C. R Licklider coined the phrase "man-computer symbiosis". He speculated that "man-compute... |
DSS Foundations | Jul 18, 2018 |
|
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 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 |
|
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 method is best for building an enterprise-wide, data-driven DSS?
by Dan Power Editor, DSSResources.com Agile, SDLC, rapid prototyping, Spiral, RAD? Or some combination of methods? Information Technology manager... |
Building DSS | Aug 31, 2009 |
|
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 |
|
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 is analytical processing?
by Dan Power Editor, DSSResources.com Transforming data and summarizing it is a key task in many decision making situations. Once this task is co... |
DSS Foundations | Feb 12, 2010 |
|
What is self-service business intelligence?
by Daniel J. Power Editor, DSSResources.COM Managers and staff need access to data and decision support tools. Also, they need direct access to d... |
DSS Foundations | Jun 15, 2018 |
|
How can analytics and decision support reduce insurance fraud?
by Daniel J. Power Editor, DSSResources.COM Preventing and detecting insurance fraud is a critical task at insurance companies. There is some evi... |
DSS Foundations | Mar 02, 2014 |
|
Is decision making authority shifting in organizations?
by Daniel J. Power Editor, DSSResources.COM Management is about delegating and making decisions. As organizations have gotten larger, more comple... |
DSS Foundations | Feb 06, 2014 |
|
What can DSS designers learn from video games?
Today, decision support systems use mature user interface technologies. Dashboards are not "new"; the smiley faces and sliders for user input are fa... |
Building DSS | Feb 05, 2006 |
|
What is DevOps and is it important to decision support?
by Daniel J. Power Editor, DSSResources.COM DevOps is a made-up term for a software/systems development method, practice or technique that combi... |
DSS Foundations | Nov 14, 2015 |
|
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 |
|
What Wikipedia resources are useful for a database management course?
by Daniel J. Power Editor, DSSResources.COM Managing data is a fundamental need in organizations. More complex data, parallel processing and inex... |
DSS Foundations | Aug 13, 2013 |
|
Why are quantitative models useful for decision support?
by Dan Power Editor, DSSResources.com Managers need to understand the value that a quantitative model creates for decision making. By identifyin... |
DSS Foundations | Jan 28, 2013 |
|
Is the traditional Sprague DSS still relevant?
by Daniel J. Power Editor, DSSResources.COM In 1980, Ralph Sprague, a long-time Professor at the University of Hawaiʻi at Mānoa, wrote ... |
DSS Foundations | Dec 13, 2017 |
|
What is sabermetrics?
by Daniel J. Power Editor, DSSResources.COM Sabermetrics is a specific use of analytics in decision making. It is "the application of statistical... |
DSS Foundations | Feb 06, 2014 |
|
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 |
|
How do data analytics support data-based decision-making?
by Ciara Heavin and Daniel J. Power Analysis of data or data analytics is an integral component of a successful organizational digital transforma... |
DSS Foundations | Nov 27, 2017 |
|
Can chatbot technology improve decision support?
by Daniel J. Power Editor, DSSResources.COM Chatting using text or computer-generated voice and natural language understanding with an intelligen... |
DSS Foundations | Jun 30, 2019 |
|
What is a robust decision support quantitative model?
by Daniel J. Power Editor, DSSResources.COM Some quantitative models provide very different results when assumptions are violated and when model ... |
DSS Foundations | Apr 17, 2015 |
|
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 |
|
What factors indicate a special study is more appropriate than a DSS?
by Dan Power Editor, DSSResources.com Personal and organizational factors, cultural factors, decision factors, information factors and psycholog... |
Building DSS | Dec 26, 2015 |
|
How does business analytics differ from data analytics?
by Daniel J. Power Editor, DSSResources.COM Both business analytics and data analytics are relatively new terms in the business lexicon. Students... |
DSS Foundations | Jun 24, 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 |
|
What is a data warehouse appliance?
by Dan Power Editor, DSSResources.com In general, a data warehouse (DW) appliance is an integrated hardware and software bundled application. A... |
Data-driven DSS | Feb 19, 2012 |
|
Will thinking machines make better decisions than people?
by Dan Power Editor, DSSResources.com Fifty years of computing technology improvement has led to faster computation, faster transmission of data ... |
DSS Foundations | Jul 30, 2012 |
|
What are pros and cons of self-service data analytics tools?
by Daniel J. Power Editor, DSSResources.com Many managers and employees want more direct access to proprietary organization data. Vendors promote... |
DSS Foundations | Oct 09, 2017 |
|
What is predictive asset management?
by Daniel J. Power Editor, DSSResources.COM Cognizant, Deloitte, IBM, SAS and other vendors and consulting firms are promoting use of predictive ... |
DSS Foundations | Jun 27, 2018 |
|
How is data management linked to analytics and decision support?
by Daniel Power Editor, DSSResources.com Data management or data resource management refers to activities and tasks associated with capturing, or... |
DSS Foundations | Aug 30, 2016 |
|
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 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 |
|
Is an insight-driven organization myth or reality?
Daniel J. Power Editor, DSSResources.com An insight-driven organization seems more like marketing hype, building on a catchy name, than reality. O... |
DSS Foundations | Aug 18, 2019 |
| DSS Home | About Us | Contact Us | Site Index | Subscribe | What's New | ||
|
|
Copyright © 1995-2021 by D. J. Power (see his home page). DSSResources.COMsm was maintained by Daniel J. Power of PowerEnterprises.net. See disclaimer and privacy statement. | |