scholarly journals Usage of Big Data in decision making process in companies

2017 ◽  
Vol 6 (2) ◽  
pp. 68-75
Author(s):  
Gabriel Koman
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Rapid Development ◽  
Communication Technologies ◽  
Information Value ◽  
Decision Making Process ◽  
Information Communication Technologies ◽  
Information Communication ◽  
Significant Information ◽  
Utility Companies

The rapid development in the field of information-communication technologies, which has been recorded in recent years, it has caused an increase in the volume of data in companies last year about 40 to 50% [1]. By analysing large amounts of data, it is possible to get information that is important for the enterprise and on the basis of which it is possible to improve the decision-making process for managers. The main problems in the management and decision-making of enterprises is constantly growing amount of data generated within the undertaking and its surroundings. These data reach the volumes and structures, which is not possible from the time and cost to manage through the current management information systems. The fastest increasing volumes of data are unstructured data, which may contain data with significant information value, for the purposes of decision making in the enterprise. In the light of the principle of the processing of data in the existing MIS, i.e. the processing of structured data, such as data capture, utility companies have to transform and analyse. The question of how to process and integrate data of different types of technology, solves the Big Data. This technology allows to handle different kinds of data, from a variety of data sources, in a very short amount of time (in milliseconds). 

scholarly journals AI and Big Data Standardization: Contributing to United Nations Sustainable Development Goals

2020 ◽  
Author(s):  
Ray Walshe ◽  
Kevin Casey ◽  
Jane Kernan ◽  
Donal Fitzpatrick
Keyword(s):  
Sustainable Development ◽  
Big Data ◽  
United Nations ◽  
Sustainable Development Goals ◽  
Emerging Technologies ◽  
Communication Technologies ◽  
International Standards ◽  
Information Communication Technologies ◽  
Information Communication ◽  
Development Goals

Emerging Technologies like Artificial Intelligence (AI), Big Data, Internet of Things (IoT), Blockchain and 5G communications are innovation accelerators creating new products, processes and industries by disrupting the Information Communication Technologies status quo. International Standards Development Organisations (SDOs) and Standard Setting Organisations (SSOs) develop and evolve consensus documents of the state of the art and publish these international agreements as Standards. In this document the authors present uses cases where some of these emerging technologies can contribute significantly to achieving the United Nations Sustainable Development Goals.

scholarly journals Knowledge Management

2011 ◽  
pp. 190-203
Author(s):  
Nilmini Wickramasinghe
Keyword(s):  
Decision Making ◽  
Knowledge Management ◽  
Information Overload ◽  
Communication Technologies ◽  
Business Environment ◽  
Knowledge Generation ◽  
Management Technique ◽  
Information Communication Technologies ◽  
Information Communication ◽  
Data Elements

The proliferation of ICT (information communication technologies) throughout the business environment has lead to exponentially increasing amounts of data and information generation. Although these technologies were implemented to enhance and facilitate superior decision making, the result is information chaos and information overload; the productivity paradox (O’Brien, 2005; Laudon & Laudon, 2004; Jessup & Valacich, 2005; Haag et al. 2004). Knowledge management (KM) is a modern management technique designed to make sense of this information chaos by applying strategies, structures and techniques to apparently unrelated and seemingly irrelevant data elements and information in order to extract germane knowledge to aid superior decision making. Critical to knowledge management is the application of ICT. However it is the configuration of these technologies that is important to support the techniques of knowledge management. This chapter discusses how the process oriented knowledge generation framework of Boyd and the use of sophisticated ICT can enable the design of a networkcentric healthcare perspective that enables effective and efficient healthcare operations.

E-Participation

2010 ◽  
pp. 258-270
Author(s):  
Peter Demediuk ◽  
Rolf Solli
Keyword(s):  
Decision Making ◽  
Local Government ◽  
Citizen Participation ◽  
Communication Technologies ◽  
Information Communication Technologies ◽  
Information Communication ◽  
Government Decision ◽  
Building Community ◽  
Inclusive Processes ◽  
Electronic Technologies

Citizen participation in government decision making through online and other electronic technologies has been termed e-participation, and has the potential to facilitate better decisions, better citizens, and better government. The chapter examines the extent to which progressive e-participation practice interacts with local government decision making and contributes to the espoused benefits of citizen participation. The international case studies indicate that e-participation can inform the intelligence, design, and choice phases of decision making and transform the way future local government decisions are made by formalising new inclusive processes and building community capabilities and motivation. E-participation can positively contribute to community capabilities, political relevance, better problem identification, and more relevant solutions, but the initiatives studied were costly and resource intensive. These e-participation initiatives provide robust examples of utilizing progressive information communication technologies because of the novel ways in which technology is applied, and due to the significant affect on information flows and decision making.

Is Artificial Intelligence a New Dawn or Challenge for Corporate Decision Making?

2019 ◽  
pp. 20-42
Author(s):  
Maria Igorevna Nikishova ◽  
Mikhail E. Kuznetsov
Keyword(s):  
Artificial Intelligence ◽  
Decision Making ◽  
Big Data ◽  
Industrial Revolution ◽  
Rapid Development ◽  
Decision Making Process ◽  
Fourth Industrial Revolution ◽  
Stakeholder Interaction ◽  
The Board Of Directors

The Fourth Industrial Revolution provides companies with new opportunities, and business picks up allies represented by technologies that can change mechanisms of corporate decision making in corporations. Rapid development of technologies, which allows working more efficiently with information, can lead to the creation of a new system of stakeholder interaction, thanks to better analytics, transparency, and speed of decisions. In this regard, the analyst based on big data with the use of artificial intelligence (AI) is able to significantly affect the quality of decisions. How can the application of AI for analysis of big data be able to influence the decision-making process and to what extent can it influence the system of corporate relationships? To answer this question, the authors will try to describe how transformation of decision-making methodology at the Board of Directors level under the influence of the Fourth Industrial Revolution and the development of AI technologies and big data, and what are the opportunities, limitations, and risks of the decision-making process with AI.

scholarly journals INFORMATION & COMMUNICATION TECHNOLOGY PENETRATION INTO EDUCATION: SOME THOUGHTS

2012 ◽  
Vol 50 (1) ◽  
pp. 5-6
Author(s):  
Vincentas Lamanauskas
Keyword(s):  
Social Networking ◽  
Communication Technology ◽  
Rapid Development ◽  
Communication Technologies ◽  
Educational Process ◽  
Information Communication Technologies ◽  
Educational Community ◽  
Information Communication ◽  
Innovative Technologies ◽  
Computer Technologies

Over the last decade the spread of information communication technologies has been growing very rapidly both in quantitative and qualitative meaning. Not only new, innovative technologies, but also various people communication forms based on these technologies have appeared. Here, it is spoken about so-called social networking websites. Their rapid development raises certain anxiousness as well. Education, as one of society life spheres, can’t stay apart. The penetration of technologies in education is very great. The number of computers and computer technologies is expanding not only in educational offices, but also in the environment of every of us: homes, working places and so on. The youth is a very receptive group of society in this respect, seeking to try the newest technologies as quickly as possible. The majority of pupils spend quite a big part of time working on computers and using other computer technologies. It must be accentuated, that very often such kind of activity is not directly related with learning and self-education in a wider sense. It is obvious, that penetration of technologies enables educational community to work differently, to change educational process, to search for new approaches and so on.

The use of Information Technology as Tools of Developing Educational Communications for Realizing the Personal Potential of University Students

2020 ◽  
pp. 81-92
Author(s):  
Andrey Ivanovich Shutenko ◽  
◽  
Elena Nikolaevn Shutenko ◽  
Julia Petrovna Derevyanko ◽  
◽  
...  
Keyword(s):  
Communication Technologies ◽  
Developmental Model ◽  
Learning Activity ◽  
Information Communication Technologies ◽  
Information Communication ◽  
Theoretical Terms ◽  
Higher Education System ◽  
Leading Role ◽  
Informational Environment

The article is devoted to the problem of educational communications development as a sphere of implementation of modern information-communication technologies in the higher education system. The purpose of the article is to present the structure and functions of educational communications aimed at the development of personal potential and self-realization of students. Methodology. The study is based on the methodology of personal and communicative-informational approaches in education, psychological-pedagogical provisions on the structure of communication, the leading role of learning activity, didactic principles of building an educational-informational environment. In theoretical terms, the study is based on the idea of the indirect implementation of ICT in education through the development of educational communications. The developing structure of educational communications, including didactic, informational-gnostic, interactive, psychological, attractive-motivational, value-semantic components, is presented. The possibilities of developing personal potential in educational communications are considered. The author’s developmental model of ICT functions is presented, which includes clusters of actual and latent functions aimed at the formation of information-educational space for the development of students’ personal potential. In conclusion, a inference was made about the prospects of the indirect introduction of modern ICT as tools for the development and functioning of various educational communications. At the same time, it is essential that these communications perform psychological and pedagogical tasks and functions.

scholarly journals The intercultural component in an EFL course-book package

2016 ◽  
Vol 4 (3) ◽  
pp. 178-203 ◽  
Author(s):  
Zuzana Sándorová
Keyword(s):  
Content Analysis ◽  
Research Method ◽  
Communicative Competence ◽  
Communication Technologies ◽  
Information Communication Technologies ◽  
Intercultural Communicative Competence ◽  
Information Communication ◽  
Main Research ◽  
Sociocultural Background

Abstract Along with mastery of the grammar and vocabulary of a given language, contemporary students are also expected to acquire intercultural communicative competence (ICC), i.e., the ability to use the language efficiently with regard to the sociocultural background of the communicative situation. This requirement should also be reflected in FL course-books, which are considered to be fundamental didactic tools in FL education, even in an era of information communication technologies. Therefore, the aim of the present paper is to report the results of the research focused on the investigation of intercultural component in the New Opportunities Pre-Intermediate and Intermediate course-book packages. To validate the findings of the content analysis, as the main research method, the method of triangulation was used, i.e., the results of the course-book package analyses were compared with those of observation and interview analyses. The findings of the research revealed that in the investigated course-book packages only some aspects of the intercultural component could be considered relevant because they were suitably treated.

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