scholarly journals Digital transformation of compliance management - a strategic solution for business continuity

Author(s):  
Dmitry V. Borzakov

Introduction. Compliance is one of the crucial factors for the implementation of strategic solutions aimed at ensuring business continuity. It is vital both for performing previously assumed obligations and for meeting new requirements from stakeholders in a crisis. In today’s rapidly changing environment, businesses depend on information and information technologies and use them for business continuity planning, thus taking a proactive approach. In this regard, digital transformation of compliance management procedures is required. Purpose. To study modern digital transformation technologies which can be applied to compliance management procedures in order to ensure business continuity. Methodology. The main conclusions made in this article are based on general scientific methods: analysis, synthesis, comparison, deduction, and induction. Conclusions. Big data analysis, machine learning technologies, and robotic process automation allow for complete or partial automation of the following compliance management procedures: compliance risks analysis and prediction; a comprehensive check on the contractors and contract analysis; employee training; maintaining the systems reporting on compliance breaches; monitoring and identification of suspicious activity; internal investigations. Strategic decisions aimed at the automation of compliance management give a company an opportunity to quickly analyse data and assess compliance risks, to use valuable human resources for more complex tasks, to improve the discipline and the quality of employee training, and to maintain the required level of business operations during and after a crisis.

2019 ◽  
Vol 217 ◽  
pp. 01011
Author(s):  
Lyudmila V. Massel ◽  
Aleksei G. Massel

The problems of energy sector digital transformation in Russia are considered. The problem of insufficient use of the results available in scientific organizations of the energy profile is highlighted. Attention is drawn to the need for intelligent support for the justification and adoption of strategic decisions on the development of technological infrastructure (digital transformation of energy sector). An approach is proposed to solve the problem of integration of software, information support and intelligent information technologies developed at Melentiev Energy Systems Institute of SB RAS. The architecture of a multi-agent intelligent environment providing this integration, and a multi-agent methodological approach to its development are considered.


2020 ◽  
Vol 10 (2) ◽  
pp. 1-4
Author(s):  
Ashok Kumar

The Business continuity plan and strategy provide effective solutions to Multi-cloud and Microservice approach. The business continuity plan helps to maintain backup and disaster recovery. It ensures continuous business processes during disasters and emergencies. The business continuity planning methods that include risk assessment, analyze impacts, and entire business continuity strategies.


2018 ◽  
Author(s):  
Soetam Rizky Wicaksono

Masih banyak orang di bidang TI maupun manajemen (baik akademisi ataupun profesional, terutama di Indonesia) yang masih belum mengenal tentang disaster recovery planning atau seringkali disingkat sebagai DRP. Mendengar saja pun masih banyak yang mengernyitkan dahi, “apakah itu termasuk ilmu baru ?”, “siapa yang mencetuskan ?”,”apa efeknya bagi lembaga atau perusahaan ?” dan masih banyak pertanyaan lain yang menggelayut di benak para profesional maupun akademisi.DRP sendiri yang nantinya akan menjadi sebuah rangkaian dari business continuity planning atau BCP, sesungguhnya bukan hal baru di bidang TI maupun bidang manajemen. Tetapi meski bukan suatu hal yang baru, DRP sendiri seringkali menjadi “anak tiri” dalam sebuah implementasi sistem informasi di sebuah institusi.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Raghu Nandan Chawla ◽  
Praveen Goyal

PurposeUbiquitous digital technologies are driving organisations to embrace non-traditional digitally transformed business models incessantly. Heterogeneous literature contributions have resulted in a spur in the research related to business transformation driven by digital technologies in recent years; consequently, the research under the digital transformation (DT), even though becoming a hotspot, remains very fragmented. The authors endeavour to holistically present the literature's intellectual structure under DT as a concept, its evolving journey and the emerging research streams in the business and management domains using the techniques of bibliometric analysis.Design/methodology/approachBy performing bibliometric analysis on 234 research articles published over the last 20 years in the DT domain, retrieved from Thompson Reuters Web of Science TM, this study culls out thorough insights from the citation, co-citation and keyword analysis. Further emerging research streams were evaluated using VOSviewer software.FindingsThe study depicts an overall incremental trend of year-on-year publications, authors' performance, publication journals, associated institutions and research driving countries, along with key insights from co-citation network analysis. Furthermore, the study evaluates four research areas – organisational impacts, applied applications and insights, operational processes and social aspects, comprising eighteen research streams that comprehensively cover-up research under the DT domain.Research limitations/implicationsThe study contributes to the literature of DT by amalgamating the status of the present research, but more importantly, by deriving the research areas and research streams, which can be further expanded by researchers as future research streams.Practical implicationsFor the practitioners, the study aims to act as a ready reckoner repository with practice-oriented literature references to facilitate them building knowledge and taking effective strategic decisions to harness the benefits of DT more proficiently.Originality/valueThis study illustrates the bibliometric structure of the DT literature and presents insights from the growth of the literature year-on-year.


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