233x Filetype PPTX File size 1.21 MB Source: www.umanitoba.ca
Outline • MIS3510 focuses on IS for operations (TPS, MIS) • DSS for higher level decision making out of scope • DSS old and new (trendy) • Trendy DSS - Business Intelligence/Analytics • Conclusion MIS3510 - Travica * Trends in information systems for management 2 Focus of MIS 3510 on Operations • MIS 3510 has been mostly about information systems (IS) for operations support (transactions). These are Transaction Processing Systems (TPS) and Management Information Syste4ms (MIS) • Operations are important as they make 80% of organizational activities, carry out operations, and assist in short-term decision making (supervisory & mid-level management) Query output Decisions Databases Reports MIS3510 - Travica * Trends in information systems for management 3 MIS3510 - Travica * Tends in business information systems 4 DSS – Old and New • Decision Support Systems (DSS) support higher level management • Primary users are professionals (business analysts) on behalf of higher level managers (secondary users) • DSS went through technology stages Custom Model-driven Data-driven Analytics built (stats correlation/causal (data mining, with Big (math, stats, tests, what-if analysis, data warehouse Data fin) optimization, simulation) querying; 1960 1980 Biz Intelligence)2000 1950 1970 1990 Artificial AI evolution AI evolution intelligence (AI) (CBRS) (Machine (expert system, learning) ANN) 5 MIS3510 - Travica * Trends in information systems for management Business Intelligence based on Data Warehousing & Querying – System Architecture Data Cube Analysis: • Data cubing Decisions • Data mining 6 MIS3510 - Travica * Trends in information systems for management
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