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

CIO Business Intelligence

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. Decision support systems vs. business intelligence DSS and business intelligence (BI) are often conflated. Forecasting models.

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New CIO appointments in India, 2022

CIO Business Intelligence

March 2022. February 2022. January 2022. In his new role, Ramamoorthy will lead technology and digital transformation for the bank, as well as be responsible for modern technologies such as APIs, AI and machine learning, and business intelligence. Write to us if you have news to share. Amit Goel joins Blox as CTO.

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Trakstar unlocks new analytical opportunities for its HR customers with Amazon QuickSight

AWS Big Data

In 2022, Trakstar launched what is now called Trakstar Insights, which unlocks new analytical insights for HR across the employee life cycle. It’s powered by Amazon QuickSight , a cloud-native business intelligence (BI) tool that enables embedded customized, interactive visuals and dashboards within the product experience.

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Nvidia speeds AI, climate modeling

CIO Business Intelligence

At GTC 2022, the company announced new tools for building digital twins for scientific and engineering applications. FourCastNet (named for the Fourier neural operators used in its calculations) is a weather forecasting tool trained on 10 terabytes of data. It’s at the high end of that range that Nvidia plays. Accelerated learning.

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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. Regardless of your company’s investment posture during this period of instability, interactions with the CFO have likely increased and become more consequential in the last few months.

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Chipotle’s recipe for digital transformation: Cloud plus AI

CIO Business Intelligence

Removing the physical speaker box on site was a simple concept but a key part of a bigger digital transformation Chipotle kicked off in 2018 that led to an explosion in business, in large part because the digital ordering system required less human labor during the pandemic. Chipotle’s digital business in 2022 was $3.5

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Better, faster decisions: Why businesses thrive on real-time data

CIO Business Intelligence

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. Business Intelligence