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50 results for "predictive analytics"

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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 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
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
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 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 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 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 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 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 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
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
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
How is analytics, BI and decision support shaping global society?
by Daniel J. Power Editor, DSSResources.COM Computer-based analysis and decision support began impacting global society in the early 1950s. By 19...
DSS Foundations Sep 01, 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
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 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 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 are current trends in BI and Data Analytics?
by Ciara Heavin and Daniel J. Power For the foreseeable future, Business Intelligence and data analytics technologies will continue as key enable...
DSS Foundations Feb 18, 2017
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
What is a decision support model?
by Dan Power Editor, DSSResources.com In the realm of decision support, a model is a quantitative description of a phenomenon. A model replicates...
DSS Foundations Jan 13, 2013
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 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
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 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 major managerial dilemmas of digital transformation?
by Daniel J. Power Editor, DSSResources.com Managers face some difficult choices among potentially disruptive or in other ways undesirable soluti...
DSS Foundations May 29, 2017
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
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
What is big data?
by Daniel J. Power Editor, DSSResources.COM Big data is an overused and somewhat confusing phrase. Big data is characterized by high volume, low...
DSS Foundations Jul 02, 2018
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
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 has and will Moore's Law impact computerized decision support?
by Daniel J. Power Editor, DSSResources.COM Predictive “natural” laws provide some comfort in a complex, volatile and uncertain world. The "l...
DSS Theory Jun 08, 2014
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
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 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 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 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
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 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 digital transformation of an organization?
by Daniel J. Power and Ciara Heavin Digital transformation changes processes, systems and operations by implementing improved computing technologi...
DSS Foundations May 13, 2018
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 is adaptive planning?
by Daniel J. Power Editor, DSSResources.COM Adaptive planning is a process and theory for coping with change and complexity. Adaptive planning ide...
DSS Foundations Feb 15, 2020
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 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 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 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
Can 'Big Brother' watch us?
by Dan Power Editor, DSSResources.com "Big Brother" is a familiar metaphor that conjures up visions of political surveillance, political control...
DSS Foundations May 30, 2016
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
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
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
What are some use cases with expanded data sources?
by Daniel J. Power Editor, DSSResources.COM Data volume is expanding rapidly, data variety is increasing and is coming from new sources, and data...
DSS Foundations Dec 21, 2014
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