Cognition-Driven Decision Support for Business Intelligence

Cognition-Driven Decision Support for Business Intelligence PDF Author: Li Niu
Publisher: Springer Science & Business Media
ISBN: 3642032079
Category : Mathematics
Languages : en
Pages : 240

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Book Description
Cognition-driven decision support system (DSS) has been recognized as a paradigm in the research and development of business intelligence (BI). Cognitive decision support aims to help managers in their decision making from human cognitive aspects, such as thinking, sensing, understanding and predicting, and fully reuse their experience. Among these cognitive aspects, decision makers’ situation awareness (SA) and mental models are considered to be two important prerequisites for decision making, particularly in ill-structured and dynamic decision situations with uncertainties, time pressure and high personal stake. In today’s business domain, decision making is becoming increasingly complex. To make a successful decision, managers’ SA about their business environments becomes a critical factor. This book presents theoretical models as well practical techniques of cognitiondriven DSS. It first introduces some important concepts of cognition orientation in decision making process and some techniques in related research areas including DSS, data warehouse and BI, offering readers a preliminary for moving forward in this book. It then proposes a cognition-driven decision process (CDDP) model which incorporates SA and experience (mental models) as its central components. The goal of the CDDP model is to facilitate cognitive decision support to managers on the basis of BI systems. It also presents relevant techniques developed to support the implementation of the CDDP model in a BI environment. Key issues addressed of a typical business decision cycle in the CDDP model include: natural language interface for a manager’s SA input, extraction of SA semantics, construction of data warehouse queries based on the manger’s SA and experience, situation information retrieval from data warehouse, how the manager perceives situation information and update SA, how the manager’s SA leads to a final decision. Finally, a cognition-driven DSS, FACETS, and two illustrative applications of this system are discussed.

Cognition-Driven Decision Support for Business Intelligence

Cognition-Driven Decision Support for Business Intelligence PDF Author: Li Niu
Publisher: Springer Science & Business Media
ISBN: 3642032079
Category : Mathematics
Languages : en
Pages : 240

Get Book

Book Description
Cognition-driven decision support system (DSS) has been recognized as a paradigm in the research and development of business intelligence (BI). Cognitive decision support aims to help managers in their decision making from human cognitive aspects, such as thinking, sensing, understanding and predicting, and fully reuse their experience. Among these cognitive aspects, decision makers’ situation awareness (SA) and mental models are considered to be two important prerequisites for decision making, particularly in ill-structured and dynamic decision situations with uncertainties, time pressure and high personal stake. In today’s business domain, decision making is becoming increasingly complex. To make a successful decision, managers’ SA about their business environments becomes a critical factor. This book presents theoretical models as well practical techniques of cognitiondriven DSS. It first introduces some important concepts of cognition orientation in decision making process and some techniques in related research areas including DSS, data warehouse and BI, offering readers a preliminary for moving forward in this book. It then proposes a cognition-driven decision process (CDDP) model which incorporates SA and experience (mental models) as its central components. The goal of the CDDP model is to facilitate cognitive decision support to managers on the basis of BI systems. It also presents relevant techniques developed to support the implementation of the CDDP model in a BI environment. Key issues addressed of a typical business decision cycle in the CDDP model include: natural language interface for a manager’s SA input, extraction of SA semantics, construction of data warehouse queries based on the manger’s SA and experience, situation information retrieval from data warehouse, how the manager perceives situation information and update SA, how the manager’s SA leads to a final decision. Finally, a cognition-driven DSS, FACETS, and two illustrative applications of this system are discussed.

Intelligent Decision and Policy Making Support Systems

Intelligent Decision and Policy Making Support Systems PDF Author: Da Ruan
Publisher: Springer Science & Business Media
ISBN: 3540783067
Category : Computers
Languages : en
Pages : 320

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Book Description
This edited book reports recent research results and provides a state-of-the-art on intelligent decision support systems applications, lessons learned and future research directions. The book covers a balanced mixture of theory and practice, including new methods and developments of intelligent decision support systems applications in Society and Policy Support. Its main objective is to gather a peer-reviewed collection of high quality contributions in the relevant topic areas.

Evidence-Based Decision-Making

Evidence-Based Decision-Making PDF Author: Andrew D. Banasiewicz
Publisher: Routledge
ISBN: 1351050052
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
Evidence-Based Decision-Making: How to Leverage Available Data and Avoid Cognitive Biases examines how a wide range of factual evidence, primarily derived from a variety of data available to organizations, can be used to improve the quality of business decision-making, by helping decision makers circumvent the various cognitive biases that adversely impact how we all think. The book is built on the following premise: During the past decade, the new ‘data world’ emerged, in which the rush to develop competencies around business analytics and data science can be characterized as nothing less than the new commercial arms race. The ever-expanding volume and variety of data are well known, as are the great advances in data processing/analytics, data visualization, and related information production-focused capabilities. Yet, comparatively little effort has been devoted to how the informational products of business analytics and data science are ‘consumed’ or used in the organizational decision-making processes, as the available evidence shows that only some of that information is used to drive some business decisions some of the time. Evidence-Based Decision-Making details an explicit process describing how the universe of available and applicable evidence, which includes organizational and other data, industry benchmarks, scientific studies, and professional experience, can be assessed, amalgamated, and funneled into an objective driver of key business decisions. Introducing key concepts in relation to data and evidence, and the history of evidence-based management, this new and extremely topical book will be essential reading for researchers and students of data analytics as well as those working in the private and public sectors, and in the voluntary sector.

Digital Transformation, Strategic Resilience, Cyber Security and Risk Management

Digital Transformation, Strategic Resilience, Cyber Security and Risk Management PDF Author: Kiran Sood
Publisher: Emerald Group Publishing
ISBN: 1837970106
Category : Business & Economics
Languages : en
Pages : 195

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Book Description
Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance.

Applying Business Intelligence Initiatives in Healthcare and Organizational Settings

Applying Business Intelligence Initiatives in Healthcare and Organizational Settings PDF Author: Miah, Shah J.
Publisher: IGI Global
ISBN: 1522557199
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Data analysis is an important part of modern business administration, as efficient compilation of information allows managers and business leaders to make the best decisions for the financial solvency of their organizations. Understanding the use of analytics, reporting, and data mining in everyday business environments is imperative to the success of modern businesses. Applying Business Intelligence Initiatives in Healthcare and Organizational Settings incorporates emerging concepts, methods, models, and relevant applications of business intelligence systems within problem contexts of healthcare and other organizational boundaries. Featuring coverage on a broad range of topics such as rise of embedded analytics, competitive advantage, and strategic capability, this book is ideally designed for business analysts, investors, corporate managers, and entrepreneurs seeking to advance their understanding and practice of business intelligence.

On the Move to Meaningful Internet Systems: OTM 2013 Conferences

On the Move to Meaningful Internet Systems: OTM 2013 Conferences PDF Author: Robert Meersman
Publisher: Springer
ISBN: 3642410308
Category : Computers
Languages : en
Pages : 775

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Book Description
This volume constitutes the refereed proceedings of the confederated international conferences: Cooperative Information Systems (CoopIS 2013), Distributed Objects and Applications (DOA-Trusted Cloud 2013), and Ontologies, Data Bases and Applications of SEmantics (ODBASE 2013) held as part of OTM 2013 in September 2013 in Graz, Austria. The 47 revised full papers presented together with 6 short papers and 5 keynotes were carefully reviewed and selected from a total of 137 submissions. The papers are organized in topical sections on business process management; process modelling; service management; social networking; models and schemas; technical advances in cloud computing; towards trusted cloud computing; privacy for the cloud; querying and mining semantic information; semantic matching and mapping; semantic information management; semantics in use.

Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering

Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering PDF Author: Management Association, Information Resources
Publisher: IGI Global
ISBN: 1799890244
Category : Business & Economics
Languages : en
Pages : 1538

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Book Description
Decision support systems (DSS) are widely touted for their effectiveness in aiding decision making, particularly across a wide and diverse range of industries including healthcare, business, and engineering applications. The concepts, principles, and theories of enhanced decision making are essential points of research as well as the exact methods, tools, and technologies being implemented in these industries. From both a standpoint of DSS interfaces, namely the design and development of these technologies, along with the implementations, including experiences and utilization of these tools, one can get a better sense of how exactly DSS has changed the face of decision making and management in multi-industry applications. Furthermore, the evaluation of the impact of these technologies is essential in moving forward in the future. The Research Anthology on Decision Support Systems and Decision Management in Healthcare, Business, and Engineering explores how decision support systems have been developed and implemented across diverse industries through perspectives on the technology, the utilizations of these tools, and from a decision management standpoint. The chapters will cover not only the interfaces, implementations, and functionality of these tools, but also the overall impacts they have had on the specific industries mentioned. This book also evaluates the effectiveness along with benefits and challenges of using DSS as well as the outlook for the future. This book is ideal for decision makers, IT consultants and specialists, software developers, design professionals, academicians, policymakers, researchers, professionals, and students interested in how DSS is being used in different industries.

Neural Information Processing

Neural Information Processing PDF Author: Tingwen Huang
Publisher: Springer
ISBN: 364234481X
Category : Computers
Languages : en
Pages : 712

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Book Description
The five volume set LNCS 7663, LNCS 7664, LNCS 7665, LNCS 7666 and LNCS 7667 constitutes the proceedings of the 19th International Conference on Neural Information Processing, ICONIP 2012, held in Doha, Qatar, in November 2012. The 423 regular session papers presented were carefully reviewed and selected from numerous submissions. These papers cover all major topics of theoretical research, empirical study and applications of neural information processing research. The 5 volumes represent 5 topical sections containing articles on theoretical analysis, neural modeling, algorithms, applications, as well as simulation and synthesis.

Encyclopedia of Data Science and Machine Learning

Encyclopedia of Data Science and Machine Learning PDF Author: Wang, John
Publisher: IGI Global
ISBN: 1799892212
Category : Computers
Languages : en
Pages : 3296

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Book Description
Big data and machine learning are driving the Fourth Industrial Revolution. With the age of big data upon us, we risk drowning in a flood of digital data. Big data has now become a critical part of both the business world and daily life, as the synthesis and synergy of machine learning and big data has enormous potential. Big data and machine learning are projected to not only maximize citizen wealth, but also promote societal health. As big data continues to evolve and the demand for professionals in the field increases, access to the most current information about the concepts, issues, trends, and technologies in this interdisciplinary area is needed. The Encyclopedia of Data Science and Machine Learning examines current, state-of-the-art research in the areas of data science, machine learning, data mining, and more. It provides an international forum for experts within these fields to advance the knowledge and practice in all facets of big data and machine learning, emphasizing emerging theories, principals, models, processes, and applications to inspire and circulate innovative findings into research, business, and communities. Covering topics such as benefit management, recommendation system analysis, and global software development, this expansive reference provides a dynamic resource for data scientists, data analysts, computer scientists, technical managers, corporate executives, students and educators of higher education, government officials, researchers, and academicians.

Research Anthology on Small Business Strategies for Success and Survival

Research Anthology on Small Business Strategies for Success and Survival PDF Author: Management Association, Information Resources
Publisher: IGI Global
ISBN: 1799891569
Category : Business & Economics
Languages : en
Pages : 1496

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Book Description
Running a small business provides opportunity for greater success, increased growth, and potentially the chance to move to the global business arena, yet also much more risk. Small businesses not only have less employment, but also less annual revenue than a regular-sized business. With the growth of large corporations and chain businesses, it has become harder to maintain the survival of a small business. The COVID-19 pandemic has also brought more pressure onto the already unsteady survival of small businesses, due to forced closures, decreased agility, fewer technological innovations, and smaller customer bases. The Research Anthology on Small Business Strategies for Success and Survival offers current strategies for small businesses that can be utilized in order to maintain equal footing during challenging times. With the proper strategies available to small business owners, small businesses could not only survive, but also excel despite the environment that surrounds them. Covering topics including decision management, new supportive technologies, sustainable development, and micro-financing, this text is ideal for small business owners, entrepreneurs, startup companies, family-owned and operated businesses, restaurateurs, local retailers, managers, executives, academicians, researchers, and students.