ALSO CALLED: DSS (Decision Support Systems) and Decision Support DEFINITION: A decision support system (DSS) is a computer program application that analyzes business data and presents it so that users can make business decisions more easily. It is an "informational application" (to distinguish it from an "operational application" that collects the data in the course of normal
… Definition continues below.
WHITE PAPER: Posted: 10 May 2008 | Published: 10 May 2008
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Learn how the direction of the right executive within a company leads to the creation of a business intelligence (BI) system, enabling you to increase revenue and gain access to the information to make better business decisions.
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Decision-making is at the core of all business activity, as executives set strategy and manage operations by weighing a vast array of factors to arrive at the desired balance of risk and reward.
WHITE PAPER: Posted: 06 Mar 2008 | Published: 01 Jan 2007
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Nearly every aspect of an insurance organization can be improved through the use of models. Learn how leveraging a predictive model in your organization can allow you to increase customer satisfaction and improve decision making.
WHITE PAPER: Posted: 04 Mar 2008 | Published: 01 Jun 2007
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This white paper details the benefits associated with Enterprise Decision Management (EDM). Discover how to automate, improve and connect critical decisions for enhanced business performance.
WHITE PAPER: Posted: 30 Aug 2007 | Published: 01 Jan 2008
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Data warehouses are no longer just for reporting, analytics, or forecasting. Learn how you can provide continuous, real-time capture and delivery of the most recent changed data between OLTP systems and your data warehouse.
DECISION SUPPORT SYSTEMS DEFINITION (continued): … business operation).Typical information that a decision support application might gather and present would be:
Comparative sales figures between one week and the next
Projected revenue figures based on new product sales assumptions
The consequences of different decision alternatives, given past experience in a context that is described
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