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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. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions.

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Data Modeling 301 for the cloud: data lake and NoSQL data modeling and design

erwin

For NoSQL, data lakes, and data lake houses—data modeling of both structured and unstructured data is somewhat novel and thorny. This blog is an introduction to some advanced NoSQL and data lake database design techniques (while avoiding common pitfalls) is noteworthy. A sample data warehousing project.

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Data Modeling 201 for the cloud: designing databases for data warehouses

erwin

Designing databases for data warehouses or data marts is intrinsically much different than designing for traditional OLTP systems. Accordingly, data modelers must embrace some new tricks when designing data warehouses and data marts. Figure 1: Pricing for a 4 TB data warehouse in AWS. Data Modeling.

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Time to Act: Key Considerations When Leaving the Legacy Behind

Jedox

In a recent web survey conducted by Jedox, 40% of FP&A professionals reported that disconnected data sources are their primary pain point for their data analytics. A modern planning solution should enable seamless connection of your data sources and allow your organization to minimize reliance on your in-house IT department.

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How OLAP and AI can enable better business

IBM Big Data Hub

Online analytical processing (OLAP) database systems and artificial intelligence (AI) complement each other and can help enhance data analysis and decision-making when used in tandem. As AI techniques continue to evolve, innovative applications in the OLAP domain are anticipated.

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RDF-Star: Metadata Complexity Simplified

Ontotext

And yeah, the real-world relationships among the entities represented in the data had to be fudged a bit to fit in the counterintuitive model of tabular data, but, in trade, you get reliability and speed. Ironically, relational databases only imply relationships between data points by whatever row or column they exist in.

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What Role Does Data Mining Play for Business Intelligence?

Jet Global

The path to doing so begins with the quality and volume of data they are able to collect. But data alone is not the answer—without a means to interact with the data and extract meaningful insight, it’s essentially useless. Let’s introduce the concept of data mining. Toiling Away in the Data Mines.