scholarly journals POSSIBLE THREATS, OBSTACLES AND LIMITATIONS IN IMPLEMENTATION OF BUSINESS INTELLIGENT IN BULGARIAN SMALL AND MEDIUM-SIZED ENTERPRISES

2020 ◽  
Vol v8 (2) ◽  
pp. 7-15
Author(s):  
Melina Neykova

Intelligent information systems for business analysis are a strategic tool that enables different sized organizations to analyze and manage huge amounts of business information. Therefore, in recent years, the information and communication technology industry continuously generates intelligent solutions that perform fast retrieval, transformation, organization, analysis and summarization of large amounts of data. Simultaneously the type and number of business intelligent solutions on the market is steadily growing, which in turn can affect the possibility of failure in the process of perception and implementation of the chosen solution in Bulgarian small and medium-sized enterprises. In this sense, the analysis performed in the presented article is valuable for Bulgarian managers, as it is aimed at studying the factors - the most common threats, obstacles and limitations that affect the process of introducing modern business intelligent systems as part of the policy for improvement of the existing information and communication system in Bulgarian small and medium-sized enterprises.

Author(s):  
Vojko Potocan ◽  
Matjaž Mulej

Modern business environments require innovated business concepts. Meeting them in enterprises’ functioning depends also on creation and implementation of appropriate information support. In terms of contents, information support and information must be reliable to not be misinformation; information and communication technology is not enough for it because information means impact. Potential errors on the long path from data to information must hence be prevented. A one-sided approach, which belongs to the practices of professionals as narrow specialists, can prevent errors and misinformation rarely – when rather one-sided information is enough. More complex situation and processes require a more holistic approach that, in its turn, requires interdisciplinary creative co-operation of specialists of various interdependent professions. The authors try to contribute to discussion about reliability of information by thinking how can one tackle the data-to-information-to-decision process in order to diminish dangers of poor reliability of information/decision.


2019 ◽  
Vol 9 (2) ◽  
Author(s):  
Shabib-Ahmed Shaikha ◽  
Tarun Kumar Singhalb

Software technology is seeing enormous growth as it is used in all fields of technology. It is continuously evolving at a rapid pace and has a short span of the technological life cycle. The use of the software is not restricted only to information and communication technology but is used in all fields of technology. In many cases, the inventive step of a product or service lies solely in the software. Hence, the software plays a crucial role in all fields of technology. However, ease of copying poses a financial risk for the software industry, thereby creating major disincentives to the development of innovation. Still, the technology is changing very fast and firms investing in this technology expect quick returns on their innovation investments. Strategies for generating and managing intellectual property have subsequently taken center stage for information and communication technology companies, and patents have become an important feature providing maximum protection for any technology. Hence, intellectual property rights strategies in general and patenting strategies especially play a crucial role in the information and communication technology industry to be globally competitive. Firms never publish or disclose their intellectual property strategies; hence, this study makes use of the literature review to highlight various intellectual property management strategies used by information and communication technology firms for managing their intellectual property. These strategies can be offensive or defensive and may be used as proactive or reactive depending on various aspects such as market, territory, technology, or time. The insights provided in this work may help the research community from the IT domain in industry and academia to learn and modify their strategies for patent acquisition.


2020 ◽  
Vol 10 (3) ◽  
pp. 853
Author(s):  
Dariusz Gotlib ◽  
Tomasz Kulisiewicz ◽  
Mieczysław Muraszkiewicz ◽  
Robert Olszewski

Given the relentless development of intelligent information and communication technology (ICT) systems, a growing need for cities to transform towards smart solutions and, on the other hand, a lack of firm methodological approaches to implement such transformations, the paper contributes to establishing a theory for modeling the transformation of cities towards sustainable, smart cities. The article presents the results of research: a model and a visualization method for supporting cities in elaborating and implementing transformation strategies. The authors’ experience is that intelligible, algorithmizable, and easily visualized models are being sought to assist city authorities in making informed decisions regarding the development of their cities. The paper proposes the concepts of the smartness zone and sustainability corridor, which allow one to devise and visualize the process of a city’s development and transformation in a simple, coherent, and comprehensible way, and to observe and monitor its development path. It presents a new generic instrument for modeling transformation strategies, which are the tools addressed to municipal authorities, analysts, and developers who can use them in order to design, implement, monitor, and optimize transformation strategies towards smart cities.


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