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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. According to Gartner, the goal is to design, model, align, execute, monitor, and tune decision models and processes.

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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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Five Features to Seek When Shopping for a Scenario Modelling Tool

Jet Global

Organizations need the ability to efficiently plan for uncertainty and respond to these fluctuations in the market. What if modeling gives you the ability to not just have a plan A, but also to evaluate plan B, plan C, plan D, and more. The Right Software Can Make “What If” Modeling Easy. Get a Demo.

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MWC 2024 Replay: Huawei unlocks resilient, ‘non-stop’ banking with four-pronged solutions strategy

CIO Business Intelligence

Mr. Cao elaborated that it taps into large artificial intelligence (AI) models to visualise correlations as well as changes to networks, traffic and applications in real time. Meanwhile, under the third prong of zero trust, Huawei stated the need to build “multi-layer in-depth defense” to ensure service and data security.

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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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How can businesses prepare their workforce to have the digital skills of tomorrow’s AI-powered workplace?

CIO Business Intelligence

While the past few years have left us with a business landscape scarred by the impact of economic and geopolitical uncertainties, the current AI movement has become a rocket ship for significant transformative changes set to accelerate new opportunities.

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Powerful Video Summaries, Powered by AI

Timo Elliott

He explains that automation and innovation have become critical as the world experiences supply chain disruptions, inflation, extreme weather events, worker shortages, and uncertainty. One example is a company that uses AI and machine learning models to predict the impact of weather and external economic data on their business.