The Importance of Implementing Big Data Analytics Concepts in Companies

2020 ◽  
pp. 53-74
Author(s):  
Savo Stupar ◽  
Mirha Bičo Ćar ◽  
Elvir Šahić
Keyword(s):  
Big Data ◽  
Information And Communication Technologies ◽  
Big Data Analytics ◽  
Communication Technologies ◽  
Human Society ◽  
New Paradigm ◽  
Amount Of Information ◽  
Time Period ◽  
Information And Communication ◽  
Entire History

The unimaginable speed of the development of information and communication technologies has led to the fact that in the time period from 2009 to 2012, human society generated and saved more information than in the entire history until then. As estimated in 2013, approximately 1,200 exabytes were generated around the world, and this vast amount of information is doubled every three years. This would mean that estimated amount of generated data for 2019 is approximately 4800 exabytes, that is, three times more than the total amount information generated throughout the history. Since such a large amount of information cannot be stored or processed (and especially not in real or reasonable time) using the common methods of storing and processing data, a new paradigm of storage, processing and management of large quantities, variety and data processing speed has emerged under the name big data concept.

scholarly journals Managing Large Amounts of Data Generated by a Smart City Internet of Things Deployment

2016 ◽  
Vol 12 (4) ◽  
pp. 22-42 ◽  
Author(s):  
Jorge Lanza ◽  
Pablo Sotres ◽  
Luis Sánchez ◽  
Jose Antonio Galache ◽  
Juan Ramón Santana ◽  
...  
Keyword(s):  
Big Data ◽  
Internet Of Things ◽  
Information And Communication Technologies ◽  
Smart City ◽  
Smart Cities ◽  
Communication Technologies ◽  
Added Value ◽  
Amount Of Information ◽  
Information And Communication ◽  
The City

The Smart City concept is being developed from a lot of different axes encompassing multiple areas of social and technical sciences. However, something that is common to all these approaches is the central role that the capacity of sharing information has. Hence, Information and Communication Technologies (ICT) are seen as key enablers for the transformation of urban regions into Smart Cities. Two of these technologies, namely Internet of Things and Big Data, have a predominant position among them. The capacity to “sense the city” and access all this information and provide added-value services based on knowledge derived from it are critical to achieving the Smart City vision. This paper reports on the specification and implementation of a software platform enabling the management and exposure of the large amount of information that is continuously generated by the IoT deployment in the city of Santander.

scholarly journals Industrial Big Data Analytics and Cyber-Physical Systems for Future Maintenance & Service Innovation

2021 ◽  
Author(s):  
Temitope O Awodiji
Keyword(s):  
Big Data ◽  
Information And Communication Technologies ◽  
Manufacturing Industry ◽  
Big Data Analytics ◽  
Communication Technologies ◽  
Cyber Physical Systems ◽  
Physical Systems ◽  
Industrial Big Data ◽  
Maintenance Service ◽  
Information And Communication

Based on Information and Communication Technologies (ICT) fast advancement and the integration of advanced analytics into manufacturing, products, and services, several industries face new opportunities and at the identical time challenges of maintaining their ability and market desires. Such integration, that is termed Cyber-physical Systems (CPS), is remodeling the industry into a future level. CPS facilitates the systematic conversion of big data into information that reveals invisible patterns of deterioration and inefficiency and leads to better decision-making. This project focuses on existing trends within the development of industrial huge information analytics and CPS. Then it, in brief, discusses a system architecture for applying CPS in manufacturing referred to as 5C. The 5C architecture, comprises necessary steps to totally integrate cyber-physical systems within the manufacturing industry.

Understanding the gendered nature of developing country MSMEs’ access, adoption and use of information and communication technologies for development (ICT4D)

2020 ◽  
Vol 12 (3) ◽  
pp. 273-295
Author(s):  
Elisa Mohanty ◽  
Anindya Jayanta Mishra
Keyword(s):  
Information And Communication Technologies ◽  
Small And Medium Enterprises ◽  
Communication Technologies ◽  
Dark Side ◽  
Future Research ◽  
Power Dynamics ◽  
Content Type ◽  
Time Period ◽  
Information And Communication ◽  
Medium Enterprises

Purpose The widespread use of information and communication technologies (ICTs) has had a significant effect on various groups and communities of people including micro, small and medium enterprises (MSMEs) and their owners/managers. The current study aims to analyze recent literature regarding adoption of ICTs by MSMEs. Further, it tries to locate gender within this broader context of diffusion of ICTs among MSMEs. Design/methodology/approach Using the thematic analysis approach, the research articles pertaining to six leading journals on ICTs, gender and entrepreneurship published during the time period from 2011 to 2019 are reviewed. Findings The literature selected for the study has been discussed under two primary categories, viz. “adoption of information and communication technologies for development (ICT4D) for business purposes” and “insights on gender in ICT4D use by MSMEs.” Research limitations/implications The context-dependent nature of ICT use can enable future entrepreneurs to assess the scope of specific ICTs in given areas of operation. The gendered nature of ICTs helps to evaluate as well as question the empowerment potential of ICTs. The study emphasizes the need to account for historical specificities and transnational linkages in understanding access, adoption and use of ICT4D by women MSME entrepreneurs. Originality/value The study bridges together literature on ICT4D use by MSMEs and the role of gender in ICT-mediated entrepreneurial environments. While unraveling the interplay of power dynamics in such environments, the scope for future research in terms of tapping into the content of information exchanges and exploring the implications of “dark side of internet” for women MSME entrepreneurs is also indicated.

Assessment of investment attractiveness for regional sustainable development using methods of economic, statistical and factor analysis

2021 ◽  
pp. 65-81
Author(s):  
Svetlana L. Lozhkina ◽  
Alexander A. Novikov ◽  
Elena A. Chepkasova ◽  
Elena V. Novikova
Keyword(s):  
Sustainable Development ◽  
Factor Analysis ◽  
Information And Communication Technologies ◽  
Descriptive Analysis ◽  
Communication Technologies ◽  
Financial Resources ◽  
Human Society ◽  
Fundamental Goal ◽  
Information And Communication ◽  
Regional Sustainable Development

The modern stage of civilizational processes puts forward "sustainable development" as the fundamental goal, considering this the most important vector of promising transformations of human society. This stage of globalization development reveals the need to make the above processes not spontaneous, but controlled, which can be implemented, inter alia, through a qualitative transformation of tools and technologies used to monitor and predict the development of individual territories. The article presents a methodology for a comprehensive assessment of the investment attractiveness of a region using methods of integrated statistical assessment, including methods of descriptive analysis, and using the method of factor analysis. This method allows monitoring the level of development of information and communication technologies in the region as a whole, as well as in the context of individual types of economic activity in order to determine the main points of bifurcation for the concentration of financial resources in the development of ICT and increase the investment potential of the region as a whole.

New technology and career development in vocational guidance and career counseling: what is the challenge?

RISORSA UOMO ◽  
2012 ◽  
pp. 151-162
Author(s):  
Keyword(s):  
Career Development ◽  
Information And Communication Technologies ◽  
Career Counseling ◽  
New Technology ◽  
Communication Technologies ◽  
Vocational Guidance ◽  
New Paradigm ◽  
Career Service ◽  
Depth Study ◽  
Information And Communication

This work aims to present the emerging challenge of Information and Communication Technologies (ICT) for career development in vocational guidance and career counseling. Based on the new paradigm for the 21st century, Life Designing Counseling, the use of ICT is suggested as favoring flexible and dynamic career construction processes. Various instruments for career counseling online are presented, the theme of accessibility is discussed in terms of cost/effectiveness of career service to prevent the risk of unintentional social injustice and to favor a greater correspondence between career services and the needs of individuals. This work permits an in depth study of the complexity of ICT, with the aims of understanding its opportunities and limits, offering new perspectives in research and intervention.

On Internet of Things and Big Data in University Courses

2019 ◽  
pp. 1393-1406
Author(s):  
Dmitry Namiot ◽  
Manfred Sneps-Sneppe
Keyword(s):  
Big Data ◽  
Internet Of Things ◽  
Information And Communication Technologies ◽  
Smart Cities ◽  
Communication Technologies ◽  
Machine To Machine ◽  
University Courses ◽  
Information And Communication ◽  
The University ◽  
Educational Course

In this paper, the authors discuss Internet of Things educational programs for universities. The authors' final goal is to provide a structure for a new educational course for Internet of Things and related areas such as Machine to Machine communications and Smart Cities. The Internet of Things skills are in high demands nowadays and, of course, Internet of Things models, as well as appropriate Big Data proceedings elements should have a place in the university courses. The purpose of the proposed educational course is to cover information and communication technologies used in Internet of Things systems and related areas, such as Smart Cities. The educational course proposed in this paper aims to introduce students to modern information and communication technologies and create the formation of competencies needed for such areas as Machine to Machine communications, Internet of Things, and Smart Cities. Also, the authors discuss Big Data issues for IoT course and explain the importance of data engineering.

Towards a Secure, Distributed, and Reliable Cloud-Based Reference Architecture for Big Data in Smart Cities

2019 ◽  
pp. 38-70 ◽  
Author(s):  
Jens Kohler ◽  
Thomas Specht
Keyword(s):  
Big Data ◽  
Information And Communication Technologies ◽  
Traffic Management ◽  
Smart Cities ◽  
Communication Technologies ◽  
Distributed Data ◽  
Reference Architecture ◽  
Urban Services ◽  
Confidential Data ◽  
Information And Communication

Current revolutions with respect to big data affect people's everyday life more and more. New ways of living, communication, and knowledge sharing have been created under the smart city umbrella. Information and communication technologies (ICT) are used to improve urban services. Examples are car sharing, energy consumption, adaptive traffic management, etc. A closer look at these services reveals that data, produced and consumed by people (or automatically by devices), are the cornerstone for working and reliable urban services. For this, large volumes of data with a great variety have to be processed at a high velocity which is commonly known as big data. This chapter designs a secure, distributed, and reliable cloud-based reference architecture that logically separates confidential data and distributes them to various databases in different clouds. It increases the reliability of the distributed data with high-availability mechanisms to protect data against various threads (e.g., hackers, terrorists, data collecting companies, etc.).

The New “ABC” of ICTs (Analytics + Big Data + Cloud Computing)

Big Data ◽  
2016 ◽  
pp. 2165-2198
Author(s):  
José Carlos Cavalcanti
Keyword(s):  
Cloud Computing ◽  
Big Data ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Data Capture ◽  
Unstructured Data ◽  
Network Computing ◽  
Time Data ◽  
Trade Off ◽  
Information And Communication

Analytics (discover and communication of patterns, with significance, in data) of Big Data (basically characterized by large structured and unstructured data volumes, from a variety of sources, at high velocity - i.e., real-time data capture, storage, and analysis), through the use of Cloud Computing (a model of network computing) is becoming the new “ABC” of information and communication technologies (ICTs), with important effects for the generation of new firms and for the restructuring of those ones already established. However, as this chapter argues, successful application of these new ABC technologies and tools depends on two interrelated policy aspects: 1) the use of a proper model which could help one to approach the structure and dynamics of the firm, and, 2) how the complex trade-off between information technology (IT) and communication technology (CT) costs is handled within, between and beyond firms, organizations and institutions.

The New “ABC” of ICTs (Analytics + Big Data + Cloud Computing)

2016 ◽  
pp. 152-186
Author(s):  
José Carlos Cavalcanti
Keyword(s):  
Cloud Computing ◽  
Big Data ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Data Capture ◽  
Unstructured Data ◽  
Network Computing ◽  
Time Data ◽  
Trade Off ◽  
Information And Communication

Analytics (discover and communication of patterns, with significance, in data) of Big Data (basically characterized by large structured and unstructured data volumes, from a variety of sources, at high velocity - i.e., real-time data capture, storage, and analysis), through the use of Cloud Computing (a model of network computing) is becoming the new “ABC” of information and communication technologies (ICTs), with important effects for the generation of new firms and for the restructuring of those ones already established. However, as this chapter argues, successful application of these new ABC technologies and tools depends on two interrelated policy aspects: 1) the use of a proper model which could help one to approach the structure and dynamics of the firm, and, 2) how the complex trade-off between information technology (IT) and communication technology (CT) costs is handled within, between and beyond firms, organizations and institutions.

scholarly journals Modern aspects of the application of information and communication technologies in the management of the statistical industry of the Republic of Uzbekistan

2019 ◽  
Vol 2 (4) ◽  
pp. 70-77
Author(s):  
Zhukovskaya Irina Evgenievna
Keyword(s):  
Information System ◽  
Big Data ◽  
Information And Communication Technologies ◽  
National Economy ◽  
Communication Technologies ◽  
Economic Market ◽  
Managerial Decisions ◽  
Information And Communication ◽  
The Republic ◽  
Big Data Technology

This article discusses the modern aspects of the application of information and communication technologies (ICT) in the management of the statistical industry of the Republic of Uzbekistan. The article shows that at present, ICTs are an important factor in the development of industries and spheres of the national economy. An information system has been formed in the statistical industry, which is currently being transformed under the influence of advanced technological solutions, including big data technology, which contributes to the competent adoption of managerial decisions and the effective functioning of the industry in the economic market.

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