{"id":66109,"date":"2023-09-27T19:18:00","date_gmt":"2023-09-27T19:18:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=66109"},"modified":"2023-10-18T22:27:55","modified_gmt":"2023-10-18T22:27:55","slug":"decision-support-systems-and-software","status":"publish","type":"post","link":"https:\/\/businessyield.com\/technology\/decision-support-systems-and-software\/","title":{"rendered":"DECISION SUPPORT SYSTEMS AND SOFTWARE: Definitions and Examples","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

A competent decision support system aids decision-makers in compiling various sorts of data they receive from numerous sources, including documents, raw data, management, business models, and employee first-hand experience. Multiple disciplines can benefit from using decision support system software. including engineering, agriculture, and rail project bid evaluation, as well as the verification of credit loan information, medical diagnosis, business management, and bid evaluation. Stay with me as I walk you through decision support systems software.<\/p>

Decision Support Systems<\/span><\/h2>

An information system called a decision support system (DSS) helps a corporation make decisions that call for judgment, determination, and a series of actions. By analyzing massive amounts of unstructured data and gathering data that might aid in issue-solving and decision-making, the information system supports the mid and high-level management of a company. <\/p>

Again, a DSS can be manually operated, automatically operated, or both. A decision support system uses analytical models to analyze summary data, exceptions, patterns, and trends. An aid to decision-making, a decision-support system does not always provide a decision. To identify problems, find solutions, and make judgments, the decision-makers assemble relevant information from raw data, papers, personal expertise, and\/or business models.<\/p>

Utilizing a DSS is mostly done to provide customers with information in an understandable fashion. A decision support system’s value lies in the fact that it may be set to produce different kinds of reports depending on what the user needs. For instance, the DSS can produce data and display that data graphically, such as a bar chart that shows predicted revenue, or in the form of a written report.<\/p>

Data analysis is no longer restricted to big, heavy mainframe computers as technology advances. Since a DSS is essentially an application, you can install it on most desktop and laptop computers. A few decision support systems applications are also accessible on mobile platforms. Users who travel frequently benefit greatly from the decision support systems’ flexibility. They have the chance to stay informed at all times thanks to this, giving them the capacity to choose the best course of action for their business and clients when they’re on the go or even right away.<\/p>

Characteristics of a Decision Support System <\/span><\/h2>