scholarly journals Improving Business Performance by Employing Virtualization Technology: A Case Study in the Financial Sector

Computers ◽  
2021 ◽  
Vol 10 (4) ◽  
pp. 52
Author(s):  
Georgios Lambropoulos ◽  
Sarandis Mitropoulos ◽  
Christos Douligeris
Keyword(s):  
Business Performance ◽  
Financial Institution ◽  
Cost Effective ◽  
Service Level ◽  
It Services ◽  
Efficient Manner ◽  
It Departments ◽  
The Impact ◽  
Modern Technologies

The financial crisis of the last decade has left many financial institutions with limited personnel and equipment resources. Thus, the IT departments of these institutions are being asked to explore novel approaches to resolve these constraints in a cost-effective and efficient manner. The goal of this paper is to measure the impact of modern enabling technologies, such as virtualization, in the process of replacing legacy infrastructures. This paper proposes an IT services upgrade plan approach for an organization by using modern technologies. For this purpose, research took place in an operating financial institution, which required a significant upgrade of both its service-level and its hardware infrastructure. A virtualization implementation and deployment assessment for the entire infrastructure was conducted and the resulting consolidated data are presented and analysed. The paper concludes with a five-year financial-based evaluation of the proposed approach with respect to the projection of expenditures, the return of investment and profitability.

scholarly journals The Impact of Trust and Opportunistic Behavior of Employees on Business Performance: Case Study in Vietnam

2021 ◽  
Vol 6 (1) ◽  
pp. 233-242
Author(s):  
Nguyen Hoai Nam ◽  
Le Manh Hung ◽  
Nguyen Thi Thuy Quynh ◽  
Bui Van Dung ◽  
Le Dinh Ly
Keyword(s):  
Business Performance ◽  
Opportunistic Behavior ◽  
The Impact

scholarly journals IDENTIFIKASI PENYEBAB TIDAK OPTIMALNYA PENANGANAN PEMBIAYAAN BERMASALAH DI KSPS BMT ABC CABANG PEMBANTU KLM-SURABAYA

2020 ◽  
Vol 6 (5) ◽  
pp. 913
Author(s):  
Martha Dyah Puspita ◽  
Dian Filianti
Keyword(s):  
Financial Services ◽  
Qualitative Method ◽  
Financial Institution ◽  
Study Strategy ◽  
Exploratory Case Study ◽  
Standard Operating ◽  
Two Factors ◽  
Research Interview ◽  
The Impact

Sharia Financial Services Cooperative (KJKS) is a form of cooperative whose business activities are engaged in financing, investment, and deposits in accordance sharia principles. in relation to financial services in the form of such financing, in this case the Sharia Financial Services Cooperative (KJKS) will be faced with several risks, among others, is the risk of default on financing channeled and the existence of fraud action (fraud) committedby the management of the financial institution. The object of this research is KSPS BMT ABC Branch KLM-Surabaya.on the object of the study found that the total gross NPF until December 2016 reached 81.84%, in addition to the impact of high levels of Gross NPF is a loss to be borne until December 2016 amounted to Rp 354.715.664. Based on the results of pre-research interview with Mr. Muhammad stated that the cause of the loss due to there are two factors namely the existence of fraud (misconduct) in the form of misuse of funds by former employees and handling financing problems that can be optimally 30% of total troubled financing. The purpose of this study is to determine the cause of the non-optimal handling of troubled financing. Things that need to be reviewed in the process of handling pembiyaan problem is based on the phenomenon that occurs in the object of research. This research uses qualitative method with exploratory case study strategy. The results of research conducted by the researchers found that KSPS BMT ABC Branch KLM-Surabaya Assistant has a concept of mixing handling of non-performing financing based on standard operating procedures with the handling of troubled financing based on kinship.Keywords: Troubled Financing, Troubled Financing Handling, Fraud

Using Obstacles for Systematically Modeling, Analysing, and Mitigating Risks in Cloud Adoption

2013 ◽  
pp. 275-296 ◽  
Author(s):  
Shehnila Zardari ◽  
Funmilade Faniyi ◽  
Rami Bahsoon
Keyword(s):  
Cloud Computing ◽  
Cost Effective ◽  
Service Level ◽  
Management Framework ◽  
Cloud Adoption ◽  
Risk Management Framework ◽  
Cost Implications ◽  
Effective Service ◽  
Cloud User

In this chapter, the authors motivate the need for a systematic approach to cloud adoption from the risk perspective. The enormous potential of cloud computing for improved and cost-effective service delivery for commercial and academic purposes has generated unprecedented interest in its adoption. However, a potential cloud user faces numerous risks regarding service requirements, cost implications of failure, and uncertainty about cloud providers’ ability to meet service level agreements. Hence, the authors consider two perspectives of a case study to identify risks associated with cloud adoption. They propose a risk management framework based on the principle of GORE (Goal-Oriented Requirements Engineering). In this approach, they liken risks to obstacles encountered while realising cloud user goals, therefore proposing cloud-specific obstacle resolution tactics for mitigating identified risks. The proposed framework shows benefits by providing a principled engineering approach to cloud adoption and empowering stakeholders with tactics for resolving risks when adopting the cloud.

IT, Business Processes & Performance

2010 ◽  
pp. 50-77
Author(s):  
Robert van Wessel
Keyword(s):  
Balanced Scorecard ◽  
Business Performance ◽  
Business Processes ◽  
Specific Method ◽  
The Balanced Scorecard ◽  
Case Study Analysis ◽  
It Value ◽  
General Business ◽  
The Impact

This chapter describes literature about IT investments, and the impact of IT on the performance of a firm. The reason for this study is that effects of IT standards, which are an integral part of IT, will be investigated in several case studies. Supporting the case study analysis, a method will be adopted that is used to assess business performance from IT in general. Business performance in general can be assessed from different angles, such as financial performance, process performance and transaction performance. Literature from various disciplines shows the complexity of and the disagreement as regards measurement and description of business performance. However, it is generally accepted that these impacts can be assessed best at the intermediate level: that of business processes. After the introduction, literature dealing with IT value and business performance will be discussed. Then a specific method, the Balanced Scorecard, will be dealt with and an explanation is given why we used it in this research. This chapter concludes with a look at the concept of flexibility, as part of business performance, and what it means in relation to IT standards.

scholarly journals Impact of quality on improvement of business performance and customer satisfaction

2021 ◽  
Vol 11 (1) ◽  
pp. 20-28
Author(s):  
Milena Cvjetković ◽  
Marko Vasiljević ◽  
Milovan Cvjetković ◽  
Milica Josimović
Keyword(s):  
Customer Satisfaction ◽  
Growth And Development ◽  
Business Performance ◽  
Consumer Confidence ◽  
Efficient Manner ◽  
Mutual Relations ◽  
High Level ◽  
The Impact

In an immense market struggle, the only effective way to build a long-term competitive advantage is to provide a high level of quality. Offering quality to the market, the organization creates loyal consumers on the basis of which it achieves its profitability, growth and development. The research presented in this paper is aimed at determination of the impact of quality on improving business performance and customer satisfaction. Correlation analysis confirmed this influence on the basis of obtained statistically significant mutual relations between the analyzed variables. Quality was shown to have an impact on improving the business performance of the organization, primarily on profitability through the improvement of leadership and relationship management. The impact of quality on customer satisfaction was also confirmed, where the engagement of people and the management of mutual relations had the greatest impact on consumer confidence. The research confirmed that the training of employees in terms of quality had a statistically significant impact on improving customer satisfaction, if it is conducted in an efficient manner.

Saving Fuel in Large-Bore Natural Gas Engines Using Cylinder-by-Cylinder Electronic Fuel Control: A Case Study

2009 ◽  
Author(s):  
James J. McCoy
Keyword(s):  
Fuel Efficiency ◽  
Load Condition ◽  
Cost Effective ◽  
Fuel System ◽  
Efficient Manner ◽  
Natural Gas Engines ◽  
Modern Computer ◽  
Software Algorithms ◽  
Computer Controlled

This paper describes the method used to retrofit a modern, computer-controlled fuel system to older, large-bore pipeline engines in order to improve the reliability of the engine, while also improving the fuel efficiency of the engine. In cases where the engines run in off-load condition (and many do), it is possible to improve fuel efficiency by from five to twenty-five percent, and the engine runs much smoother, reducing the mechanical stress on the engine. This system does not require expensive fuel valves that can withstand the heat and pressure of the combustion chamber, and thus is much more cost effective. With the developed software algorithms, the computer decides when, and how many, cylinders to disable, and when to reactivate. Of the approximately eight thousand low-speed, non-turbocharged stationary engines in pipeline service in North America, approximately half could benefit from this system, and will enable these engines to run for many more years in a much more efficient manner.

Affordable education with a little help from the library

2020 ◽  
Vol 48 (3) ◽  
pp. 457-471
Author(s):  
Diane Sotak ◽  
Jane G. Scott ◽  
Tillia R. Griffin
Keyword(s):  
Low Income ◽  
Cost Effective ◽  
Private University ◽  
Pilot Project ◽  
Library Services ◽  
Content Type ◽  
Course Materials ◽  
Low Income College Students ◽  
The Impact

Purpose The purpose of this paper is to describe the design, creation and outcome of a pilot project to provide additional course reserve materials to students. The goals of the project include off-setting the rising costs of higher education and providing equitable access to materials. Design/methodology/approach This case study describes the process of library staff co-creating a workflow to efficiently identify, order and process print and electronic books for 100 and 200 level courses at a small, private university. The project was influenced by an exploration of library services in the context of library ethics. The authors evaluate the impact of the project and determine continued need after a two-year pilot. Findings This paper demonstrates the usefulness of the course reserves service in providing accessible and cost-effective resources. Increased usage of course reserve materials by students, along with a reduction in money spent over time by the library to support the service, has resulted in a program that is deemed viable to continue and potentially expand. Social implications This paper seeks to address the added challenges often placed on low-income college students in accessing, paying for and using assigned course materials. Libraries can use course reserves to enhance student success by providing them with an alternate to purchasing course materials. Originality/value The project addresses constraints of cost, staff time and cross-departmental workflows in managing a course reserves program at a small university and provides a template for other libraries to use.

Leveraging Objects for Mission-Critical Applications

1999 ◽  
pp. 224-234
Author(s):  
Mahesh S. Raisinghani ◽  
Bruce Adams
Keyword(s):  
Financial Services ◽  
Cost Effective ◽  
Distributed Objects ◽  
Efficient Manner ◽  
Client Server ◽  
Analysis And Design ◽  
Major Metropolitan Area ◽  
Mission Critical ◽  
Object Oriented Systems

This case study is based on an enterprise-wide consulting project for a financial services firm in a major metropolitan area of the southwest United States. This case addresses the underlying principles (i.e., techniques and processes) and real-world practical application of object orientation (O-O). The objectives of this case study are to reinforce the student’s foundation in fundamental OO concepts, to provide an in-depth example of the application of O-O analysis and design techniques and formalisms and to enable the student to transfer this knowledge to the student’s actual work. The merit of the development process described here, Compass, is that it presents a repeatable process for delivery of client server architectures, object oriented systems, and distributed objects and components. It helps manage three interdependent variables common to most projects, i.e., deliverables, resources, and time, in a cost effective and efficient manner. The concept behind Compass is to integrate the best-proven solutions currently available, drawing upon several best-ofbreed approaches used within the Information Services industry.

Adaptation of Technologies Making Clean out Operations Environment Friendly and Cost Effective - Converting Failure into Success Using New Type of Fluidic Oscillator

2021 ◽  
Author(s):  
Barzan Ahmed ◽  
Farhad Abdulrahman Khoshnaw ◽  
Mustansar Raza ◽  
Hossam Elmoneim ◽  
Kamil Shehzad ◽  
...  
Keyword(s):  
Acoustic Pulse ◽  
Injection Pressure ◽  
Cost Effective ◽  
Injection Rate ◽  
Pumping Rate ◽  
Fluidic Oscillator ◽  
Injection Zone ◽  
Open Hole ◽  
The Impact

Abstract A case study is presented detailing the methodology used to perform the clean-out operation in a water disposal well of Khurmala Field, Kurdistan Region of Iraq. Untreated disposed water caused scaling and plugging in perforated liner and in the open hole that eventually ceased injection. Multiple attempts and investments were made in recent years to resume access to the injection zone using high-pressure hydro-jetting tools coupled with acid treatments. However, these attempts yielded futile efforts. Before proceeding with the decision of workover, it was decided to go for one final attempt to regain wellbore access using Fluidic Oscillator (SFO). Fluidic Oscillator (SFO) having pulsing, cavitation and helix jetting action was used in combination with a train of fluids consisting of diesel, 28% HCl and gel. The clean out was performed in stages of 10m, to clean the fill from 1091m to 1170m. Since the well bore was initially isolated from the injection zone, the cleanout was conducted with non-nitrified fluids. As the cleanout progressed and access to the liner and open hole was regained, the circulation of insoluble fill to surface required a lighter carrying fluid. Nitrification, volume of the fluids, batch cycling, and ROP were designed considering the downhole dynamic changes expected during each stage of the operation. The combination of SFO, the thorough selection of treatment fluids and the accurate downhole hydraulics simulations pertaining to different stages of the operation offered an effective solution and regained the connectivity between the wellbore and the injection zone. The injection rate of water increased from 0 bpm at 700 psi to 15 bpm at 200 psi. Throughout this operation, the SFO helix, cavitation, and acoustic pulse (alike) jetting proved to be more effective than other single acting rotating jetting tools. Also, Environmental impact was reduced by eliminating the need for a rig workover operation. The matching of the injection pressure when the well was first completed and the post job value indicated that the complete zone was exposed and scale deposits were removed from the critical matrix or bypassed. SFO has an effective jetting near wellbore region, while the kinetic energy transferred via fluid makes the impact stronger in the deeper region. Internal mechanism of the tool allows it to handle high pumping rate and pressures, external finishing offer multi-port orientation of outflow that allows targeting the fill in desired directions. Presently the SFO used in the case study is the only technology that has pulse, cavitation, and helix jetting structure. Also, since the tool does not require redressing, it proves to be an efficient, safe and cost effective alternative

scholarly journals Implementing Interventions with Varying Marginal Cost-Effectiveness: An Application in Precision Medicine

2020 ◽  
Vol 40 (7) ◽  
pp. 924-938
Author(s):  
Stuart J. Wright ◽  
Mike Paulden ◽  
Katherine Payne
Keyword(s):  
Cost Effectiveness ◽  
Precision Medicine ◽  
Implementation Strategies ◽  
Recurrence Score ◽  
Cost Effective ◽  
Decision Analytic Model ◽  
Costs And Benefits ◽  
Marginal Costs ◽  
The Impact

Purpose. A range of barriers may constrain the effective implementation of strategies to deliver precision medicine. If the marginal costs and consequences of precision medicine vary at different levels of implementation, then such variation will have an impact on relative cost-effectiveness. This study aimed to illustrate the importance and quantify the impact of varying marginal costs and benefits on the value of implementation for a case study in precision medicine. Methods. An existing method to calculate the value of implementation was adapted to allow marginal costs and consequences of introducing precision medicine into practice to vary across differing levels of implementation. This illustrative analysis used a case study based on a published decision-analytic model-based cost-effectiveness analysis of a 70-gene recurrence score (MammaPrint) for breast cancer. The impact of allowing for varying costs and benefits for the value of the precision medicine and of implementation strategies was illustrated graphically and numerically in both static and dynamic forms. Results. The increasing returns to scale exhibited by introducing this specific example of precision medicine mean that a minimum level of implementation (51%) is required for using the 70-gene recurrence score to be cost-effective at a defined threshold of €20,000 per quality-adjusted life year. The observed variation in net monetary benefit implies that the value of implementation strategies was dependent on the initial and ending levels of implementation in addition to the magnitude of the increase in patients receiving the 70-gene recurrence score. In dynamic models, incremental losses caused by low implementation accrue over time unless implementation is improved. Conclusions. Poor implementation of approaches to deliver precision medicine, identified to be cost-effective using decision-analytic model-based cost-effectiveness analysis, can have a significant economic impact on health systems. Developing and evaluating the economic impact of strategies to improve the implementation of precision medicine will potentially realize the more cost-effective use of health care budgets.

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