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What is Analytical Software

Handbook of Research on Socio-Technical Design and Social Networking Systems
software that: 1) allows data sets to be manipulated, 2) performs statistical and quantitative analysis, 3) creates and exports exploratory and predictive models and 4) delivers output that can be used to drive decisions and actions.
Published in Chapter:
A Framework for Using Analytics to Make Decisions
Paul J. Bracewell (Offlode Ltd., New Zealand)
DOI: 10.4018/978-1-60566-264-0.ch018
Abstract
Analytics provides evidence for objective corporate decision-making. Lack of understanding of analytical techniques can create confusion amongst decision-makers. Confusion generates mistrust which leads to the exclusion of analytics from the decision-making process. Confusion is avoided by ensuring that results are justified. This requires that the analytical process is auditable. Aligning technological design and deployment with human roles creates the necessary framework for auditability. This is achieved with four analytical technology components: data manipulation, statistical and quantitative analysis, creation, and export of exploratory and predictive models, and delivery of output. These components correspond with key stages and phases of collaboration in the analytical process. Describing the interaction and alignment leads to a proposed framework for the socio-technical development of analytical software and process which considers both user and non-user needs. This framework can be expanded to other domains where technology and users of technology must collaborate with non-users who dictate acceptance.
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