In managing the technology of advanced processing and analysis of large information sets in Big Data database systems, there is no hope but it is already used in practice. Big Data database systems are used in many fields of analysis of large data sets and support business management processes, among others by supporting processes carried out in Business Intelligence framework.
Do you agree with me on the above matter?
In the context of the above issues, the following question is valid:
Do Big Data technologies support business management processes?
In what direction will the process of research and application of Big Data technology, which support business management processes, progress?
Please reply
Best wishes
I agree on the importance of what is called Big Data. Systems will evolve, so that reality is inescapable. In relation to business management processes, there will be convergence. I just point out that systems are not given more importance than they really do. In other words, the human judgment of managers in decision making is irreplaceable.
Yes, Big Data technologies supports business management processes through "Creating a Shared Value" (named by Dr. Michael Porter, Harvard U) among parties.
Dear Mr. Dariusz Prokopowicz , it is very difficult to make big data, because in Indonesia there are also but the results of the consultant's work, sometimes it is also inaccurate, if used for analytical materials it can produce incorrect information. every important data that comes from the data center is an error rate of 10%. Accurate data is very useful for management processes in general, given that every step in management is an analysis and estimation that must be processed appropriately. One work unit that produces data and information is very useful for other work units both in the company and in a country. And cannot be separated from the system, namely: input-process-output. I apologize if this answer is not pleasing.
Dear Dr. Dariusz Prokopowicz
The next big data revolution will support business management, without a doubt, but it will inevitably be at the expense of humanity, the reason that is expected to give it greater attention than its size, and the faith of the exaggerated. Then misused by decision makers.
The above discussion inspired me to the following considerations:
Currently, business analytics uses computerized platforms containing ready-made reporting formulas in the field of Business Intelligence. In recent years, software companies supporting enterprise management offer advanced applications of information-analytical Business Intelligence class systems consisting of modular development of these systems and combining business intelligence software with platforms that use data warehouse technology, multi-dimensional analytical processing software and data mining and processing applications. This article describes an example of this type of computerized analytical platform for business entities, which is included in analytical applications that allow quick access to necessary, aggregated and multi-criteria processed information. The software allows entrepreneurs and corporate managers as well as entities from the SME sector on the one hand to use embedded patterns of reports or analyzes, and on the other hand to self-develop and configure analyzes carried out, tailored to the specifics of a specific entity. Such analytical applications make it possible to build integrated risk management systems in the organization.
Do you agree with my opinion?
Please reply
This issue is described in the following publication:
Article APPLICATION OF DATA BASE SYSTEMS BIG DATA AND BUSINESS INTEL...
I invite you to the discussion
Best wishes
Dear Friends and Colleagues of RG
I described the problem of APPLICATION OF DATA BASE SYSTEMS BIG DATA AND BUSINESS INTELLIGENCE SOFTWARE IN INTEGRATED RISK MANAGEMENT IN ORGANIZATION in publication:
Article APPLICATION OF DATA BASE SYSTEMS BIG DATA AND BUSINESS INTEL...
I invite you to discussion and cooperation.
Best wishes
In view of the above, it is also important to include in the above discussion also the following issue:
Will the development of the Big Data information collection analytics improve the company's development planning?
Will the development of computerized business analytics of large collections of economic information collected in Big Data database systems improve the planning of enterprise development and future investment processes?
Please reply
Best wishes
Dear Friends and Colleagues of RG
The issues of the use of information contained in Big Data database systems for the purposes of conducting Business Intelligence analyzes are described in the publications:
Article APPLICATION OF DATA BASE SYSTEMS BIG DATA AND BUSINESS INTEL...
Article The Big Data technologies as an important factor of electron...
Article The Technological Solutions Big Data and the Importance of B...
I invite you to discussion and cooperation.
Best wishes
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