Leverage Data Streams For Better Operational Decision Making
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Leverage Data Streams For Better Operational Decision Making
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Author : Christoph Prinz
language : en
Publisher:
Release Date : 2023
Leverage Data Streams For Better Operational Decision Making written by Christoph Prinz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.
Leverage Data Streams For Better Operational Decision Making
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Author : Christoph Prinz
language : en
Publisher: Cuvillier Verlag
Release Date : 2023-05-31
Leverage Data Streams For Better Operational Decision Making written by Christoph Prinz and has been published by Cuvillier Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-31 with Business & Economics categories.
Smart sustainable mobility ecosystems promise to address society’s expectation of environmentally friendly on-demand mobility. While the technology stack to build such ecosystems is just around the corner in the form of connected, automated, and electric vehicles, strategies to deploy and operate such fleets in a coordinated manner must still be advanced. Most of such optimization challenges highly depend on the nature of customer demand, vehicle supply, and environmental influences. Hence, this dissertation investigates how available data streams from mobility ecosystems can be leveraged in Information Systems to solve related decision problems. The overarching goal of this work is to generate design knowledge to improve vehicle availability, provider profitability, and environmental sustainability for such ecosystems. Applying quantitative methods to real-world data from shared vehicle systems generates insights into the nature of demand and supply. Combining it with an analysis of empirical research on vehicle relocation algorithms builds the foundation for two artifact designs. The first artifact enables the development and simulation-based evaluation of operation modes for vehicle fleets. The second artifact enables artificial intelligence-based decision support for the vehicle rebalancing problem. The insights are finally incorporated and generalized to a nascent design theory on data-enabled operational decision-making in the context of smart sustainable mobility environments. The findings have multifaceted implications for researchers concerned with data-enabled value creation in Green IS, shared economy and smart mobility, and business analytics and data science. Furthermore, guidance for fleet providers to improve system attractiveness and for society to experience the potential amount of vehicle access without personal ownership is provided.
Systems Of Insight For Digital Transformation Using Ibm Operational Decision Manager Advanced And Predictive Analytics
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Author : Whei-Jen Chen
language : en
Publisher: IBM Redbooks
Release Date : 2015-12-03
Systems Of Insight For Digital Transformation Using Ibm Operational Decision Manager Advanced And Predictive Analytics written by Whei-Jen Chen and has been published by IBM Redbooks this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-03 with Computers categories.
Systems of record (SORs) are engines that generates value for your business. Systems of engagement (SOE) are always evolving and generating new customer-centric experiences and new opportunities to capitalize on the value in the systems of record. The highest value is gained when systems of record and systems of engagement are brought together to deliver insight. Systems of insight (SOI) monitor and analyze what is going on with various behaviors in the systems of engagement and information being stored or transacted in the systems of record. SOIs seek new opportunities, risks, and operational behavior that needs to be reported or have action taken to optimize business outcomes. Systems of insight are at the core of the Digital Experience, which tries to derive insights from the enormous amount of data generated by automated processes and customer interactions. Systems of Insight can also provide the ability to apply analytics and rules to real-time data as it flows within, throughout, and beyond the enterprise (applications, databases, mobile, social, Internet of Things) to gain the wanted insight. Deriving this insight is a key step toward being able to make the best decisions and take the most appropriate actions. Examples of such actions are to improve the number of satisfied clients, identify clients at risk of leaving and incentivize them to stay loyal, identify patterns of risk or fraudulent behavior and take action to minimize it as early as possible, and detect patterns of behavior in operational systems and transportation that lead to failures, delays, and maintenance and take early action to minimize risks and costs. IBM® Operational Decision Manager is a decision management platform that provides capabilities that support both event-driven insight patterns, and business-rule-driven scenarios. It also can easily be used in combination with other IBM Analytics solutions, as the detailed examples will show. IBM Operational Decision Manager Advanced, along with complementary IBM software offerings that also provide capability for systems of insight, provides a way to deliver the greatest value to your customers and your business. IBM Operational Decision Manager Advanced brings together data from different sources to recognize meaningful trends and patterns. It empowers business users to define, manage, and automate repeatable operational decisions. As a result, organizations can create and shape customer-centric business moments. This IBM Redbooks® publication explains the key concepts of systems of insight and how to implement a system of insight solution with examples. It is intended for IT architects and professionals who are responsible for implementing a systems of insights solution requiring event-based context pattern detection and deterministic decision services to enhance other analytics solution components with IBM Operational Decision Manager Advanced.
Data Driven Decision Making For Product Service Systems
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Author : Giuditta Pezzotta
language : en
Publisher: Springer
Release Date : 2024-07-27
Data Driven Decision Making For Product Service Systems written by Giuditta Pezzotta and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-27 with Technology & Engineering categories.
This book is a compilation of theoretical and practical contributions aimed at facilitating the servitization of manufacturing companies, specifically focusing on data-driven decision-making within the context of Product-Service Systems (PSS). Providing a comprehensive overview, it discusses the latest breakthroughs in operational, tactical, and strategic decision-making for PSS, leveraging data-driven processes, methodologies, and tools. Therefore, the book significantly contributes to strengthening the knowledge on the use of data-driven decision-making methods and tools all the phases of the PSS lifecycle. From extended warranties and leasing to pay-per-use and other innovative configurations, manufacturing companies are increasingly adopting servitized business models and PSS to create additional value for their customers and users and create robust relationships with them, ensuring more reliable cash flows. In this setting, effective information management and the utilization of aggregated operational data have become essential for guiding strategic, tactical, and operational decisions. This book not only consolidates theoretical frameworks but also offers practical insights into data-driven decision-making in PSS, providing deep knowledge on how complex decisions can be taken along the various phases of the PSS lifecycle using data-driven methods and tools. Key areas of focus include: 1. In the Beginning of Life, introducing new services tailored to customer needs, disclosing new business opportunities in terms of revenues, and extending the PSS Middle of Life. 2. Designing or re-designing assets and/or services, thereby influencing the PSS Beginning of Life. 3. Enhancing daily decisions related to asset management to improve the PSS Middle of Life. 4. Optimizing daily decisions related to service delivery and management, aimed at enhancing the PSS Middle of Life. 5. Facilitating informed decisions on recycling, remanufacturing, refurbishing, and revamping, impacting the PSS End of Life. This book will be of interest to researchers and managers in industry as it offers insights that bridge the gap between theory and practical application in the evolving landscape of PSS.
Data Analytics For Business Leveraging Data For Strategic Insights
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Author : Michael Roberts
language : en
Publisher: Richards Education
Release Date :
Data Analytics For Business Leveraging Data For Strategic Insights written by Michael Roberts and has been published by Richards Education this book supported file pdf, txt, epub, kindle and other format this book has been release on with Language Arts & Disciplines categories.
In the modern business landscape, data is more valuable than ever. "Data Analytics for Business: Leveraging Data for Strategic Insights" is a comprehensive guide designed to help businesses harness the power of data analytics to drive decision-making, improve operations, and gain competitive advantage. This book covers the entire spectrum of data analytics, from foundational concepts to advanced techniques, with practical examples and real-world case studies. Whether you are a business leader, data professional, or aspiring analyst, this handbook equips you with the knowledge and skills to transform raw data into actionable insights that propel your organization forward. Embrace the future of business intelligence and unlock the full potential of data analytics.
Data Driven Business Intelligence Systems For Socio Technical Organizations
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Author : Keikhosrokiani, Pantea
language : en
Publisher: IGI Global
Release Date : 2024-04-09
Data Driven Business Intelligence Systems For Socio Technical Organizations written by Keikhosrokiani, Pantea and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-09 with Business & Economics categories.
The convergence of modern technology and social dynamics have shaped the very fabric of today’s organizations, making the role of Business Intelligence (BI) profoundly significant. Data-Driven Business Intelligence Systems for Socio-Technical Organizations delves into the heart of this transformative realm, offering an academic exploration of the tools, strategies, and methodologies that propel enterprises toward data-driven decision-making excellence. Socio-technical organizations, with their intricate interplay between human and technological components, require a unique approach to BI. This book embarks on a comprehensive journey, revealing how BI tools empower these entities to decipher the complexities of their data landscape. From user behavior to social interactions, technological systems to environmental factors, this work sheds light on the multifaceted sources of information that inform organizational strategies. Decision-makers within socio-technical organizations leverage BI insights to discern patterns, spot trends, and uncover correlations that influence operations and the intricate social dynamics within their entities. Research covering real-time monitoring and predictive analytics equips these organizations to respond swiftly to demands and anticipate future trends, harnessing the full potential of data. The book delves into their design, development, and architectural nuances, illuminating these concepts through case studies. This book is ideal for business executives, entrepreneurs, data analysts, marketers, government officials, educators, and researchers.
Emerging Technologies In Manufacturing
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Author : Matthew N. O. Sadiku
language : en
Publisher: Springer Nature
Release Date : 2023-03-15
Emerging Technologies In Manufacturing written by Matthew N. O. Sadiku and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-15 with Technology & Engineering categories.
The manufacturing industry is a cornerstone of national economy and people’s livelihood. It is the way of transforming resources into products or goods which are required to cater to the needs of the society. Traditional manufacturing companies currently face several challenges such as rapid technological changes, inventory problem, shortened innovation, short product life cycles, volatile demand, low prices, highly customized products, and ability to compete in the global markets. Modern manufacturing is highly competitive due to globalization and fast changes in the global market. This book reviews emerging technologies in manufacturing. These technologies include artificial intelligence, smart manufacturing, lean manufacturing, robotics, automation, 3D printing, nanotechnology, industrial Internet of things, and augmented reality. The use of these technologies will have a profound impact on the manufacturing industry. The book consists of 19 chapters. Each chapter addresses a single emerging technology in depth and describes how manufacturing organizations are adopting the technology. The book fills an important niche for manufacturing. It is a comprehensive, jargon-free introductory text on the issues, ideas, theories, and problems on emerging technologies in manufacturing. It is a must-read book for beginners or anyone who wants to be updated about emerging technologies.
Intelligent Industrial Internet Systems
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Author : Wanchun Dou
language : en
Publisher: Springer Nature
Release Date : 2023-11-20
Intelligent Industrial Internet Systems written by Wanchun Dou and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-20 with Technology & Engineering categories.
In the process of transforming modern manufacturing into intelligent manufacturing, more and more manufacturing processes are being deployed digitally on the Internet. As a novel digital industrial infrastructure and new application ecology, Industrial Internet could integrate the novel information and communication technology into various industrial manufacturing processes, through the safe and reliable intelligent interconnection of factors concerning people, machines and things. It aims at significantly improving the digitalization, networking and intelligence of manufacturing processes through the comprehensive interconnection of all manufacturing factors. To deploy and run traditional manufacturing processes on Industrial Internet efficiently, corresponding digital technical means are called for. These technical means play an important role in many potential applications of intelligent manufacturing, e.g. integrating product lifecycle data, strengthening industrial chain cooperation, providing decision-making service information oriented on the production organization process, and providing data support for product optimization and upgrading. This book focuses on the theory, techniques and means for integrating intelligent Industrial Internet applications deployed via mobile edge computing. Concretely, it mainly studies the intelligent theory, techniques and means from a problem-driven and demand-driven perspective, which supports collaborative design, agile manufacturing, remote operation and maintenance on Industrial Internet. These technologies primarily include Industrial Internet-centric intelligent resource scheduling methods, various types of industrial data privacy protection, intelligent version management technologies supporting digital twin applications, various data mining algorithms for intelligent execution of business processes, etc. Given its scope, the book offers a valuable theoretical and technical resource for project managers, technical developers, researchers, educators and students at colleges and universities.
Digital China Big Data And Government Managerial Decision
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Author : Qing Jiang
language : en
Publisher: Springer Nature
Release Date : 2023-04-04
Digital China Big Data And Government Managerial Decision written by Qing Jiang and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-04 with Social Science categories.
This book is the first practical case study on the application of big data in China's government management scenarios, which is important for comprehensively presenting the achievements of China's e-government and digital construction as well as deeply understanding the implementation of big data strategy in China. The author of this book is one of the earliest practitioners engaged in the study of big data applications, and has personally experienced the development, major events, application cases, and industry changes of big data in China. Cases in this book are all actual projects carried out. The author of this book explains the development history of big data she has personally experienced, presenting in an easy-to-understand way the basic concept and characteristics of big data and practical interpretation, which provides important reference for the practical work of government and enterprise managers. The application ideas of big data in management innovation are proposed, and scenarios are described and discussed in terms of accelerating research on sharing big data in government affairs, breaking barriers, realizing data flow information sharing, creating one-stop services, improving the corresponding policy system for sharing big data in government affairs, building public information platform for e-government, and strengthening network and information infrastructure. Especially for the government personnel in departments, this book will give them a better understanding of the charm and value of big data, intuitively understand the utilization and analysis of big data, carry out effective government management and make correct decisions, so as to improve the data literacy of organizations and individuals, form scientific support for their own government's decision-making and management, thus promote the continued construction of digital government, digital China, and digital economy era based on the application of big data.
Operations Management Unleashed Streamlining Efficiency And Innovation
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Author : Dr.Garima Mathura
language : en
Publisher: Inkbound Publishers
Release Date : 2023-08-17
Operations Management Unleashed Streamlining Efficiency And Innovation written by Dr.Garima Mathura and has been published by Inkbound Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-17 with Business & Economics categories.
Unleash the potential of operations management with strategies to streamline efficiency and foster innovation. This book provides practical guidance for managers aiming to optimize processes and drive operational excellence.