ENABLING THE ORGANIZATION - DECISION MAKING
DECISION MAKING
- Model – a simplified representation or abstraction of reality
- IT systems in an enterprise
TRANSACTION PROCESSING SYSTEMS
- Moving up through the organizational pyramid users move from requiring transactional information to analytical information
DECISION SUPPORT SYSTEMS
- What-if analysis
- Goal-seeking analysis
- Interaction between a TPS and a DSS
EXECUTIVE INFORMATION SYSTEMS
- Interaction between a TPS and an EIS
- Digital dashboard – integrates information from multiple components and presents it in a unified display
ARTIFICIAL INTELLIGENCE (AI)
- The ultimate goal of AI is the ability to build a system that can mimic human intelligence
DATA MINING
- Data-mining software includes many forms of AI such as neural networks and expert systems
CLUSTER ANALYSIS
ASSOCIATION DETECTION
STATISTICAL ANALYSIS
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