Big Data in Shipbuilding

2014 ◽  
Author(s):  
Patrick L. David ◽  
Patrick D. Roberts

Recent strides in data analytics have uncovered interesting and actionable correlations across many different industries. Organizations are finding opportunities for making more intelligent business decisions by enhancing data with new insights and sources of information. In many cases these insights are gleaned through deeper analytics of existing data. The relatively large amount of information generated through the shipbuilding enterprise, coupled with rapidly advancing methods for optimizing data capture, points to a rapid convergence on exploiting data analytics for enhanced business decision making. An ad-hoc working group was formed consisting of multiple US shipyards with broad representation across the NSRP to investigate opportunities to leverage modern data analytics.

Author(s):  
Zhaohao Sun

Intelligent big data analytics is an emerging paradigm in the age of big data, analytics, and artificial intelligence (AI). This chapter explores intelligent big data analytics from a managerial perspective. More specifically, it first looks at the age of trinity and argues that intelligent big data analytics is at the center of the age of trinity. This chapter then proposes a managerial framework of intelligent big data analytics, which consists of intelligent big data analytics as a science, technology, system, service, and management for improving business decision making. Then it examines intelligent big data analytics for management taking into account four managerial functions: planning, organizing, leading, and controlling. The proposed approach in this chapter might facilitate the research and development of intelligent big data analytics, big data analytics, business intelligence, artificial intelligence, and data science.


2020 ◽  
Vol 98 ◽  
pp. 68-78 ◽  
Author(s):  
Aseem Kinra ◽  
Samaneh Beheshti-Kashi ◽  
Rasmus Buch ◽  
Thomas Alexander Sick Nielsen ◽  
Francisco Pereira

2021 ◽  
pp. 67-74
Author(s):  
Liudmyla Zubyk ◽  
Yaroslav Zubyk

Big data is one of modern tools that have impacted the world industry a lot of. It also plays an important role in determining the ways in which businesses and organizations formulate their strategies and policies. However, very limited academic researches has been conducted into forecasting based on big data due to the difficulties in capturing, collecting, handling, and modeling of unstructured data, which is normally characterized by it’s confidential. We define big data in the context of ecosystem for future forecasting in business decision-making. It can be difficult for a single organization to possess all of the necessary capabilities to derive strategic business value from their findings. That’s why different organizations will build, and operate their own analytics ecosystems or tap into existing ones. An analytics ecosystem comprising a symbiosis of data, applications, platforms, talent, partnerships, and third-party service providers lets organizations be more agile and adapt to changing demands. Organizations participating in analytics ecosystems can examine, learn from, and influence not only their own business processes, but those of their partners. Architectures of popular platforms for forecasting based on big data are presented in this issue.


2021 ◽  
Vol 5 (12) ◽  
pp. 30-35
Author(s):  
Edward N. Ozhiganov ◽  
◽  
Alexander A. Chursin ◽  
Alexey D. Linkov ◽  
◽  
...  

This article describes a relation between sociotechnical and technological factors involved in launching and implementing Business Intelligence systems. Advanced BI systems include business analytics, data mining, data visualization, data tools and infrastructure, and advanced IT solutions to support business decisions based on big data. Various industries and businesses handle large amounts of data to adapt to changing markets and demand fluctuations, push new technologies, and repair ineffective strategies, etc. With an upsurge in data sizes, more and more new research papers are published today to describe BI implemen-tation, use and results. However, today most studies and scientific publications focus on Business Intelligence technological challenges, while sociotechnical aspects – that is processes involved in business decision mak-ing based on big data – are studied in much rarer cases.


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