Empiricism and collaboration on grid data analytics

2021 ◽  
Vol 1 (1) ◽  
pp. 89-94
Author(s):  
Alexandra Von Meier ◽  
Laurel N. Dunn

This paper discusses the need for data-driven tools to manage modern electric grids, where planning and operational decisions increasingly require empirical data on various time scales. The advancement of such tools will hinge on deploying instrumentation to collect faster and more localized measurements, capitalizing on state-of-the-art software solutions to facilitate big-data workflows, and enabling open exchange of data and information with research collaborators.

Author(s):  
Soraya Sedkaoui ◽  
Mounia Khelfaoui

This chapter treats the movement that marks, affects, and transforms any part of business and society. It is about big data that is creating, and the value generating that companies, startups, and entrepreneurs have to derive through sophisticated methods and advanced tools. This chapter suggests that analytics can be of crucial importance for business and entrepreneurial practices if correctly aligned with business process needs and can also lead to significant improvement of their performance and quality of the decisions they make. So, the main purpose of this chapter are exploring why small business, entrepreneur, and startups have to use data analytics and how they can integrate, operationally, analytics methods to extract value and create new opportunities.


2018 ◽  
Vol 27 (01) ◽  
pp. 234-236 ◽  
Author(s):  
Kwok-Chan Lun

SummaryHealth informatics has benefitted from the development of Info-Communications Technology (ICT) over the last fifty years. Advances in ICT in healthcare have now started to spur advances in Data Technology as hospital information systems, electronic health and medical records, mobile devices, social media and Internet Of Things (IOT) are making a substantial impact on the generation of data. It is timely for healthcare institutions to recognize data as a corporate asset and promote a data-driven culture within the institution. It is both strategic and timely for IMIA, as an international organization in health informatics, to take the lead to promote a data-driven culture in healthcare organizations. This can be achieved by expanding the terms of reference of its existing Working Group on Data Mining and Big Data Analysis to include (1) data analytics with special reference to healthcare, (2) big data tools and solutions, (3) bridging information technology and data technology and (4) data quality issues and challenges.


2020 ◽  
Vol 90 ◽  
pp. 663-666
Author(s):  
Miltiadis Lytras ◽  
Anna Visvizi ◽  
Xi Zhang ◽  
Naif Radi Aljohani

Author(s):  
Peter V. Coveney ◽  
Edward R. Dougherty ◽  
Roger R. Highfield

The current interest in big data, machine learning and data analytics has generated the widespread impression that such methods are capable of solving most problems without the need for conventional scientific methods of inquiry. Interest in these methods is intensifying, accelerated by the ease with which digitized data can be acquired in virtually all fields of endeavour, from science, healthcare and cybersecurity to economics, social sciences and the humanities. In multiscale modelling, machine learning appears to provide a shortcut to reveal correlations of arbitrary complexity between processes at the atomic, molecular, meso- and macroscales. Here, we point out the weaknesses of pure big data approaches with particular focus on biology and medicine, which fail to provide conceptual accounts for the processes to which they are applied. No matter their ‘depth’ and the sophistication of data-driven methods, such as artificial neural nets, in the end they merely fit curves to existing data. Not only do these methods invariably require far larger quantities of data than anticipated by big data aficionados in order to produce statistically reliable results, but they can also fail in circumstances beyond the range of the data used to train them because they are not designed to model the structural characteristics of the underlying system. We argue that it is vital to use theory as a guide to experimental design for maximal efficiency of data collection and to produce reliable predictive models and conceptual knowledge. Rather than continuing to fund, pursue and promote ‘blind’ big data projects with massive budgets, we call for more funding to be allocated to the elucidation of the multiscale and stochastic processes controlling the behaviour of complex systems, including those of life, medicine and healthcare. This article is part of the themed issue ‘Multiscale modelling at the physics–chemistry–biology interface’.


Big Data could be used in any industry to make effective data-driven decisions. The successful implementation of Big Data projects requires a combination of innovative technological, organizational, and processing approaches. Over the last decade, the research on Critical Success Factors (CSFs) within Big Data has developed rapidly but the number of available publications is still at a low level. Developing an understandingof the Critical Success Factors (CSFs) and their categoriesare essential to support management in making effective data-driven decisions which could increase their returns on investments.There islimited research conducted on the Critical Success Factors (CSFs) of Big DataAnalytics (BDA) development and implementation.This paper aims to provide more understanding about the availableCritical Success Factors (CSFs) categoriesfor Big Data Analytics implementation and answer the research question (RQ) “What are the existing categories of Critical Success Factors for Big Data Analytics”.Based on a preliminary Systematic Literature Review (SLR) for the available publications related to Big Data CSFs and their categories in the last twelve years (2007-2019),this paper identifiesfive categoriesfor Big Data AnalyticsCritical Success Factors(CSFs), namelyOrganization, People, Technology, Data Management, and Governance categories.


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