Decision Support News
D. J. Power, Editor
August 5, 2018 Vol. 19, No. 16
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1) How do data storage strategies differ among uses?
2) Recent Decision Support News Headlines
3) Upcoming Decision Support Conferences/Call for Papers
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1) How do data storage strategies differ among uses?
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by Daniel J. Power
Editor, DSSResources.COM
Everything that happens is being digitized. Customers are data, processes are data, supply chains are data, employees are data, things generate and use data. Digital disruption caused by emerging digital technologies and innovative business models is changing how organizations, managers and other people act and function. Until recently, data was stored for two primary purposes, processing transactions and providing decision support. Now real-time data, unstructured data, business rules, and other current and historical data is processed and stored for other purposes including automating and recommending decisions. For many years, database designers and data modelers made various assumptions related to the purpose for data storage that involved answers to three questions. The answers are changing and evolving and more questions must be asked, considered and answered.
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2) Recent Decision Support Headlines
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08/02/2018 Reach Analytics hits major data milestone with self-service predictive marketing cloud. Check release.
08/01/2018 Case Study: Infotools and Orange take a customer-first approach to data insights. 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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