Reporting And Big Data Big Data As One Megatrend Of Industry 4 0 And The Impacts On Controlling
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Reporting And Big Data Big Data As One Megatrend Of Industry 4 0 And The Impacts On Controlling
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Author : Matthias Ackermann
language : en
Publisher: GRIN Verlag
Release Date : 2015-03-23
Reporting And Big Data Big Data As One Megatrend Of Industry 4 0 And The Impacts On Controlling written by Matthias Ackermann and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-23 with Business & Economics categories.
Seminar paper from the year 2015 in the subject Business economics - Controlling, FOM Hochschule für Oekonomie und Management gemeinnützige GmbH, Hochschulstudienzentrum Freiburg (business administration), course: International Investment and Controlling, language: English, abstract: The global data volume is expected to increase fiftyfold over the next ten years (2012-2022). Reasons for extensive growth of data volume within the era of industry 4.0 are the increased use of sensor technology in production and logistics as well as the extensive distribution and the use of mobile Internet. (ICA 2014, p. 3) But the explosion of data is not new. It continues a trend that started in the 1970s. Changes are the velocity of growth, the diversity of data, and the imperative to make better use of information in business. To harvest and harness every byte of relevant data and use it to make the best decisions is the hopeful vision of organizations in terms of big data. (McKinsey 2013, p. 15) On the one hand, opportunities of big data can be identified in all industries over the entire value chain. On the other hand, many companies are sceptical of big data because of high investment costs, the lack of skilled staff and know-how, and privacy risks. That causes delays in big data ́s implementation in companies. The careful analysis of the application, and the identification of realizable excess values of big data is one of the controller’s tasks. Completely new opportunities and challenges for the controller arise due to the massive growth of data. Though in future the positions of business analysts and data scientists overlap with the controllers’ skills and fields of activity. (ICA 2014, p. 3) This assignment gives an overview of big data itself and illustrates the potential in controlling and for the controller. Additionally challenges, threats and risks are determined.
Big Data Applications In Industry 4 0
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Author : P. Kaliraj
language : en
Publisher: CRC Press
Release Date : 2022-02-10
Big Data Applications In Industry 4 0 written by P. Kaliraj and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-10 with Computers categories.
Industry 4.0 is the latest technological innovation in manufacturing with the goal to increase productivity in a flexible and efficient manner. Changing the way in which manufacturers operate, this revolutionary transformation is powered by various technology advances including Big Data analytics, Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing. Big Data analytics has been identified as one of the significant components of Industry 4.0, as it provides valuable insights for smart factory management. Big Data and Industry 4.0 have the potential to reduce resource consumption and optimize processes, thereby playing a key role in achieving sustainable development. Big Data Applications in Industry 4.0 covers the recent advancements that have emerged in the field of Big Data and its applications. The book introduces the concepts and advanced tools and technologies for representing and processing Big Data. It also covers applications of Big Data in such domains as financial services, education, healthcare, biomedical research, logistics, and warehouse management. Researchers, students, scientists, engineers, and statisticians can turn to this book to learn about concepts, technologies, and applications that solve real-world problems. Features An introduction to data science and the types of data analytics methods accessible today An overview of data integration concepts, methodologies, and solutions A general framework of forecasting principles and applications, as well as basic forecasting models including naïve, moving average, and exponential smoothing models A detailed roadmap of the Big Data evolution and its related technological transformation in computing, along with a brief description of related terminologies The application of Industry 4.0 and Big Data in the field of education The features, prospects, and significant role of Big Data in the banking industry, as well as various use cases of Big Data in banking, finance services, and insurance Implementing a Data Lake (DL) in the cloud and the significance of a data lake in decision making
The Emerging Technology Of Big Data
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Author : Heru Susanto
language : en
Publisher: CRC Press
Release Date : 2019-03-29
The Emerging Technology Of Big Data written by Heru Susanto and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-29 with Business & Economics categories.
Big Data is now highly regarded and accepted as a useful tool to help organizations manage their data and information effectively and efficiently. This new volume, The Emerging Technology of Big Data: Its Impact as a Tool for ICT Development, looks at the new technology that has emerged to meet the growing need and demand and studies the impact of Big Data in several areas of today’s society, including social media, business process re-engineering, science, e-learning, higher education, business intelligence, and green computing. In today’s modern society, information system (IS) through Big Data contributes to the success of organizations because it provides a solid foundation for increasing both efficiency and productivity. Many business organizations and educational institutions realize that compliance with Big Data will affect their prospects for success. Everyday, the amount of data collected from digital tools grows tremendously. As the amount of data increases, the use of IS becomes more and more essential. The book looks at how large datasets and analytics have slowly crept into the world of education and discusses methods of teaching and learning and the collection of student-learning data. The final chapter of the book considers the environmental impacts of ICT and emphasizes green ICT awareness as a corporate strategy through information systems. The global ICT industry accounts for approximately 2 percent of global carbon dioxide (CO2) emissions, and the manufacture, shipping, and disposal of ICT equipment also contributes environmentally. This chapter addresses these issues. The information provided here will be valuable information for education professionals, businesses, faculty, scientists and researchers, and others.
Synergistic Interaction Of Big Data With Cloud Computing For Industry 4 0
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Author : Sheetal S. Zalte-Gaikwad
language : en
Publisher: CRC Press
Release Date : 2022-11-21
Synergistic Interaction Of Big Data With Cloud Computing For Industry 4 0 written by Sheetal S. Zalte-Gaikwad and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-21 with Technology & Engineering categories.
The idea behind this book is to simplify the journey of aspiring readers and researchers to understand the convergence of Big Data with the Cloud. This book presents the latest information on the adaptation and implementation of Big Data technologies in various cloud domains and Industry 4.0. Synergistic Interaction of Big Data with Cloud Computing for Industry 4.0 discusses how to develop adaptive, robust, scalable, and reliable applications that can be used in solutions for day-to-day problems. It focuses on the two frontiers — Big Data and Cloud Computing – and reviews the advantages and consequences of utilizing Cloud Computing to tackle Big Data issues within the manufacturing and production sector as part of Industry 4.0. The book unites some of the top Big Data experts throughout the world who contribute their knowledge and expertise on the different aspects, approaches, and concepts related to new technologies and novel findings. Based on the latest technologies, the book offers case studies and covers the major challenges, issues, and advances in Big Data and Cloud Computing for Industry 4.0. By exploring the basic and high-level concepts, this book serves as a guide for those in the industry, while also helping beginners and more advanced learners understand both basic and more complex aspects of the synergy between Big Data and Cloud Computing.
Global Economic Revolutions
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Author :
language : en
Publisher: Springer Nature
Release Date :
Global Economic Revolutions written by and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with Big data categories.
This book constitutes the revised and selected papers of the International Conference on Global Economic Revolutions (ICGER 2023) held in Sharjah City, United Arab Emirates, during February 27-28, 2023. The 18 papers included in this book were thoroughly reviewed and selected from the 105 submissions. The papers focus on topics related to data science and data centers, machine learning, sustainable technologies for a green economy, metaverse in the healthcare education, Predictive Model Analytics using Data mining and Machine learning, blockchain adoption and acceptance, Narrow Band Internet of Things, and enhanced Bubble Sorting Visualizer.
Big Data Management And Analytics
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Author : Brij B Gupta
language : en
Publisher: World Scientific
Release Date : 2023-12-05
Big Data Management And Analytics written by Brij B Gupta and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-05 with Computers categories.
With the proliferation of information, big data management and analysis have become an indispensable part of any system to handle such amounts of data. The amount of data generated by the multitude of interconnected devices increases exponentially, making the storage and processing of these data a real challenge.Big data management and analytics have gained momentum in almost every industry, ranging from finance or healthcare. Big data can reveal key insights if handled and analyzed properly; it has great application potential to improve the working of any industry. This book covers the spectrum aspects of big data; from the preliminary level to specific case studies. It will help readers gain knowledge of the big data landscape.Highlights of the topics covered include description of the Big Data ecosystem; real-world instances of big data issues; how the Vs of Big Data (volume, velocity, variety, veracity, valence, and value) affect data collection, monitoring, storage, analysis, and reporting; structural process to get value out of Big Data and recognize the differences between a standard database management system and a big data management system.Readers will gain insights into choice of data models, data extraction, data integration to solve large data problems, data modelling using machine learning techniques, Spark's scalable machine learning techniques, modeling a big data problem into a graph database and performing scalable analytical operations over the graph and different tools and techniques for processing big data and its applications including in healthcare and finance.
The Fourth Industrial Revolution
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Author : Klaus Schwab
language : en
Publisher: Penguin UK
Release Date : 2017-01-03
The Fourth Industrial Revolution written by Klaus Schwab and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-03 with Business & Economics categories.
The founder and executive chairman of the World Economic Forum on how the impending technological revolution will change our lives We are on the brink of the Fourth Industrial Revolution. And this one will be unlike any other in human history. Characterized by new technologies fusing the physical, digital and biological worlds, the Fourth Industrial Revolution will impact all disciplines, economies and industries - and it will do so at an unprecedented rate. World Economic Forum data predicts that by 2025 we will see: commercial use of nanomaterials 200 times stronger than steel and a million times thinner than human hair; the first transplant of a 3D-printed liver; 10% of all cars on US roads being driverless; and much more besides. In The Fourth Industrial Revolution, Schwab outlines the key technologies driving this revolution, discusses the major impacts on governments, businesses, civil society and individuals, and offers bold ideas for what can be done to shape a better future for all.
Big Data In Information Society And Digital Economy
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Author : Aleksei V. Bogoviz
language : en
Publisher: Springer Nature
Release Date : 2023-05-02
Big Data In Information Society And Digital Economy written by Aleksei V. Bogoviz and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-02 with Computers categories.
This book redefines the essence of the information society and the digital economy, offering a new approach to their management and organization based on big data. The novelty of the new approach is that it ensures the use of the advanced technological capabilities of the Fourth Industrial Revolution to accelerate socio-economic development. The success of the new approach is based on progressive social institutions and advanced big data technology. Theoretical issues, methodological developments, and the author’s applied recommendations are consistently presented in forty chapters distributed in five sections. The book contains cases that reveal the practical experience of the Eurasian Economic Union (EAEU). The intended readership of the book is scientists. The book is interesting and useful for them because it presents an innovative model of information society and digital economy development driven by big data.
Big Data Analytics A Management Perspective
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Author : Francesco Corea
language : en
Publisher: Springer
Release Date : 2016-05-24
Big Data Analytics A Management Perspective written by Francesco Corea and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-24 with Technology & Engineering categories.
This book is about innovation, big data, and data science seen from a business perspective. Big data is a buzzword nowadays, and there is a growing necessity within practitioners to understand better the phenomenon, starting from a clear stated definition. This book aims to be a starting reading for executives who want (and need) to keep the pace with the technological breakthrough introduced by new analytical techniques and piles of data. Common myths about big data will be explained, and a series of different strategic approaches will be provided. By browsing the book, it will be possible to learn how to implement a big data strategy and how to use a maturity framework to monitor the progress of the data science team, as well as how to move forward from one stage to the next. Crucial challenges related to big data will be discussed, where some of them are more general - such as ethics, privacy, and ownership – while others concern more specific business situations (e.g., initial public offering, growth strategies, etc.). The important matter of selecting the right skills and people for an effective team will be extensively explained, and practical ways to recognize them and understanding their personalities will be provided. Finally, few relevant technological future trends will be acknowledged (i.e., IoT, Artificial intelligence, blockchain, etc.), especially for their close relation with the increasing amount of data and our ability to analyse them faster and more effectively.
New Horizons For A Data Driven Economy
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Author : José María Cavanillas
language : en
Publisher: Springer
Release Date : 2016-04-04
New Horizons For A Data Driven Economy written by José María Cavanillas and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-04 with Computers categories.
In this book readers will find technological discussions on the existing and emerging technologies across the different stages of the big data value chain. They will learn about legal aspects of big data, the social impact, and about education needs and requirements. And they will discover the business perspective and how big data technology can be exploited to deliver value within different sectors of the economy. The book is structured in four parts: Part I “The Big Data Opportunity” explores the value potential of big data with a particular focus on the European context. It also describes the legal, business and social dimensions that need to be addressed, and briefly introduces the European Commission’s BIG project. Part II “The Big Data Value Chain” details the complete big data lifecycle from a technical point of view, ranging from data acquisition, analysis, curation and storage, to data usage and exploitation. Next, Part III “Usage and Exploitation of Big Data” illustrates the value creation possibilities of big data applications in various sectors, including industry, healthcare, finance, energy, media and public services. Finally, Part IV “A Roadmap for Big Data Research” identifies and prioritizes the cross-sectorial requirements for big data research, and outlines the most urgent and challenging technological, economic, political and societal issues for big data in Europe. This compendium summarizes more than two years of work performed by a leading group of major European research centers and industries in the context of the BIG project. It brings together research findings, forecasts and estimates related to this challenging technological context that is becoming the major axis of the new digitally transformed business environment.