Big Data and High-Performance Analyses and Processes

The period of vast information and examination has arrived and is changing the world significantly. The field of information frameworks ought to be at the bleeding edge of comprehension and deciphering the effect of the two innovations and administration to lead the endeavors of business to inquire about in the information period. In this chapter, the author investigates administrative issues of business change coming about because of the original appropriation and inventive uses of information sciences in business. The author ends by giving an analysis of big data that covers all the analytical processes and future research headings.

Digitalization in Software Engineering and IT Business

Competition in industry of software production as well as in IT sector has special features. Understanding current trends and complex connections between software industry and world economic development gives new ideas about competition in the IT domain. One of the key trends is digital transformation. It is supported by software, but it also has a strong impact on the software development industry and provides the new opportunities in software production and IT business change management. The main idea of the paper is total automation and a focus on measurable processes that give a continual flow of digital data that should be used on different levels of a company's management, business development, production processes, and even client's perception of the software product. Management of those core activities, based on such digital data flows, is becoming sophisticated and more flexible, based on relevant and estimated indicators. In this article, there is a multifactor analysis of digitalization in software engineering and IT business management with a focus on change management. The main results of research are demonstrating how the influence of digitalization could be used in competition.

Evaluation of Information Technology Governance in Banking Companies Using BSC and COBIT 4.1

- The era of industrial revolution 4.0, the progress of companies to achieve their vision and mission goals, is largely determined by the role of information technology, especially banking companies such as BPR PMM, the problem is that BPR PPM has not fully realized the importance of managing a business change, in order to maintain the company's existence. To determine the maturity level of the application of information technology in a company, it is necessary to conduct a thorough evaluation. In this study, there are seventeen processes in Cobit 4.1 that are solved on an internal balanced scorecard perspective. Cobit is a framework that is very well used in measuring the effectiveness of the application of information technology, while the balanced scorecard (BSC) is a framework that is very suitable to be applied to measure or assess the performance of a company. The combination of the two frameworks can provide a clear picture of internal perspectives that can be used by company leaders in improving information technology governance. This study resulted in a conclusion that the company maturity level in terms of business change management based on Cobit 4.1 and the internal balanced scorecard perspective has an average value of 2.90 at level 3 with defined categories.

Analysis of the Definition of «Change»as an Economic Category

The paper investigated general world trends in the field of business change in business, in which the authors highlighted a versatile view of science and summarized information on definitions of “change”, providing each of the existing list of definitions that relates to scale. The authors analyzed theoretical approaches to the definition of various scholars and identified the main characteristics of these approaches. The analysis showed that most scholars are interpreting changes as a generalization category based on general economic provisions relating to strategic potential, free markets, behavioral properties. According to the results of the study, the authors formed a summary table, which reflects a separate characteristic and interpretation of the term “change”, provided by various scientists. As a result of the study, the authors formed the actual interpretation of definitions on the basis of processed literature, which, unlike other treats changes, as an organizational process that is in constant motion and adaptation to a new information economy. In this case, as the main driver of adaptation to changes, the authors consider a business process model of the organizational structure, which is based on optimizing functional and information flows and a dramatically different approach to the use of human resources. Practical examples given by the authors confirm the main thesis of all scholars, which consists in the inevitability of the introduction of transformational business management techniques, which are considered to be more flexible, and therefore more effective in today's realities of the world economy. The authors provided recommendations on further research of changes in processes that should focus on a clear balance between the development of new methodological approaches and their scientific substantiation.

Contemporary Business Transformation Trends and Opportunities in Corporate Companies in the Global Economy

Looking forward, 2020 will be a time of some retribution for digital initiatives and that is eventually uplifting news. 2020 will even now observe the fast scaling of advanced activities across businesses. The previous barely any a long time in business have been described by a progression of basic moves in the manner organizations work and structure themselves. As they continued looking for more prominent efficiencies, economies of scale or lower costs, organizations have held onto patterns, for example, redistributing, offshoring, and mergers and acquisitions, while fast mechanical advancement has changed the manner in which data is shared and imparted, and the manner in which business cycles and exchanges are directed. In spite of the fact that patterns, for example, offshoring, mergers and acquisitions, and enormous scope IT ventures can have various targets and require various aptitudes, they are largely instances of business change. Each kind of task expects heads to set clear goals, to guarantee that those points are perceived by everybody in the association, and to zero in cautiously on the usage stage so the destinations are accomplished. To put it plainly, each venture is tied in with overseeing huge scope change – something that in the present exceptionally circulated, worldwide association is a perplexing and requesting undertaking. In light of an overview and methodical surveys investigates the patterns that are driving business change and takes a gander at the difficulties and openings introduced by this indispensable part of contemporary business.