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What are decision support systems? Sifting data for better business decisions

CIO

The concept of DSS grew out of research conducted at the Carnegie Institute of Technology in the 1950s and 1960s, but really took root in the enterprise in the 1980s in the form of executive information systems (EIS), group decision support systems (GDSS), and organizational decision support systems (ODSS). Document-driven DSS.

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What is data analytics? Analyzing and managing data for decisions

CIO

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

Analytics 334
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Innovative Manufacturers are Investing in these Advanced Technologies

CIO

Here’s how edge computing works: a percentage of storage and compute resources move closer to the source of the data and away from the data center. This allows teams to receive and review business intelligence and make changes in near-real-time rather than waiting hours or days to glean insights from data. [2] IT Leadership.

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6 tips for making the most of a tight IT budget

CIO

on average for 2023, research firm Gartner points to a projected 6.5% For the freight transportation company, business intelligence (BI) is one area where IT can have a top-line impact. “We What storage do we have?’ The year 2023 seems to be no different. Despite an estimated increase to IT budgets of 5.1%

Budget 344
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Data Lake vs Data Warehouse

The Crazy Programmer

Choosing the right data storage solution will depend greatly on how the data is going to be used. Here are some examples: Healthcare: Data lakes help healthcare organizations to comply with regulations on data storage and privacy. In this case, organizations retain the data for a long time to help future research.

Data 162
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Leaning into Retail’s Challenges with Digital Transformation

CIO

They’ve embraced the on-demand mentality of being able to research products online, order from their couches and, if necessary, do in-store pickups without having to stand in line. Untangling Their ‘Spaghetti Architectures’ Retailers have long used back-end technologies to run specific aspects of their business.

Retail 343
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What is data governance? Best practices for managing data assets

CIO

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.