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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

A DSS supports the management, operations, and planning levels of an organization in making better decisions by assessing the significance of uncertainties and the tradeoffs involved in making one decision over another. Data-driven DSS. DSS software system. The number and types of models depend on the purpose of the DSS.

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Perform time series forecasting using Amazon Redshift ML and Amazon Forecast

AWS Big Data

Amazon Redshift is a fully managed, petabyte-scale data warehouse service in the cloud. Tens of thousands of customers use Amazon Redshift to process exabytes of data every day to power their analytics workloads. Forecasting acts as a planning tool to help enterprises prepare for the uncertainty that can occur in the future.

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Banking on mainframe-led digital transformation for financial services

IBM Big Data Hub

Banks have the most to gain if they succeed (and the most to lose if they fail) at bringing their mainframe application and data estates up to modern standards of cloud-like flexibility, agility and innovation to meet customer demand.

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Quantitative and Qualitative Data: A Vital Combination

Sisense

All descriptive statistics can be calculated using quantitative data. It’s analyzed through numerical comparisons and statistical inferences and is reported through statistical analyses. Consequently, using quantitative data, you can make strategic and tactical decisions that will benefit your organization and drive growth.

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New Thinking, Old Thinking and a Fairytale

Peter James Thomas

An obvious parallel in my world is to consider another business activity that reached peak popularity in the 2000s, Data Warehouse programmes [4]. Figures suggest that both BPR and Data Warehouse programmes have a failure rate of 60 – 70% [5]. King was a wise King, but now he was gripped with uncertainty.

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Two Birds, One Stone: How to Get Better AX Reporting and Prepare for Future D365 Migration Today

Jet Global

Although Microsoft’s rollout of its two ERP cloud products (D365 F&SCM, and for smaller businesses, D365 Business Central) has been going on for some time, the current climate of economic uncertainty has prompted a lot of companies to hit the pause button on migration, choosing instead to stay the course with their existing Dynamics AX systems.

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Bridging the Gap: How ‘Data in Place’ and ‘Data in Use’ Define Complete Data Observability

DataKitchen

Bridging the Gap: How ‘Data in Place’ and ‘Data in Use’ Define Complete Data Observability In a world where 97% of data engineers report burnout and crisis mode seems to be the default setting for data teams, a Zen-like calm feels like an unattainable dream.

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