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. Model-driven DSS.

Data mining 130

Data mining Data-driven Statistics OLAP 130

Rocket-Powered Data Science

JULY 19, 2023

I recently saw an informal online survey that asked users which types of data (tabular, text, images, or “other”) are being used in their organization’s analytics applications. This was not a scientific or statistically robust survey, so the results are not necessarily reliable, but they are interesting and provocative.

Data-driven 188

Data-driven Enterprise Analytics Machine Learning 188

CIO Business Intelligence

JUNE 28, 2022

For example, they may not be easy to apply or simple to comprehend but thanks to bench scientists and mathematicians alike, companies now have a range of logistical frameworks for analyzing data and coming to conclusions. More importantly, we also have statistical models that draw error bars that delineate the limits of our analysis.

Management 132

Management Internet of Things Statistics Data-driven 132

Sisense

OCTOBER 6, 2020

Most commonly, we think of data as numbers that show information such as sales figures, marketing data, payroll totals, financial statistics, and other data that can be counted and measured objectively. This is quantitative data. It’s “hard,” structured data that answers questions such as “how many?”

Statistics 98

Statistics Unstructured Data Data-driven Visualization 98