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Sunday, July 25, 2010  |  www.DSSResources.com

D. J. Power, Editor
Vol. 11, No. 15
Presented by the BeyeNETWORK

IN THIS ISSUE

What is a DSS cost benefit analysis?
by Dan Power
Decision support system cost benefit analysis is one technique used to determine if a proposed DSS should be built and implemented. A cost benefit analysis identifies and quantifies all the positive factors associated with the DSS over its planned period of use. These are called the benefits. Then one identifies, quantifies, and subtracts all the negative factors for the same time period, called the costs. The net amount in dollars is usually discounted and a positive return suggests the DSS project is desirable. Some of the costs and benefits are difficult to quantify in financial terms. For example, the primary benefit of DSS should be improved decisions. This intangible benefit is very hard to quantify and claiming the benefit assumes that managers will use the decision support system. Let's examine the analytical process.
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De-Risking Data Migration: The Case for Data Quality Technology

This white paper by Dylan Jones provides practical advice that will help the reader understand the pivotal role data quality technology must play in a data migration. Jones describes five distinct implementations of data quality technology in detail, each one providing clear evidence for the need to - and the benefits of - adopting the right data quality approach in data migration projects.

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De-Risking Data Migration: The Case for Data Quality Technology
This white paper by Dylan Jones provides practical advice that will help the reader understand the pivotal role data quality technology must play in a data migration. Jones describes five distinct implementations of data quality technology in detail, each one providing clear evidence for the need to - and the benefits of - adopting the right data quality approach in data migration projects.

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Because of increasing complexity, rapid change and risk, managers have an obligation to shareholders to learn about and understand computerized decision support systems (DSS).

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Events

Decision Sciences Institute 2010 Annual Meeting
Join us at the 2010 DSI 41st Annual Meeting November 20 - 23, 2010

This years theme:  Challenging the Status Quo -- Breakthrough Innovations that Rejuvenate Organizations

A little revolution is a good thing now and then.  In 2009 the Decision Science Institute (DSI) celebrated its 40th year of existence as one of the leading academic societies. The annual conference in 2010 marks the beginning of the next 40 years, in which we expect to break new ground, try new ideas, and create new value for all participants.

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BI Congress II: The Gateway to the Future on Analytics

Join us at the BI Congress II in Saint Louis, MO on December 11 and 12, 2010 and help shape the future of analytics!

The 2010 Business Intelligence Congress II will bring together academic professionals and industry representatives who share a common passion for research and education innovation in the field of analytics. In the spirit of open innovation - learn from, contribute your knowledge to, and brainstorm with the key industry and academic movers and shakers!

More Info
Whitepapers

Oita Bank selects SAS® Marketing Automation on Teradata to revitalize its business intelligence capacities.
Japan-based Oita Bank has selected SAS, the leader in business analytics software and services, and Teradata, the world’s largest company solely focused on data warehousing, to help revitalize its business intelligence capabilities. With the help of SAS Marketing Automation, Teradata Active Enterprise Data Warehouse platform, and the Teradata AccessNavigatorWeb query tool, Oita Bank can store six times the previous volume of data and process that data three times faster to meet ever-changing marketing needs.
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Memphis Police Department reduces crime rates with IBM predictive analytics software.
IBM today announced that Memphis Police Department (MPD) has enhanced its crime fighting techniques with IBM predictive analytics software and reduced serious crime by more than 30 percent, including a 15 percent reduction in violent crimes since 2006.
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MetroPCS connects with Netezza's TwinFin.
Netezza Corporation, the global leader in data warehouse, analytic and monitoring appliances, today announced that MetroPCS Wireless, Inc., the nation’s leading provider of unlimited, flat-rate no annual contract wireless communications service, has selected the Netezza® TwinFin™ appliance and ADRM Software’s CDMA Wireless Data Model to be the foundation for its enterprise data warehouse (EDW).
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SAP extends offer to acquire Sybase, Inc.
SAP AG announced that its indirectly wholly-owned subsidiary, Sheffield Acquisition Corp., has extended the expiration of its cash tender offer for all outstanding shares of common stock of Sybase, Inc., at a price of $65.00 per share, to 9:00 p.m., New York City time, on July 26, 2010, unless further extended. The tender offer was previously scheduled to expire at 9:00 p.m., New York City time, on July 16, 2010. The tender offer is being made pursuant to an Offer to Purchase, dated May 26, 2010, as amended, and in connection with the Agreement and Plan of Merger, dated May 12, 2010, by and among SAP America, Inc., Sheffield Acquisition Corp. and Sybase, which SAP and Sybase announced on May 12, 2010.
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Teradata and ESRI offer customers advanced geospatial intelligence.
Teradata Corporation and ESRI announced that their new relationship will enable customers to integrate business and geospatial data in a single database, perform advanced analytics and deliver geospatial intelligence to business users to improve decision-making.
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