From Big To Smart Data How Can Data Analytics Support Strategic Decisions To Gain Competitive Advantage
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| Author | : Alexej Eichmann |
| Publisher | : GRIN Verlag |
| Total Pages | : 29 |
| Release | : 2015-10-26 |
| Genre | : Business & Economics |
| ISBN | : 3668074704 |
Research Paper (postgraduate) from the year 2015 in the subject Business economics - Operations Research, grade: 1, University of Applied Sciences Essen, language: English, abstract: One of the biggest challenges currently and in the upcoming years is the amount of data generated worldwide, which will increase exponentially by factor 10. The challenge for business leaders in the era of Big Data will be to identify and to use the most relevant data for decision-making in the context of Strategic Management. This assignment analysis which relevance data analytics of Big respectively Smart Data nowadays has and how it can be utilized in enterprises to gain a higher degree of competitive advantage. Therefore a few selected examples and use cases are provided on the Corporate, Business and Functional level of Strategic Management. Business leaders are using data analytics to understand cost and revenue drivers, to evaluate risks and to predict trends to improve business performance and to foster innovation. Studies show, that Big Data will revolutionize business operations and change the way of doing business. Companies not dealing with Big Data will lose their competitive advantage. With a deeper understanding of customers’ behavior and demands through analysis of Big Data, companies can find new ways to approach existing and potential customers by improved or new products. Criticism related to this is the debate about data security and data privacy and the misuse of personal data.
| Author | : Keshav Kaushik |
| Publisher | : CRC Press |
| Total Pages | : 247 |
| Release | : 2023-09-28 |
| Genre | : Computers |
| ISBN | : 1000936880 |
This book aims to provide readers with a comprehensive guide to the fundamentals of big data analytics and its applications in various industries and smart societies. What sets this book apart is its in-depth coverage of different aspects of big data analytics, including machine learning algorithms, spatial data analytics, and IoT-based smart systems for precision agriculture. The book also delves into the use of big data analytics in healthcare, energy management, and agricultural development, among others. The authors have used clear and concise language, along with relevant examples and case studies, to help readers understand the complex concepts involved in big data analytics. Key Features: Comprehensive coverage of the fundamentals of big data analytics In-depth discussion of different aspects of big data analytics, including machine learning algorithms, spatial data analytics, and IoT-based smart systems. Practical examples and case studies to help readers understand complex concepts. Coverage of the use of big data analytics in various industries, including healthcare, energy management, and agriculture Discussion of challenges and legal frameworks involved in big data analytics. Clear and concise language that is easy to understand. This book is a valuable resource for business owners, data analysts, students, and anyone interested in the field of big data analytics. It provides readers with the tools they need to leverage the power of big data and make informed decisions that can help their organizations succeed. Whether you are new to the field or an experienced practitioner, "Demystifying Big Data Analytics for Industries and Smart Societies" is must-read.
| Author | : Youssef Baddi |
| Publisher | : Springer Nature |
| Total Pages | : 343 |
| Release | : 2022-01-18 |
| Genre | : Computers |
| ISBN | : 3030879542 |
Today, the use of machine intelligence, expert systems, and analytical technologies combined with Big Data is the natural evolution of both disciplines. As a result, there is a pressing need for new and innovative algorithms to help us find effective and practical solutions for smart applications such as smart cities, IoT, healthcare, and cybersecurity. This book presents the latest advances in big data intelligence for smart applications. It explores several problems and their solutions regarding computational intelligence and big data for smart applications. It also discusses new models, practical solutions,and technological advances related to developing and transforming cities through machine intelligence and big data models and techniques. This book is helpful for students and researchers as well as practitioners.
| Author | : Management Association, Information Resources |
| Publisher | : IGI Global |
| Total Pages | : 2523 |
| Release | : 2016-04-20 |
| Genre | : Computers |
| ISBN | : 1466698411 |
The digital age has presented an exponential growth in the amount of data available to individuals looking to draw conclusions based on given or collected information across industries. Challenges associated with the analysis, security, sharing, storage, and visualization of large and complex data sets continue to plague data scientists and analysts alike as traditional data processing applications struggle to adequately manage big data. Big Data: Concepts, Methodologies, Tools, and Applications is a multi-volume compendium of research-based perspectives and solutions within the realm of large-scale and complex data sets. Taking a multidisciplinary approach, this publication presents exhaustive coverage of crucial topics in the field of big data including diverse applications, storage solutions, analysis techniques, and methods for searching and transferring large data sets, in addition to security issues. Emphasizing essential research in the field of data science, this publication is an ideal reference source for data analysts, IT professionals, researchers, and academics.
| Author | : Peter Langkafel |
| Publisher | : Walter de Gruyter GmbH & Co KG |
| Total Pages | : 258 |
| Release | : 2015-11-27 |
| Genre | : Computers |
| ISBN | : 3110445743 |
Big Data in medical science – what exactly is that? What are the potentials for healthcare management? Where is Big Data at the moment? Which risk factors need to be kept in mind? What is hype and what is real potential? This book provides an impression of the new possibilities of networked data analysis and "Big Data" – for and within medical science and healthcare management. Big Data is about the collection, storage, search, distribution, statistical analysis and visualization of large amounts of data. This is especially relevant in healthcare management, as the amount of digital information is growing exponentially. An amount of data corresponding to 12 million novels emerges during the time of a single hospital stay. These are dimensions that cannot be dealt with without IT technologies. What can we do with the data that are available today? What will be possible in the next few years? Do we want everything that is possible? Who protects the data from wrong usage? More importantly, who protects the data from NOT being used? Big Data is the "resource of the 21st century" and might change the world of medical science more than we understand, realize and want at the moment. The core competence of Big Data will be the complete and correct collection, evaluation and interpretation of data. This also makes it possible to estimate the frame conditions and possibilities of the automation of daily (medical) routine. Can Big Data in medical science help to better understand fundamental problems of health and illness, and draw consequences accordingly? Big Data also means the overcoming of sector borders in healthcare management. The specialty of Big Data analysis will be the new quality of the outcomes of the combination of data that were not related before. That is why the editor of the book gives a voice to 30 experts, working in a variety of fields, such as in hospitals, in health insurance or as medical practitioners. The authors show potentials, risks, concrete practical examples, future scenarios, and come up with possible answers for the field of information technology and data privacy.
| Author | : Atzmueller, Martin |
| Publisher | : IGI Global |
| Total Pages | : 293 |
| Release | : 2016-06-01 |
| Genre | : Computers |
| ISBN | : 1522502947 |
The significance of big data can be observed in any decision-making process as it is often used for forecasting and predictive analytics. Additionally, big data can be used to build a holistic view of an enterprise through a collection and analysis of large data sets retrospectively. As the data deluge deepens, new methods for analyzing, comprehending, and making use of big data become necessary. Enterprise Big Data Engineering, Analytics, and Management presents novel methodologies and practical approaches to engineering, managing, and analyzing large-scale data sets with a focus on enterprise applications and implementation. Featuring essential big data concepts including data mining, artificial intelligence, and information extraction, this publication provides a platform for retargeting the current research available in the field. Data analysts, IT professionals, researchers, and graduate-level students will find the timely research presented in this publication essential to furthering their knowledge in the field.
| Author | : Bart Neuts |
| Publisher | : Springer Nature |
| Total Pages | : 231 |
| Release | : |
| Genre | : |
| ISBN | : 3031655370 |
| Author | : Tavana, Madjid |
| Publisher | : IGI Global |
| Total Pages | : 561 |
| Release | : 2014-11-30 |
| Genre | : Computers |
| ISBN | : 1466672730 |
Big data analytics utilizes a wide range of software and analytical tools to provide immediate, relevant information for efficient decision-making. Companies are recognizing the immense potential of BDA, but ensuring the data is appropriate and error-free is the largest hurdle in implementing BDA applications. The Handbook of Research on Organizational Transformations through Big Data Analytics not only catalogues the existing platforms and technologies, it explores new trends within the field of big data analytics (BDA). Containing new and existing research materials and insights on the various approaches to BDA; this publication is intended for researchers, IT professionals, and CIOs interested in the best ways to implement BDA applications and technologies.
| Author | : Mohamed Ridda Laouar |
| Publisher | : Springer Nature |
| Total Pages | : 586 |
| Release | : 2023-02-04 |
| Genre | : Technology & Engineering |
| ISBN | : 3031253442 |
The ICISAT’2022 conference provided a forum for research and developments in the field of information systems and advanced technologies and new trends in developing information systems organizational aspects of their development and intelligent aspects of the final product. The aim of the ICIS1T’2022 is to report progress and development of methodologies, technologies, planning and implementation, tools, and standards in information systems, technologies, and sciences. ICISAT’2022 aims at addressing issues related to the intelligent information, data science, and decision support system, from multidisciplinary perspectives and to discuss the research, teaching, and professional practice in the field. The book of ICISAT’2022 includes selected papers from the 12th International Conference on Information Systems and Advanced Technologies “ICISAT’2022”, organized online during August 26–27, 2022. In this book, researchers, professional software, and systems engineers from around the world addressed intelligent information, data science, and decision support system for the conference. The ideas and practical solutions described in the book are the outcome of dedicated research by academics and practitioners aiming to advance theory and practice in this research domain. The list of topics is in all the areas of modern intelligent information systems and technologies such as neural networks, evolutionary computing, adaptive systems, pervasive system, ubiquitous system, E-learning and teaching, knowledge-based paradigms, learning paradigms, intelligent data analysis, intelligent decision making and support system, intelligent network security, web intelligence, deep learning, natural language processing, image processing, general machine learning, and unsupervised learning.
| Author | : Simon Fong |
| Publisher | : Springer Nature |
| Total Pages | : 944 |
| Release | : 2022-01-07 |
| Genre | : Technology & Engineering |
| ISBN | : 981165655X |
This book proposes new technologies and discusses future solutions for ICT design infrastructures, as reflected in high-quality papers presented at the 6th International Conference on ICT for Sustainable Development (ICT4SD 2021), held in Goa, India, on 5–6 August 2021. The book covers the topics such as big data and data mining, data fusion, IoT programming toolkits and frameworks, green communication systems and network, use of ICT in smart cities, sensor networks and embedded system, network and information security, wireless and optical networks, security, trust, and privacy, routing and control protocols, cognitive radio and networks, and natural language processing. Bringing together experts from different countries, the book explores a range of central issues from an international perspective.
