scholarly journals Broadcaster’s Dilemma with Archive Asset Management

2018 ◽  
Author(s):  
Silvester Stöger ◽  
Jean-Christophe Kummer
Keyword(s):  
Asset Management ◽  
Business Processes ◽  
Content Distribution ◽  
New Approach ◽  
Actual Production ◽  
Evolution Of Technology ◽  
To Come ◽  
Periodical Change

With the periodical change of production formats, dissemination platforms and content distribution, broadcasters do face a dilemma, when deciding on an archive format. Very often the actual production format which is supported by current playout systems is found as the answer, and the discussions change every 5 years. As the reality shows that any delivery from the archive is somehow transcoded or rewrapped, a new approach is to rely on one normalised lossless format, which is performant enough to support all business processes around production workflows. Kept in a dedicated Archive Asset management (AAM), legacy essence can be managed inside a central OAIS repository for decades to come. This paper outlines the historical dimension of such a move by listing successful examples from the broadcast industry and archives and giving insights on the ongoing evolution of technology.

TYPOLOGY OF SOCIAL ENTERPRISES AND SYSTEMATIZATION OF THEIR CLASSIFICATION FEATURES AS A COMPONENT OF THE FORMATION OF PUBLIC POLICY ON THE DEVELOPMENT OF SOCIAL ENTREPRENEURSHIP

2021 ◽  
Author(s):  
Kulinich O.V. ◽  
Orel Yu. ◽  
Bykovets K.Yu.
Keyword(s):  
Public Policy ◽  
Social Entrepreneurship ◽  
Business Processes ◽  
Social Enterprises ◽  
Entrepreneurial Activity ◽  
Social Programs ◽  
Legal Form ◽  
New Approach ◽  
Innovative Potential

The article examines the approaches to the classification of social enterprises by different classification features, such as: objectives and direction of using profit, priority sources of funding, the degree of integration of social programs and business processes, the degree of financial capacity, ways to create social enterprises, specifics of entrepreneurial activity organization, organizational and legal form, areas of activity, size, location, etc. A new approach to classification according to the criterion of innovative potential of enterprises is proposed.

Forecasting the Trends in Cloud Computing and its Impact on Future IT Business

2015 ◽  
pp. 2354-2372
Author(s):  
Ebin Deni Raj ◽  
L. D. Dhinesh Babu ◽  
Ezendu Ariwa ◽  
M. Nirmala ◽  
P. Venkata Krishna
Keyword(s):  
Cloud Computing ◽  
Big Data ◽  
Business Processes ◽  
Big Data Analytics ◽  
Literature Survey ◽  
Mobile Cloud ◽  
Business Impact ◽  
Current Trends ◽  
To Come ◽  
Almost All

Cloud computing has become the cutting-edge technology for information technology processing and high-end computational tasks. Cloud has started playing its part in almost all business processes. Big data in cloud has become the buzzword. The business impact of cloud has deepened with the growth of big data analytics. Current trends such as green cloud computing, mobile cloud computing, and big data have created social as well as business impact. In this chapter, the authors analyze the field of cloud computing and perform an intense literature survey augmented with mathematical analysis. The forecast on the future of cloud and analysis of the current trends shows that cloud computing is a promising technology that will evolve further in years to come.

Providing Value to Customers in E-Commerce Environments

2011 ◽  
pp. 1358-1378
Author(s):  
Shailey Minocha
Keyword(s):  
Service Quality ◽  
Web Sites ◽  
Business Processes ◽  
Web Design ◽  
Research Programme ◽  
Customer Relationship ◽  
Evaluation Instrument ◽  
Design Heuristics ◽  
To Come ◽  
Group Interviews

Effective advertising, good usability, and creating value are important in an e-commerce environment to attract and retain customers. In the human–computer interaction (HCI) literature, research into the success or failure of business to consumer (B2C) e-commerce sites has primarily focussed on usability. While increasing usability is important, even if an e-commerce Web site conforms to the Web design heuristics and usability guidelines, it might not always generate a positive total customer experience (TCE). Therefore, it is important that along with usability heuristics, customer relationship management (CRM) strategies are integrated into the design of the e-commerce environments for developing robust and long-term online customer–organisation relationships. We report on a project that is part of an ongoing cross-disciplinary research programme at the Open University, United Kingdom, which aims to integrate HCI and CRM strategies into the design and evaluation of e-commerce environments. In this project, we examined the customer’s interaction with e-commerce environments and how a B2C relationship can be effectively supported from a customer’s perspective. Based on intensive research that involved collecting data from naturalistic observations of customers shopping on e-tailing environments, interviews, group interviews, and by identifying the negative incidents or obstacles that mar the customer’s TCE, we have developed E-SEQUAL (E-SErvice QUALity), a framework for online service quality. E-SEQUAL is an evaluation instrument consisting of e-CRM (CRM for e-economy) or customer relationship-enhancing heuristics and HCI heuristics which can be applied to integrate customers’ perceived dimensions of service quality into the design and development of e-commerce environments. E-SEQUAL can provide guidance to e-businesses regarding integration of front- and back-end business processes, and across different customer touch points such as phone, fax, e-mail, and so on. It can be applied by Web designers, marketing professionals, and developers to come up with requirements for integrating customers’ expectations, and perceptions of service quality and value into the design of e-commerce Web sites. Furthermore, it can be used as an evaluation instrument by usability professionals for evaluating the conformance of an e-commerce environment against HCI (usability) and e-CRM heuristics.

The Executive Support System of Ontario, Canada

2005 ◽  
Vol 1933 (1) ◽  
pp. 26-34
Author(s):  
Joseph A. Guerre ◽  
William E. Robert ◽  
Alison Bradbury ◽  
Michael Goodale
Keyword(s):  
Support System ◽  
Asset Management ◽  
System Integration ◽  
Network Performance ◽  
Business Processes ◽  
Functional Class ◽  
Management Systems ◽  
Analysis Tool ◽  
Bridge Management ◽  
Management Concepts

The Ministry of Transportation of Ontario (MTO), Canada, is currently implementing an asset management business framework (AMBF). The AMBF provides the ministry with an ambitious blueprint for incorporating asset management concepts into its existing business processes. A key component in the AMBF is the ability to integrate results from the ministry's existing management systems. In support of the AMBF, MTO has developed a prototype executive support system (ESS). The ESS is a what-if analysis tool that predicts network performance over time using data from the ministry's pavement and bridge management systems. It enables decision makers to evaluate the relationship between performance and budget and to view results by region, corridor, or functional class. This paper presents the analytical approach used to develop the ESS and describes how it was implemented by MTO. The ESS uses a candidate-based approach to system integration, which enables the integration of any management system capable of generating work candidates and estimating their impact on a defined set of performance measures. The ESS brings together data from these systems and performs an additional level of cross-asset economic optimizations, taking into account user-defined operating assumptions. Although much work has recently been done on the integration of pavement and bridge systems, the objective of this paper is to present a practical example implemented by MTO.

Continual Process Improvement Based on ITIL and Process Mining

2011 ◽  
pp. 145-167
Author(s):  
Kerstin Gerke ◽  
Konstantin Petruch ◽  
Gerrit Tamm
Keyword(s):  
Process Improvement ◽  
Service Management ◽  
Business Processes ◽  
Reference Model ◽  
Process Mining ◽  
It Services ◽  
New Approach ◽  
Customer Support ◽  
It Service ◽  
Key Indicators

The inherent quality of business processes and their support through information technology (IT) increasingly plays a significant role in the economic success of an organization. More and more business processes are supported through IT services. In order to provide IT services with the required quality and at minimum costs, the importance of effective and efficient IT service management (ITSM) processes is crucial. In this contribution, the authors present a new approach, which allows the continual process improvement by the interconnection of the ITIL reference model, the 7-step improvement process, and process mining. On the basis of the reference model, to-be processes are set and key indicators are determined. As-is processes and their key indicators derived by process mining are subsequently compared to the to-be processes. This new approach enables the design, control, and improvement of ITIL based customer support processes, which will be trialed in practice.

scholarly journals Internet of Things adoption for reconfiguring decision-making processes in asset management

2019 ◽  
Vol 25 (3) ◽  
pp. 495-511 ◽  
Author(s):  
Paul Brous ◽  
Marijn Janssen ◽  
Paulien Herder
Keyword(s):  
Decision Making ◽  
Internet Of Things ◽  
Asset Management ◽  
Business Processes ◽  
Research Approach ◽  
Data Provenance ◽  
Civil Infrastructure ◽  
Content Type ◽  
Management Domain ◽  
Decision Making Processes

Purpose Managers are increasingly looking to adopt the Internet of Things (IoT) to include the vast amount of big data generated in their decision-making processes. The use of IoT might yield many benefits for organizations engaged in civil infrastructure management, but these benefits might be difficult to realize as organizations are not equipped to handle and interpret this data. The purpose of this paper is to understand how IoT adoption affects decision-making processes. Design/methodology/approach In this paper the changes in the business processes for managing civil infrastructure assets brought about by IoT adoption are analyzed by investigating two case studies within the water management domain. Propositions for effective IoT adoption in decision-making processes are derived. Findings The results show that decision processes in civil infrastructure asset management have been transformed to deal with the real-time nature of the data. The authors found the need to make organizational and business process changes, development of new capabilities, data provenance and governance and the need for standardization. IoT can have a transformative effect on business processes. Research limitations/implications Because of the chosen research approach, the research results may lack generalizability. Therefore, researchers are encouraged to test the propositions further. Practical implications The paper shows that data provenance is necessary to be able to understand the value and the quality of the data often generated by various organizations. Managers need to adapt new capabilities to be able to interpret the data. Originality/value This paper fulfills an identified need to understand how IoT adoption affects decision-making processes in asset management in order to be able to achieve expected benefits and mitigate risk.

scholarly journals A new approach for satisfactory pensions with no guarantees

2019 ◽  
Vol 10 (1) ◽  
pp. 3-21
Author(s):  
M. Carmen Boado-Penas ◽  
Julia Eisenberg ◽  
Axel Helmert ◽  
Paul Krühner
Keyword(s):  
Risk Management ◽  
Interest Rates ◽  
Asset Management ◽  
Expected Return ◽  
New Approach ◽  
Low Interest Rates ◽  
Key Variables ◽  
Pension Benefits ◽  
Pension Payments ◽  
Over Time

AbstractThe increase in longevity, the ultra-low interest rates and the guarantees associated to pension benefits have put significant strain on the pension industry. Consequently, insurers need to be in a financially sound position while offering satisfactory benefits to participants. In this paper, we propose a pension design that goes beyond the idea of annuity pools and unit-linked insurance products. The purpose is to replace traditional guarantees with low volatility, mainly achieved by collective smoothing algorithms and an adequate asset management. With the aim of offering security to the insured, we discuss the optimisation of some key variables of the proposed pension product to target both a satisfactory level of the initial pension and stable pension payments over time. By combining such well-known products as unit-linked and annuities, we show that it is possible to design a pension product with both high-expected return and low risk for the policyholder. However, differently than in the classical unit-linked framework, we do not allow the individuals to choose the underlying funds. Instead, the funds are under the surveillance of an insurance company’s professional risk management, which induces better informed decisions.

scholarly journals Innovative financial technologies as a factor of competitiveness in the banking

2019 ◽  
Vol 69 ◽  
pp. 00043
Author(s):  
Marina Glushchenko ◽  
Naila Hodasevich ◽  
Natalia Kaufman
Keyword(s):  
Financial Market ◽  
Asset Management ◽  
Financial Services ◽  
Business Models ◽  
Business Processes ◽  
Banking Services ◽  
Currency Exchange ◽  
Banking Business ◽  
Money Transfers ◽  
High Level

The models for the implementation and development of financial services and services are changing due to the global transformation of the financial and economic sphere, which is caused by the emergence of innovative financial technologies. This leads to a fundamental change in the financial market and the factors that determine the leading positions of its participants. Only the use of innovative technologies in the banking business ensures a high level of competitiveness in the market and further expansion of the client base. Banks are rebuilding traditional financial business models through cooperation with FinTech-industry, reforming business processes in areas such as banking services for individuals, lending and financing, payments, money transfers, asset management, currency exchange, insurance, blockchain transactions. The purpose of the article is to identify the main trends in the development of new financial technologies of banking. The authors identify the most important technologies that ensure the dynamic development of the global financial market and the fundamental transformation of the banking business in the past decade. In the article, the authors investigate the degree of their prevalence and the main areas of application in the field of banking, consider the successful practices of implementing of FinTech in the development of financial services.

Mafia, money-laundering and the battle against criminal capital: the Italian case

2018 ◽  
Vol 21 (2) ◽  
pp. 124-133 ◽  
Author(s):  
Yara El Siwi
Keyword(s):  
Money Laundering ◽  
Asset Management ◽  
Organised Crime ◽  
Future Research ◽  
Content Type ◽  
Italian Case ◽  
Investment Opportunities ◽  
To Come ◽  
Financial Intelligence ◽  
The Relationship

Purpose This paper aims to look at the case of Italy, which clearly stands out in its relationship with organised crime. The recognition that money is the “lifeblood” of OC has resulted in the implementation of what we can refer to as the anti-money laundering (AML) regime, which backs the systematic targeting of mafia assets and the application of severe obstacles to the concealment of dirty money through increased financial surveillance. This paper discusses the financialisation of counter-mafia strategies, with the purpose of questioning the extent to which this system has been delivering what it promised. Design/methodology/approach The paper is divided into three chapters. The first chapter looks at the relationship between Italian mafia and dirty money. The second chapter discusses the rationale and pillars of the AML regime. Finally, the last section examines and discusses recent evidence of the outcome of AML policies, by looking at figures as reported by relevant entities, such as the Financial Intelligence Unit (FIU), Europol, the Italian Ministry of Interior and the Direzione Investigativa Anti-Mafia (DIA). Findings Evidence suggests that financial surveillance, the first pillar of the AML regime, is much costlier than it is beneficial to society. Reporting of suspicions has rocketed in the past years, bringing very little change to yearly ML convictions, and being only marginally helpful in mafia-related investigations, confiscations and arrests. The confiscation of assets from mafia members, i.e. the second pillar of the AML regime, has proven to be effective in gaining control over large sums and goods. However, more research is needed around the question of confiscated asset-management and desirable re-investment opportunities. Originality/value As the AML regime gains in prominence internationally, it is of great value to assess its achievements so far. This is especially true of a country like Italy, which suffers from a long-standing mafia dominance. This paper represents a modest initial inquiry, which will hopefully be complemented by future research to come to an in-depth understanding of the value and limitations of an AML regime in fighting OC.

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