Decision Support News
D. J. Power, Editor
August 19, 2018 Vol. 19, No. 17
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1) How does the Internet of Things (IoT) support decision making?
2) Recent Decision Support News Headlines
3) Upcoming Decision Support Conferences/Call for Papers
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1) How does the Internet of Things (IoT) support decision making?
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by Daniel J. Power
Editor, DSSResources.COM
Supporting decision making is broadening in its scope and in available capabilities. According to Power and Heavin (2018), the Internet of Things (IoT) refers to "computing or 'smart' devices often with sensor capability and the ability to collect, share, and transfer data using the Internet" (p. 80). Computing devices embedded in objects, people and things that can send, process, and receive data and instructions connected primarily using wireless technology will be the network of persistent, highly available computing devices currently called the Internet of Things (IoT). IoT is an integrated communications, decision and operations system that can support shared decision making with a wide range of decision support and analysis tools.
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2) Recent Decision Support Headlines
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08/16/2018 VoltDB introduces World's fastest data platform for 5G expansion. Check release.
08/14/2018 DATUM and Zaloni partner to provide customers data value from big data to big enterprise. Check release.
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3) Upcoming Decision Support Conferences
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1. DSI 2018 Annual Meeting November 17-19, 2018 in Chicago, IL. Check http://dssresources.com/faq/index.php?action=artikel&id=415.
2. 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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