Risks in Adoption and Implementation of Big Data Analytics

2021 ◽  
Vol 10 (3) ◽  
pp. 1-11
Author(s):  
Rajasekhara Mouly Potluri ◽  
Narasimha Rao Vajjhala
Keyword(s):  
Big Data ◽  
Data Analytics ◽  
Data Privacy ◽  
Small And Medium Enterprises ◽  
Big Data Analytics ◽  
Small Companies ◽  
Privacy And Security ◽  
Adoption And Implementation ◽  
Research Outcome ◽  
Medium Enterprises

The research investigates the risks in adopting and implementing big data analytics in Indian micro, small, and medium enterprises (MSMEs). The researchers outlined a survey questionnaire for accumulating reactions from managers working in 50 Indian micro, small, and medium-sized enterprises on behalf of five vital commercial sectors. The application and use of big data analytics offer several significant problems for small companies as an investment in hardware and software resources are substantial. This study's findings provided experimental evidence on five critical challenges that Indian MSMEs face while adopting and implementing big data analytics: lack of human resources, data privacy and security, shortage of technological resources, deficiency of awareness, and financial implications. This study's findings emphasize the challenges that MSMEs face while leveraging big data analytics benefits. The research outcome will promote MSMEs' organizational leadership in planning and developing short-term and long-term information systems strategies.

scholarly journals JAPAN’S EXPERIENCE IN USING ANALYTICS OF BIG DATA TO REDUCE CREDIT RISK IN FINANCING SMALL AND MEDIUM ENTERPRISES

2019 ◽  
pp. 182-187
Author(s):  
S. Matveevskii
Keyword(s):  
Big Data ◽  
Credit Risk ◽  
Data Analytics ◽  
Small And Medium Enterprises ◽  
Big Data Analytics ◽  
Subject Area ◽  
Development Bank ◽  
Financial Model ◽  
Bank Account ◽  
Medium Enterprises

The experience of Japanese experts in using big data analytics to reduce credit risk when financing small and medium-sized enterprises has been reviewed. Three multiple regression models were used to predict the likelihood of medium-sized enterprises default. The results of the study have showed, that the bank account model complements the financial model well, which will allow credit organizations to increase lending to medium-sized enterprises. It has been concluded, that the use of big data analytics requires the development of an information model of the subject area, which will provide a significant improvement in lending to medium-sized enterprises in Russia. The experience of the Asian Development Bank in researching the activities of medium-sized enterprises shows the practical possibility of using big data analytics by any development bank.

Big data analytics adoption model for small and medium enterprises

2020 ◽  
Vol 11 (4) ◽  
pp. 483-513 ◽  
Author(s):  
Parisa Maroufkhani ◽  
Wan Khairuzzaman Wan Ismail ◽  
Morteza Ghobakhloo
Keyword(s):  
Big Data ◽  
Data Analytics ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Big Data Analytics ◽  
Mediation Effect ◽  
Unified Framework ◽  
Content Type ◽  
Medium Enterprises ◽  
The Relationship

Purpose Big data analytics (BDA) is recognized as a turning point for firms to improve their performance. Although small- and medium-sized enterprises (SMEs) are crucial for every economy, they are lagging far behind in the usage of BDA. This study aims to provide a single and unified model for the adoption of BDA among SMEs with the integration of the technology–organization–environment (TOE) model and resource-based view. Design/methodology/approach A survey of 112 manufacturing SMEs in Iran was conducted, and the data were analysed using structural equation modelling to test the model of this study. Findings The results offer evidence of a BDA mediation effect in the relationship between technological, organizational and environmental contexts, and SMEs performance. The findings also demonstrated that technological and organizational elements are the more significant determinants of BDA adoption in the context of SMEs. In addition, the result of this study confirmed that BDA adoption could enhance the financial and market performance of SMEs. Practical implications Providing a single unified framework of BDA adoption for SMEs enables them to appreciate the importance of most influential elements (technology, organization and environment) in the adoption of BDA. Also, this study may encourage SMEs to be more willing to use BDA in their businesses. Originality/value Although there are studies on BDA adoption and firm performance among large companies, there is a lack of empirical research on SMEs, in particular, based on the TOE model. SMEs differ from large companies in terms of the availability of resources and size. Therefore, this study aimed to initiate a conceptual framework of BDA adoption for SMEs to assist them to be able to take advantage of the adoption of such technology.

scholarly journals Privacy-Aware Data Forensics of VRUs Using Machine Learning and Big Data Analytics

2021 ◽  
Vol 2021 ◽  
pp. 1-9
Author(s):  
Muhammad Babar ◽  
Muhammad Usman Tariq ◽  
Ahmed S. Almasoud ◽  
Mohammad Dahman Alshehri
Keyword(s):  
Machine Learning ◽  
Big Data ◽  
Traffic Control ◽  
Data Analytics ◽  
Data Privacy ◽  
Big Data Analytics ◽  
Processing Unit ◽  
Privacy And Security ◽  
User Data ◽  
Data Ingestion

The present spreading out of big data found the realization of AI and machine learning. With the rise of big data and machine learning, the idea of improving accuracy and enhancing the efficacy of AI applications is also gaining prominence. Machine learning solutions provide improved guard safety in hazardous traffic circumstances in the context of traffic applications. The existing architectures have various challenges, where data privacy is the foremost challenge for vulnerable road users (VRUs). The key reason for failure in traffic control for pedestrians is flawed in the privacy handling of the users. The user data are at risk and are prone to several privacy and security gaps. If an invader succeeds to infiltrate the setup, exposed data can be malevolently influenced, contrived, and misrepresented for illegitimate drives. In this study, an architecture is proposed based on machine learning to analyze and process big data efficiently in a secure environment. The proposed model considers the privacy of users during big data processing. The proposed architecture is a layered framework with a parallel and distributed module using machine learning on big data to achieve secure big data analytics. The proposed architecture designs a distinct unit for privacy management using a machine learning classifier. A stream processing unit is also integrated with the architecture to process the information. The proposed system is apprehended using real-time datasets from various sources and experimentally tested with reliable datasets that disclose the effectiveness of the proposed architecture. The data ingestion results are also highlighted along with training and validation results.

scholarly journals Big data analytics-A review of data-mining models for small and medium enterprises in the transportation sector

2018 ◽  
Vol 8 (3) ◽  
pp. e1238 ◽  
Author(s):  
Siti Aishah Mohd Selamat ◽  
Simant Prakoonwit ◽  
Reza Sahandi ◽  
Wajid Khan ◽  
Manoharan Ramachandran
Keyword(s):  
Data Mining ◽  
Big Data ◽  
Data Analytics ◽  
Small And Medium Enterprises ◽  
Big Data Analytics ◽  
Transportation Sector ◽  
Medium Enterprises

scholarly journals Big Data Analytics in Medicine and Healthcare

2018 ◽  
Vol 15 (3) ◽  
Author(s):  
Blagoj Ristevski ◽  
Ming Chen
Keyword(s):  
Big Data ◽  
Data Analytics ◽  
Data Privacy ◽  
Big Data Analytics ◽  
Heterogeneous Data ◽  
Distributed Data ◽  
Biomedical Data ◽  
Privacy And Security ◽  
Distributed Data Processing ◽  
Data Processing Software

Abstract This paper surveys big data with highlighting the big data analytics in medicine and healthcare. Big data characteristics: value, volume, velocity, variety, veracity and variability are described. Big data analytics in medicine and healthcare covers integration and analysis of large amount of complex heterogeneous data such as various – omics data (genomics, epigenomics, transcriptomics, proteomics, metabolomics, interactomics, pharmacogenomics, diseasomics), biomedical data and electronic health records data. We underline the challenging issues about big data privacy and security. Regarding big data characteristics, some directions of using suitable and promising open-source distributed data processing software platform are given.

scholarly journals I-Os in the Vanguard of Big Data Analytics and Privacy

2015 ◽  
Vol 8 (4) ◽  
pp. 555-563 ◽  
Author(s):  
Adam J. Ducey ◽  
Nigel Guenole ◽  
Sara P. Weiner ◽  
Hailey A. Herleman ◽  
Robert E. Gibby ◽  
...  
Keyword(s):  
Big Data ◽  
Informed Consent ◽  
Data Analytics ◽  
Data Privacy ◽  
Big Data Analytics ◽  
Global Scale ◽  
Data Sources ◽  
Critical Elements ◽  
The World

In this response to Guzzo, Fink, King, Tonidandel, and Landis (2015), we suggest industrial–organizational (I-O) psychologists join business analysts, data scientists, statisticians, mathematicians, and economists in creating the vanguard of expertise as we acclimate to the reality of analytics in the world of big data. We enthusiastically accept their invitation to share our perspective that extends the discussion in three key areas of the focal article—that is, big data sources, logistic and analytic challenges, and data privacy and informed consent on a global scale. In the subsequent sections, we share our thoughts on these critical elements for advancing I-O psychology's role in leveraging and adding value from big data.

scholarly journals A Survey on Security Models for Data Privacy in Big Data Analytics

2018 ◽  
Vol 7 (S1) ◽  
pp. 87-89
Author(s):  
Avula Satya Sai Kumar ◽  
S. Mohan ◽  
R. Arunkumar
Keyword(s):  
Big Data ◽  
Access Control ◽  
Data Analytics ◽  
Data Privacy ◽  
Big Data Analytics ◽  
Private Key ◽  
Access Structures ◽  
Security Models ◽  
Attribute Based Encryption ◽  
And Performance

As emerging data world like Google and Wikipedia, volume of the data growing gradually for centralization and provide high availability. The storing and retrieval in large volume of data is specialized with the big data techniques. In addition to the data management, big data techniques should need more concentration on the security aspects and data privacy when the data deals with authorized and confidential. It is to provide secure encryption and access control in centralized data through Attribute Based Encryption (ABE) Algorithm. A set of most descriptive attributes is used as categorize to produce secret private key and performs access control. Several works proposed in existing based on the different access structures of ABE algorithms. Thus the algorithms and the proposed applications are literally surveyed and detailed explained and also discuss the functionalities and performance aspects comparison for desired ABE systems.

Big Data Management

2017 ◽  
Vol 7 (3) ◽  
pp. 44-55 ◽  
Author(s):  
Kijpokin Kasemsap
Keyword(s):  
Big Data ◽  
Literature Review ◽  
Data Management ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Health Care Industry ◽  
Business Leaders ◽  
Privacy And Security ◽  
Review Analysis ◽  
Using Data

The objective of this article is to provide the advanced issues and approaches of big data management. The literature review indicates the overview of big data management; the aspects of Big Data Analytics (BDA); the importance of big data management; the methods for big data management; the privacy and security concerns of big data management; and the big data management in the health care industry. Organizations that have been successful in working with effective big data management have accomplished this issue using data to help make sense of the information. The volume of data that companies are able to gather about customers and market conditions can provide business leaders with insights into new revenue and business opportunities, presuming they can spot the opportunities in vast amounts of data. The literature review analysis provides both practitioners and researchers an important understanding about big data management in modern organizations.

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