Advances in Business ICT: New Ideas from Ongoing Research by Tomasz Pelech-Pilichowski, Maria Mach-Król, Celina M. Olszak

By Tomasz Pelech-Pilichowski, Maria Mach-Król, Celina M. Olszak

This e-book discusses the potent use of contemporary ICT ideas for enterprise wishes, together with the effective use of IT assets, choice aid structures, enterprise intelligence, information mining and complex info processing algorithms, in addition to the processing of enormous datasets (inter alia social networking equivalent to Twitter and fb, etc.). the power to generate, list and method qualitative and quantitative info, together with within the region of massive facts, the net of items (IoT) and cloud computing bargains a true prospect of important advancements for company, in addition to the operation of a firm inside 4.0. The ebook offers new principles, techniques, suggestions and algorithms within the quarter of data illustration, administration and processing, quantitative and qualitative info processing (including sentiment analysis), difficulties of simulation functionality, and using complicated sign processing to extend the rate of computation. The ideas provided also are aimed toward the potent use of industrial technique modeling and notation (BPMN), enterprise strategy semantization and funding venture portfolio choice. it's a beneficial source for researchers, facts analysts, marketers and IT execs alike, and the examine findings offered give the chance to lessen bills, elevate the accuracy of funding, optimize assets and streamline operations and marketing.

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Finally, we recapitulate by discussing the usability of Ontorion based on a case study, in which an instance of software process simulation modelling environment is executed and further discussed. In the last section, we provide future work directions and put forward final conclusions. 1 Introduction “Knowledge is power”—this phrase is often attributed to Francis Bacon. Indeed, a lot of human effort and material resources have been exploited in preserving knowledge. g. drawings, symbols, words and numbers, which can be easily encoded in computer memory).

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