Article: Decision support systems definition

Open Decision-Support, Open Source

Decision support systems definition

A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS supports the management, operations, and planning levels of an organization in making better decisions by assessing the significance of uncertainties and the tradeoffs involved in making one decision over another.

A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. The data sources used by a DSS could include relational data sources, cubes, data warehouses, electronic health records (EHRs), revenue projections, sales projections, and more.

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Article: Five Decision Support System Examples You Need to Know

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Five Decision Support System Examples You Need to Know

Although many hold the view that decision support systems (DSS) are a relatively new phenomenon, the truth is they have been around for a long time. In fact, it could be said that anything which provides rational, measurable and scientific data to help leaders make informed decisions is a DSS.

Decision support system examples include manual systems, hybrid systems, all types of analytics as well as sophisticated decision support software. A factor that distinguishes newer computer-based systems from early decision support systems is their ability to analyze extremely large data sets, providing data-driven recommendations that take the guesswork out of decision-making.

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