Upgrading the business intelligence system by implementing the decision tree model in the R software package

4Citations
Citations of this article
31Readers
Mendeley users who have this article in their library.

Abstract

Business Intelligence is the key and basis of a modern understanding of management. The organizations that are able to manage their data resources, information and knowledge are more successful and competitive than the others. These organizations, as a rule, rely on modern strategic management concepts and develop business intelligence systems. Certain changes have taken place in the world of research in recent years, and open-source software packages are now most commonly used for statistical surveys. The R package in particular is gradually becoming the dominant platform for companies that are unable to spend too much on software. The R package has gathered a huge community of enthusiasts who are constantly building upon the latest developments in statistics and data mining at no cost to the end user. The main problem related to this approach lies in the data sources, because the R package is not able to store large amounts of data, as it was designed for data analysis and the respective data is mostly stored on other platforms. The aim of this paper is to find a common solution and correlation between BI, which is based on data warehouses and programs for statistical data processing, and the open-source R package on the other hand in order to obtain timely information in the shortest possible time, according to different criteria, by applying the decision tree model. Decision makers will be able to use the proposed solution to make decisions with confidence even if they don't possess the pertinent IT knowledge.

References Powered by Scopus

A Survey of Decision Tree Classifier Methodology

3072Citations
N/AReaders
Get full text

Profit driven decision trees for churn prediction

99Citations
N/AReaders
Get full text

DW 2.0: The Architecture for the Next Generation of Data Warehousing

77Citations
N/AReaders
Get full text

Cited by Powered by Scopus

Increasing the Effectivity of Business Intelligence Tools via Amplified Data Knowledge

8Citations
N/AReaders
Get full text

Applying a Probabilistic Network Method to Solve Business-Related Few-Shot Classification Problems

3Citations
N/AReaders
Get full text

Research on Intellectual Dichotomiser 3 Decision Tree Algorithm Model for Financial Analysis of Colleges and Universities

2Citations
N/AReaders
Get full text

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Cite

CITATION STYLE

APA

Atanasijevic, J., & Milosevic, D. (2020). Upgrading the business intelligence system by implementing the decision tree model in the R software package. Studies in Informatics and Control, 29(2), 243–254. https://doi.org/10.24846/V29I2Y202009

Readers' Seniority

Tooltip

PhD / Post grad / Masters / Doc 4

57%

Lecturer / Post doc 2

29%

Researcher 1

14%

Readers' Discipline

Tooltip

Engineering 3

38%

Business, Management and Accounting 3

38%

Decision Sciences 1

13%

Computer Science 1

13%

Save time finding and organizing research with Mendeley

Sign up for free