Decision Support Systems

The following is a link to an article on decision support systems (DSS) and how it helps business achieve objectives:

http://www.informationbuilders.com/decision-support-systems-dss.html

Decision Support Systems 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.

The following are examples of useful information that a decision support application might gather and present:

• Accessing all current information assets, including legacy and relational data sources, 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