from DSSResources.com

DSS News
D. J. Power, Editor
January 8, 2012             Vol. 13, No. 1


In this issue

1) How do predictive analytics support decision making?
2) Recent DSS News Headlines
3) Upcoming DSS Conferences/Call for Papers


1) 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 decision making. Analysis of historical data is used to build a predictive model to support a specific decision task. The decision task may be determining who to target in a marketing campaign, what products to stock, possibility of fraud, or who the "best" customers are for a firm. Using historical data, predictor variables are identified for building quantitative or business rule models. The model makes a prediction for a decision task.
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2) Recent DSS News Headlines

01/05/2012 Insurance Administrative Solutions (IAS) launches eApplication platform to issue Medicare supplement policies in as little as 12 minutes. Check release.

01/05/2012 IEEE experts predict 12 consumer technology trends for 2012. Check release.

01/04/2012 Practice Fusion's top-rated e-Prescribing software gets a doctor-driven makeover. Check release.

Click for more news releases

3) Upcoming DSS Conferences/Call for Papers

1. Call for IS/T book proposals. Click here

2. 4th KES International Conference on Intelligent Decision Technologies (IDT-2012), 23-25 May 2012, Gifu, Japan. Click here

3. Call for papers: DSS’2012 – 16th IFIP WG8.3 International Conference on Decision Support Systems, Anávissos, Greece, June 28-30 2012. Click here

4. Call for papers: European Journal of Information Systems, Special Issue on Transforming Decision-Making Processes: The Next IS Frontier, due February 1, 2012. Click here

5. Call for papers: 20th European Conference on Information Systems (ECIS 2012), Track: "Business Intelligence and Knowledge Management", Barcelona, Spain June 10-13, 2012. Click here


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