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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. Model-driven DSS.

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

The credit scores generated by the predictive model are then used to approve or deny credit cards or loans to customers. Consider all customer interactions and their data sources as potential sources for predicting future customer behavior. Add the predictive logic to the data model. Accounts in use.

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Create an end-to-end data strategy for Customer 360 on AWS

AWS Big Data

Customer 360 (C360) provides a complete and unified view of a customer’s interactions and behavior across all touchpoints and channels. This view is used to identify patterns and trends in customer behavior, which can inform data-driven decisions to improve business outcomes. Then, you transform this data into a concise format.

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Data Visualization and Visual Analytics: Seeing the World of Data

Sisense

The role of visualizations in analytics. Data visualization can either be static or interactive. Interactive visualizations enable users to drill down into data and extract and examine various views of the same dataset, selecting specific data points that they want to see in a visualized format.

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The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

Where does the Data Architect role fits in the Operational Model ? Assuming a data architect helps model and guide and assist D&A then they play a key role. This would be part of a Data Literacy program. Decision modeling (one of my favorites). Link Data to Business Outcomes. Fusion teams.

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What Is Data Intelligence?

Alation

Supplier metadata: Important for data acquired from external sources, it includes details about those sources, and subscription or licensing constraints. Source: Introduction to Data Catalogs by Dave Wells. Finally, data catalogs leverage behavioral metadata to glean insights into how humans interact with data.

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What Is Embedded Analytics?

Jet Global

This is in contrast to traditional BI, which extracts insight from data outside of the app. As rich, data-driven user experiences are increasingly intertwined with our daily lives, end users are demanding new standards for how they interact with their business data. Yes—but basic dashboards won’t be enough.