Thursday, August 20, 2009

Decision Support System - DSS

A certain class of computerized information system which helps in decision making and planning activities of a company or an organization is known as Decision Support System (DSS). It is implemented more often in computer systems but not compulsory every time.

A well designed DSS is an interactive software-based system which processes the raw data, personal knowledge, business model along with facts and figures.

Typical information that a decision support application might gather and present would be:
  • inventory of all of your current information assets (including legacy and relational data sources, cubes, data warehouses, and data marts),
  • comparative sales figures between one week and the next,
  • projected revenue figures based on new product sales assumptions;
DSS (Decision support system) usually works with the help of certain kind of Business Intelligence Software or BI Applications.

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