A Knowledge Management Framework for Expert Decision Making Essay

A Knowledge Management Framework for Expert Decision Making - Essay Exampletructured analytics provides a secretary of coordinate entropy in the form of presentable reports and charts which facilitates easy decision making .Off late organizations use variety of tools and methods to perform analysis on structured data as per their requirements in variant fields like finance , supply chain management , forecasting etcData is acquirable for an organization from various unstructured sources like emails, web sites, news articles, government notices, pre existing company records etc. Though data available from these sources are useful they are randomly organized and hence it becomes very difficult for various stake holders to understand and take a well informed decision. In order to organize the available unorganized data organizations make use of In dression Technology for data structuring which can be defined asAs a specialized format for organizing and storing data. General data s tructure types include the array, the file, the record, the table, the tree, and so on. Any data structure is designed to organize data to suit a specific aspiration so that it can be accessed and worked with in appropriate ways. In computer programming, a data structure may be selected or designed to reposition data for the purpose of working on it with various algorithms.Data once structured are utilise for creating reports and charts through IT applications / tools which mine the available structured data as per users requirement. These IT applications / tools are very user friendly and customizable.In modern days business, structured analytics is utilized in mental synthesis domain specific tools which applies domain specific formulas and calculations over voluminous data which is either pre existing or acquired over runtime. Some of the prominent and generic analytics tools used are stock trend charts, web site hit ratio analytics, foreign exchange charts etc. These tools p rovide customized looks ups, charts, statistical forecasts, etc. The core maturement of