scholarly journals Data Mining for Small and Medium Enterprises: A Conceptual Model for Adaptation

2020 ◽  
Vol 12 (05) ◽  
pp. 183-197
Author(s):  
Tariq Saeed
Data Mining ◽  
2013 ◽  
pp. 920-946
Author(s):  
Laura Giurca Vasilescu ◽  
Marian Siminica ◽  
Cerasela Pirvu ◽  
Costel Ionascu ◽  
Anca Mehedintu

The small and medium enterprises (SMEs) represent the backbone of the economy, playing a major economic and social role in the process of developing a dynamic economy. But the recent evolutions in the financial markets, the international financial crisis, the increased competition on markets, the lack of financial resources and the insufficient adaptation of many firms to the requests of the European market are new threats which can determine the bankruptcies of the Romanian SMEs. In this context, starting from the necessity to design an early warning system, we will elaborate a new model for analysis of bankruptcy risk for the Romanian SMEs that combine two main categories of indicators: financial ratios and non-financial indicators. The authors’ analysis is based on data mining techniques (CHAID) in order to identify the firms’ categories accordingly to the bankruptcy risk levels. Through the proposed analysis model they try to offer a real surveillance system for the Romanian SMEs which can allow an early signal regarding the bankruptcy risk.


Author(s):  
Laura Giurca Vasilescu ◽  
Marian Siminica ◽  
Cerasela Pirvu ◽  
Costel Ionascu ◽  
Anca Mehedintu

The small and medium enterprises (SMEs) represent the backbone of the economy, playing a major economic and social role in the process of developing a dynamic economy. But the recent evolutions in the financial markets, the international financial crisis, the increased competition on markets, the lack of financial resources and the insufficient adaptation of many firms to the requests of the European market are new threats which can determine the bankruptcies of the Romanian SMEs. In this context, starting from the necessity to design an early warning system, we will elaborate a new model for analysis of bankruptcy risk for the Romanian SMEs that combine two main categories of indicators: financial ratios and non-financial indicators. The authors‘ analysis is based on data mining techniques (CHAID) in order to identify the firms’ categories accordingly to the bankruptcy risk levels. Through the proposed analysis model they try to offer a real surveillance system for the Romanian SMEs which can allow an early signal regarding the bankruptcy risk.


Author(s):  
Gheorghe Grigoraș ◽  
Bogdan-Constantin Neagu

The paper presents a new vision on the energy consumption management in the case of the Small and Medium Enterprises (SMEs), integrated into an advanced decision support platform, with technical and economic benefits on increasing the energy efficiency, which contains modules for database management, profiling, forecasting, and production scheduling. Inside each module, Artificial Intelligence and Data Mining techniques were proposed to remove the uncertainties regarding the dynamic of technological flows. Thus, the data management module includes the Data Mining techniques, that extract the technical details on the energy consumption needed in the development of production scheduling strategies, the profiling module uses an original approach based on clustering techniques to determine the typical energy consumption profiles required in the optimal planning of the activities, the forecasting module contains a new approach based on an expert system to forecast the total energy consumption of the SMEs, and production scheduling module integrates a heuristic optimization method to obtain the optimal solutions in flattening the energy consumption profile. The testing was done for a small enterprise from Romania, belonging to the domain of trade and repair of vehicles. The obtained results highlighted the advantages of the proposed decision support platform on the decrease in the intensity of energy consumption per unit of product, reduction of the purchase costs, and modification of the impact whom the energy bills have on the operational costs.


2020 ◽  
Vol 6 (2) ◽  
pp. 54
Author(s):  
Faizah Mashahadi ◽  
Noor Hazlina Ahmad

Small and Medium Enterprises (SMEs) have been the core agents in accelerating growth and providing jobs opportunities for the nation. Indeed, with industrial revolution rapidly evolving, there is a stronger exigency for SMEs to explore new opportunities aims to enhance efficiency so that SMEs able to compete and grow internationally. Recent development has heightened the need for SMEs to involve in innovation activity as the means to improve competitiveness and sustaining performance becoming a reality. Many studies emphasize on the critical role of innovation ambidexterity in determining SMEs success but the existing studies yet to conclude the predecessor of innovation ambidexterity in internationally operated SMEs. This article aims to provide a conceptual model that explores the potential of international entrepreneurial orientation in determining innovation ambidexterity in international SMEs in Malaysia.


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