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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. They emphasize access to and manipulation of large databases of structured data, often a time-series of internal company data and sometimes external data.

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Glossary of Digital Terminology for Career Relevance

Rocket-Powered Data Science

Chatbots cannot hold long, continuing human interaction. Traditionally they are text-based but audio and pictures can also be used for interaction. They provide more like an FAQ (Frequently Asked Questions) type of an interaction. NLG is a software process that transforms structured data into human-language content.

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Fact or Fiction? Smart Data Visualization Tells the Tale

Smarten

If you are considering a Business Intelligence solution, you ought to give some consideration to the concept of Smart Data Visualization and review your prospective solution to determine its capabilities in that regard. How do users perceive and use data? How do formats and reporting affect a user’s understanding of data?

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Mastering Data Analysis Report and Dashboard

FineReport

As we explore examples of data analysis reports and interactive report data analysis dashboards, we embark on a journey to unravel the nuanced art of transforming raw data into meaningful narratives that empower decision-makers. The central question now is how to use data analysis to guide decision-making effectively.

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Turbocharging Target Identification: Ontotext’s AI-Powered Solution at Work

Ontotext

Recent statistics shed light on the realities in the world of current drug development: out of about 10,000 compounds that undergo clinical research, only 1 emerges successfully as an approved drug. The current process involves costly wet lab experiments, which are often performed multiple times to achieve statistically significant results.

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Big Data Ingestion: Parameters, Challenges, and Best Practices

datapine

Operations data: Data generated from a set of operations such as orders, online transactions, competitor analytics, sales data, point of sales data, pricing data, etc. The gigantic evolution of structured, unstructured, and semi-structured data is referred to as Big data.

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Data Visualization and Visual Analytics: Seeing the World of Data

Sisense

In a world increasingly dominated by data, users of all kinds are gathering, managing, visualizing, and analyzing data in a wide variety of ways. One of the downsides of the role that data now plays in the modern business world is that users can be overloaded with jargon and tech-speak, which can be overwhelming.