Decision Support News
D. J. Power, Editor
June 9, 2013             Vol. 14, No. 12

In this issue

1) What is data mining and how is it related to DSS?
2) Recent DSS News Headlines
3) Upcoming Decision Support Conferences/Call for Papers

1) What is data mining and how is it related to DSS?

by Daniel Power

Data mining is one of the IS/DSS buzzwords of the 1990s. Academics tend to use the related terms Knowledge Discovery and Intelligent Decision Support Methods (Dhar and Stein, 1997) or more derogatory terms like data surfing or data dredging. In general, data mining is "a class of analytical applications that help analysts and managers search for patterns in a data base". Both data mining and knowledge discovery can be considered as both a process and as a set of tools.

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The is a legacy column republished because of the ongoing debate about the NSA Prism program. PRISM stands for "Planning Tool for Resource Integration, Synchronization, and Management," and is a "data tool" designed to collect and process "foreign intelligence" that passes through American servers. Please cite this column as: Power, D., What is data mining and how is it related to DSS? DSS News, Vol. 2, No. 25, December 2, 2001.

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2) Recent DSS News Headlines

06/06/2013 Seattle Children's Hospital chooses IBM big data technology for faster, more accurate diagnoses. Check release.

06/04/2013 Kalotay Analytics and Delphx partner to provide fixed income values and risk measures in real-time. Check release.

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

1. Call for papers due August 29, 2013: Workshop "Reshaping Society through Analytics, Collaboration, and Decision Support" December 15, 2013 in Milan, Click here

2. DSI Annual meeting, Baltimore, Click here

3. Call for papers: HICSS-47 Track on Decision Analytics due June 15, 2013 Click here

4. INFORMS Conference on Information Systems and Technology Oct. 5-6. Click here


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