from DSSResources.com

Decision Support News
D. J. Power, Editor
June 22, 2014             Vol. 15, No. 13


In this issue

1) What are sources of data for building a data-driven DSS?
2) Recent DSS News Headlines
3) Upcoming Decision Support Conferences/Call for Papers


1) What are sources of data for building a data-driven DSS?

by Daniel J. Power
Editor, DSSResources.com

Managers and IT staff who are thinking about opportunities for building innovative, data-driven decision support and predictive analytic systems should be examining this question. Too often the question of data sources is answered hurriedly and without reflection and the standard answer is to use data from a transactional system, a data warehouse, an accounting system, an operational data store or "big" data. Many internal and external data sources are possible sources for meeting a specific decision support need. In some cases, important internal source data is not being recorded or captured and external data sources may be expensive or require new data collection methods. Machine data and social media data are data of convenience like transaction data that may or may not be useful. Despite difficulties, data-driven decision support systems should be built using the most appropriate data for a specific decision task. Using convenient, readily available data is often a poor choice. Find the data that is useful for meeting a decision support need.

Continue reading at http://dssresources.com/faq/index.php?action=artikel&id=145

Click for more Frequently Asked Questions

2) Recent DSS News Headlines

06/18/2014 Top 20 Big Data companies 2014: competitive landscape analysis. Check release.

06/16/2014 IBM serves up an ace fan experience with innovative technology at The Championships, Wimbledon 2014. Check release.

3) Upcoming Decision Support Conferences/Call for Papers/Books

1. August 7-10, 2014, AMCIS 2014 - Savannah, GeorgiaClick here.

2. Nov. 22-25, 2014, 45th Annual DSI meeting - Tampa, FL, Click here.

Sponsors

Order Dan Power's new book: Decision Support, Analytics, and Business Intelligence, Second Edition
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About Decision Support News

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