Decision Support News
D. J. Power, Editor
June 24, 2018 Vol. 19, No. 13
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1) How does business analytics differ from data analytics?
2) Recent Decision Support News Headlines
3) Upcoming Decision Support Conferences/Call for Papers
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1) How does business analytics differ from data analytics?
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by Daniel J. Power
Editor, DSSResources.COM
Both business analytics and data analytics are relatively new terms in the business lexicon. Students and potential employers as well as faculty need to know how the terms differ and professors especially need to explore and specify the course work that should be completed for each area of specialty. Analytics and data are increasingly central to decision making in modern organizations. The increasing ease of gathering, storing and processing data has led to a highly varied and growing set of data for analysis in most organizations. Many employers want to hire people who can apply tools to analyze data and make sense of what analyses are needed and what the results mean.
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2) Recent Decision Support Headlines
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06/20/2018 Teradata files suit against SAP. Check release.
06/19/2018 GAC Motor upgrades best-selling GS4 to new smart SUV. Check release.
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3) Upcoming Decision Support Conferences
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1. AMCIS 2018 Digital Disruption August 16-18, 2018 New Orleans, LA Check https://amcis2018.aisnet.org/.
2. DSI 2018 Annual Meeting November 17 - 19, 2018 in Chicago, IL. Check http://dssresources.com/faq/index.php?action=artikel&id=415.
3. Call for Papers: Special issue Journal of Decision Systems on Cognitive Bias, Decision Styles and Risk Attitudes. Check release.
Order Daniel Power and Ciara Heavin's book: Decision Support, Analytics, and Business Intelligence, Third Edition, Click here
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New book: Power, D. and C. Heavin, Data-Based Decision Making And Digital Transformation, Business Expert Press, 2018 at URL Click here. EBook Price $19.95, Print Price $34.95, In Stock June 10, 2018.
Power & Heavin (2018) argue "Digital disruption is accelerating. Implementing a successful digital transformation strategy requires that senior managers make trade-off decisions to reinvent a business. Equally important all decision makers must learn to ask the right questions, use data and computer support in decision making, and increase their knowledge and skills. Creating a data-centric culture and rewarding data-based decision making leads to successful digital transformation."
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