Lms

I am 100% agree with you, te main point in this field is the rise of data and the needs to use a low-cost hardware for processing the data with fault tolerant, scalable and high concurrency in the operations. Data Science provides the best analitics tool for destilate the result for human's interpretation. Machine learning gives a math model for discover hidden knowledge on the data and Big data provides the infraestructure for processing a large dataset.

Therefore, in the context of the above considerations, the following important question appears:

Do Business Intelligence analytical platforms support business management processes?

Do Business Intelligence analytical platforms support business management processes, including improvement of organizational leadership and strategic management, which can result in significant strategic success of the organization?

In my opinion, the use of Business Intelligence analytical platforms should be useful both for improving organizational leadership and for strategic management, which can result in significant strategic success of organizations, including enterprises and corporations, which use Business Intelligence analytical platforms as a tool supporting organizational management processes.

Therefore, in many enterprises, Business Intelligence analytical platforms are built and developed, which are connected to the transactional systems, databases and other IT systems of the company. In this way, integrated IT systems are built, where real-time analyzes of current sales, production, logistics, market analyzes, conducted ventures, risk management and other aspects of a full analysis of the company's economic and financial situation can be conducted.

As a result, these systems build tools such as early warning indicators on potential threats, the growing risk of economic crisis in the context of falling sales and declining economic growth in the domestic and global economy, in the markets where the company operates or for identifying development opportunities when the situation economic and market recovery improves as counterparties 'investments grow, consumers' incomes grow and sales and financial revenues from the sale of products and services increase.

In connection with the above, enterprises should build and develop Business Intelligence analytical platforms in order to improve the management processes of the entire organization and individual departments and activities carried out in the enterprise. Many studies show that these are excellent instruments that effectively support business management. The largest enterprises and corporations develop such IT solutions supporting organizational management processes. However, in recent years, IT companies also produce certain analytical Business Intelligence platforms for enterprises in the SME sector, as a result of which the market of recipients of this type of instruments supporting organizational management processes is expanding and increasing. I described it in my publications below.

Do you agree with my opinion on this matter?

In view of the above, I am asking you the following question:

Do Business Intelligence analytical platforms support business management processes, including improvement of organizational leadership and strategic management, which can result in significant strategic success of the organization?

Please reply

I invite you to the discussion

Thank you very much

Dear Friends and Colleagues of RG

The issues of the application of Business Intelligence analytical platforms supporting business management processes and in connection with the application of Big Data database systems technology 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.

Thank you very much

Best wishes

Dear Colleagues and Friends from RG,

Based on the above considerations, I formulated the following thesis that conducting multi-faceted analyzes carried out in the cloud computing on Business Intelligence platforms based on large sets of economic and market data describing the current functioning of the enterprise, collected in Big Data database systems can significantly support business management processes, including logistics, production, service provision, marketing, research, finance, process control, both operational and strategic management, etc. In the context of this thesis, the following questions arise that may be the basis for conducting scientific research in this field:

Can carrying out multi-faceted analyzes carried out in the cloud on Business Intelligence platforms based on large sets of economic and market data describing the current functioning of the enterprise, collected in Big Data database systems, can significantly support the management processes of an enterprise operating in every industry and sector of the economy?

Can carrying out the above-mentioned multi-faceted analyzes implemented in cloud computing on Business Intelligence platforms based on large sets of economic and market data describing the current functioning of the enterprise, collected in Big Data database systems, to a greater extent can support the management processes of technology companies whose offer of products or services is related with the current technological revolution Industry 4.0?

Does carrying out the above-mentioned analyzes carried out using cloud computing, Business Intelligence platforms and Big Data database systems to a similar extent support the management processes of companies operating on the Internet, technology companies included in fintechs, as well as other types of business entities whose products and services offered on the market do not are related to the Internet, or the Internet can only be helpful in marketing these non-technological products and services?

Is the continuation of the current fourth technological revolution known as Industry 4.0 expected for the next years and will the instruments, techniques, methods and other components etc. improved above, supporting the company management process of analyzes carried out using cloud computing, Business Intelligence platforms and Big Data database systems?

Please reply