Thursday, March 21, 2013

What is Decision Support Systems (DSS)

Decision Support Systems (DSS) are a specific class of computerized information system that supports business and organizational decision-making activities. A properly designed DSS is an interactive software-based system intended to help decision makers compile useful information from raw data, documents, personal knowledge, and/or business models to identify and solve problems and make decisions.
Typical information that a decision support application might gather and present would be:
  • Accessing 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.
  • The consequences of different decision alternatives, given past experience in a context that is described.

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