CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. TIBCO Spotfire.

Data mining 144

Data mining Data-driven Statistics OLAP 144

CIO Business Intelligence

MARCH 14, 2022

Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”. This acknowledges that the purpose of measurement is to reduce uncertainty. And the purpose of reducing uncertainty is to make better decisions. The customer is frustrated, and the business loses revenue.

Uncertainty 105

Uncertainty Measurement Cost-Benefit Optimization 105

Domino Data Lab

JULY 22, 2019

You know, case in point, if you were to talk about predictive analytics 20 years ago, the main people in the field would have laughed you out of the room. Predictive analytics, yeah, not so much.” Along with your database servers, you had, data warehousing and business intelligence.

Data Science 109

Data Science Machine Learning Data Governance Modeling 109