Description
- Survey the literature from the past six months to find one application each of DSS, BI, and analytics. Summarize the applications on one page and submit it with the exact sources.
- Compare and contrast predictive analytics with prescriptive and descriptive analytics. Use examples.
- Go to teradatauniversitynetwork.com and find the paper titled “Data Warehousing Supports Corporate Strategy at First American Corporation” (by Watson, Wixom, and Goodhue). Read the paper, and answer the following questions:
- What were the drivers for the DW/BI project in the company?
- What strategic advantages were realized?
- What operational and tactical advantages were achieved?
- What were the critical success factors for the implementation?
Go to Stephen Few’s blog, “The Perceptual Edge” (perceptualedge.com). Go to the section of “Examples.” In this section, he provides critiques of various dashboard examples. Read a handful of these examples. Now go to dundas.com. Select the “Gallery” section of the site. Once there, click the “Digital Dashboard” selection. You will be shown a variety of different dashboard demos. Run a couple of the demos.
a. What sorts of information and metrics are shown on the demos? What sorts of actions can you take?
b. Using some of the basic concepts from Few’s critiques, describe some of the good design points and bad design points of the demos.
