from DSSResources.com

DSS News
D. J. Power, Editor
August 19, 2012             Vol. 13, No. 16


In this issue

1) What should managers know about predictive analytics and model-driven decision support?
2) Recent DSS News Headlines
3) Upcoming DSS Conferences/Call for Papers


1) 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 however important knowledge gaps about how to implement analytics and especially predictive analytics and model-driven decision support. In general, analytics refers to quantitative analysis of data. Analytics may be part of a data-driven or a model-driven DSS. Predictive analytics is about using models for predicting behavior or results. Predictive analytics can help managers make choices and develop competitive actions.

Continue reading at http://dssresources.com/faq/index.php?action=artikel&id=246

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2) Recent DSS News Headlines

08/16/2012 Health Clinic improves chronic care with Pentaho Business Analytics. Check release.

08/16/2012 IBM and Singapore Economic Development Board collaborate to launch analytics-based supply chain center. Check release.

3) Upcoming DSS Conferences/Call for Papers

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

2. Call for papers: BI Congress 3 in Orlando, FL, Dec. 15 and 16, 2012. Click here

3. Sentiment Analysis symposium in San Francisco, Oct. 30, 2012. Click here

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