DSS News
D. J. Power, Editor
September 16, 2012             Vol. 13, No. 18

In this issue

1) What is analytics?
2) Recent DSS News Headlines
3) Upcoming DSS Conferences/Call for Papers

1) What is analytics?

by Dan Power

Analytics refers to quantitative and statistical analysis of data. Analytic capabilities are important in both data-driven and model-driven DSS. Analysis using quantitative and statistical tools is the focus of ad hoc and routine special studies. Various sources identify three categories of analytics: 1) reporting, 2) prescriptive, and 3) predictive. Reporting summarizes data using descriptive statistics. Prescriptive analysis uses data to inform a recommendation for action. Prediction involves causal or correlational analysis.

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2) Recent DSS News Headlines

09/13/2012 MicroStrategy announces general availability of its latest business intelligence software platform, MicroStrategy 9.3. Check release.

09/12/2012 IBM redefines social business with the power of analytics. 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


Purchase Dan Power's Decision Support Basics
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Become a Business Expert Press author
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