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Intelligence Density
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Author(s): David Sundaram (The University of Auckland, New Zealand)and Victor Portougal (The University of Auckland, New Zealand)
Copyright: 2005
Pages: 4
Source title:
Encyclopedia of Data Warehousing and Mining
Source Author(s)/Editor(s): John Wang (Montclair State University, USA)
DOI: 10.4018/978-1-59140-557-3.ch119
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Abstract
The amount of information that decision makers have to process has been increasing at a tremendous pace. A few years ago it was suggested that information in the world was doubling every 16 months. The very volume has prevented this information from being used effectively. Another problem that compounds the situation is the fact that the information is neither easily accessible nor available in an integrated manner. This has led to the oft-quoted comment that though computers have promised a fount of wisdom they have swamped us with a flood of data. Decision Support Systems (DSS) and related decision support tools like data warehousing and data mining have been used to glean actionable information and nuggets from this flood of data.
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