Decision Support News
D. J. Power, Editor
August 2, 2020 Vol. 21, No. 16
Inaugural newsletter issue was May 10, 2000, this is issue 526.
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1) What is the role of people in machine learning?
2) Recent Decision Support News Headlines
3) Upcoming Decision Support Conferences/Call for Papers
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1) What is the role of people in machine learning?
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by Daniel J. Power
Many tools exist for modeling data using machine learning (ML). The tools have been automated and the desire for "easy to use" software is now a reality for complex statistical analysis. Machine learning (ML) is still evolving, but in general computer programs access data and with or without human supervision a model is developed and with additional data the "learning" and model refinement continues. The key idea behind ML is that it is possible to create algorithms that learn from and make predictions using data (Furbish, 2018). Machine learning algorithms use historical data as input to predict new output values.
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2) Recent Decision Support Headlines
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07/30/2020 Qwinix collaborates with Looker to empower digital transformation. Check release.
07/29/2020 KPMG Survey: American consumers want more control, visibility into how companies use their personal data. Check release.
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3) Upcoming Decision Support Conferences
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1. AMCIS 2020 SIGDSA, August 12-16, 2020, Salt Lake City, Utah is going Virtual! Check the website.
2. ICIS 2020 is Going Virtual on December 13-16, 2020, with pre-ICIS events beginning on December 12. Check the website at URL https://icis2020.aisconferences.org/
3. Call for articles Journal of Business Analytics, an official journal of the Operational Research Society. The journal serves the emerging and rapidly growing community of business analytics both in academia and industry. Check https://www.tandfonline.com/toc/tjba20/current.
Order Daniel Power and Ciara Heavin's book: Decision Support, Analytics, and Business Intelligence, Third Edition, Click here
Become a Business Expert Press author
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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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