• Title/Summary/Keyword: Big Data Analytic

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The Preliminary Feasibility on Big Data Analytic Application in Construction

  • Ko, Yongho;Han, Seungwoo
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.276-279
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    • 2015
  • Along with the increase of the quantity of data in various industries, the construction industry has also developed various systems focusing on collecting data related to the construction performance such as productivity and costs achieved in construction job sites. Numerous researchers worldwide have been focusing on developing efficient methodologies to analyze such data. However, applications of such methodologies have shown serious limitations on practical applications due to lack of data and difficulty in finding appropriate analytic methodologies which were capable of implementing significant insights. With development of information technology, the new trend in analytic methodologies has been introduced and steeply developed with the new name of "big data analysis" in various fields in academia and industry. The new concept of big data can be applied for significant analysis on various formats of construction data such as structured, semi-structured, or non-structured formats. This study investigates preliminary application methods based on data collected from actual construction site. This preliminary investigation in this study expects to assess fundamental feasibility of big data analytic applications in construction.

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Business Intelligence and Marketing Insights in an Era of Big Data: The Q-sorting Approach

  • Kim, Ki Youn
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.8 no.2
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    • pp.567-582
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    • 2014
  • The purpose of this study is to qualitatively identify the typologies and characteristics of the big data marketing strategy in major companies that are taking advantage of the big data business in Korea. Big data means piles accumulated from converging platforms such as computing infrastructures, smart devices, social networking and new media, and big data is also an analytic technique itself. Numerous enterprises have grown conscious that big data can be a most significant resource or capability since the issue of big data recently surfaced abruptly in Korea. Companies will be obliged to design their own implementing plans for big data marketing and to customize their own analytic skills in the new era of big data, which will fundamentally transform how businesses operate and how they engage with customers, suppliers, partners and employees. This research employed a Q-study, which is a methodology, model, and theory used in 'subjectivity' research to interpret professional panels' perceptions or opinions through in-depth interviews. This method includes a series of q-sorting analysis processes, proposing 40 stimuli statements (q-sample) compressed out of about 60 (q-population) and explaining the big data marketing model derived from in-depth interviews with 20 marketing managers who belong to major companies(q-sorters). As a result, this study makes fundamental contributions to proposing new findings and insights for small and medium-size enterprises (SMEs) and policy makers that need guidelines or direction for future big data business.

A Context-Awareness Modeling User Profile Construction Method for Personalized Information Retrieval System

  • Kim, Jee Hyun;Gao, Qian;Cho, Young Im
    • International Journal of Fuzzy Logic and Intelligent Systems
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    • v.14 no.2
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    • pp.122-129
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    • 2014
  • Effective information gathering and retrieval of the most relevant web documents on the topic of interest is difficult due to the large amount of information that exists in various formats. Current information gathering and retrieval techniques are unable to exploit semantic knowledge within documents in the "big data" environment; therefore, they cannot provide precise answers to specific questions. Existing commercial big data analytic platforms are restricted to a single data type; moreover, different big data analytic platforms are effective at processing different data types. Therefore, the development of a common big data platform that is suitable for efficiently processing various data types is needed. Furthermore, users often possess more than one intelligent device. It is therefore important to find an efficient preference profile construction approach to record the user context and personalized applications. In this way, user needs can be tailored according to the user's dynamic interests by tracking all devices owned by the user.

Method for Selecting a Big Data Package (빅데이터 패키지 선정 방법)

  • Byun, Dae-Ho
    • Journal of Digital Convergence
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    • v.11 no.10
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    • pp.47-57
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    • 2013
  • Big data analysis needs a new tool for decision making in view of data volume, speed, and variety. Many global IT enterprises are announcing a variety of Big data products with easy to use, best functionality, and modeling capability. Big data packages are defined as a solution represented by analytic tools, infrastructures, platforms including hardware and software. They can acquire, store, analyze, and visualize Big data. There are many types of products with various and complex functionalities. Because of inherent characteristics of Big data, selecting a best Big data package requires expertise and an appropriate decision making method, comparing the selection problem of other software packages. The objective of this paper is to suggest a decision making method for selecting a Big data package. We compare their characteristics and functionalities through literature reviews and suggest selection criteria. In order to evaluate the feasibility of adopting packages, we develop two Analytic Hierarchy Process(AHP) models where the goal node of a model consists of costs and benefits and the other consists of selection criteria. We show a numerical example how the best package is evaluated by combining the two models.

Does Big Data Matter to Value Creation? : Based on Oracle Solution Case (Does Big Data Matter to Value Creation? : 오라클(Oracle) 솔루션을 중심으로)

  • Kim, Yonghee;You, Eungjoon;Kang, Miseon;Choi, Jeongil
    • Journal of Information Technology Services
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    • v.11 no.3
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    • pp.39-48
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    • 2012
  • It is essential that firm makes a rational and scientific decision making and creates a news value for the future direction. To do so, many firms attempt to collect meaningful data and find the filtered and refined implication for the better customer relationship and the active market drive through the various analytic tools. Among the possible IT solutions, utilization of 'Big Data' is becoming more attractive and necessary in such a way that it would help firms obtain the systemized and demanding information and facilitate their decision making process to keep up with the market needs. In this paper, it introduces the concepts and development of 'Big Data' recognized as a IT resource and solution under the rapidly changing firm environment. This study also presents the several firm cases using Big Data' and the Oracle's total data management and analytic solutions in order to support the application of 'Big Data'. Finally this paper provides a holistic viewpoint and realistic approach on use of 'Big Data' to create a new value.

A Study on the Effect of Analytic Resources to Business Performance under Big Data Environments (빅데이터 환경에서 분석 자원이 기업 성과에 미치는 영향)

  • Kim, Seung-Hyun;Park, Jooseok;Park, Jea-Hong;Kim, Inhyun
    • The Journal of Bigdata
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    • v.1 no.1
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    • pp.23-32
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    • 2016
  • With the rapid development of information technology, we can manage not only structured data but also unstructured data. Big data environments drive new business values. This study examines the effect of analytic resources to business performance under big data environments. Recent worldwide reports showed empirical performance results of big data applications. Compared to these reports, we attempt to analyze resources of big data applications to companies in Korea. This study results in current status of big data use in Korea. and will help to develop a maturity model of big data applications.

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Design of a Smart Application using Big Data (빅 데이터를 이용한 스마트 응용의 설계)

  • Oh, Sun-Jin
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.15 no.6
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    • pp.17-24
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    • 2015
  • With the rapid growth of Information technology and up-to-date wireless network application technologies, huge and various types of data are produced in every moment, the value and significance of the analysis techniques using big data are increased recently. Big data, which were useless since they were too huge to manage in the past, enables us to get new inspirations and values in various practical application areas through the development of big data computing devices and analytic tools. Nowadays, however, it is true that most of the big data are still wasted without properly analyzed and used. In the long run, the preliminary stipulations for finding inspirations and extracting new values from big data are securing big data analysis and application techniques to process big data efficiently. In this paper, we study accurate data analysis techniques and data process technologies those are able to extract needed inspirations and values from big data efficiently, then design the smart application that adopts these techniques practically.

Design and Implementation of Dynamic Recommendation Service in Big Data Environment

  • Kim, Ryong;Park, Kyung-Hye
    • Journal of Information Technology Applications and Management
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    • v.26 no.5
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    • pp.57-65
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    • 2019
  • Recommendation Systems are information technologies that E-commerce merchants have adopted so that online shoppers can receive suggestions on items that might be interesting or complementing to their purchased items. These systems stipulate valuable assistance to the user's purchasing decisions, and provide quality of push service. Traditionally, Recommendation Systems have been designed using a centralized system, but information service is growing vast with a rapid and strong scalability. The next generation of information technology such as Cloud Computing and Big Data Environment has handled massive data and is able to support enormous processing power. Nevertheless, analytic technologies are lacking the different capabilities when processing big data. Accordingly, we are trying to design a conceptual service model with a proposed new algorithm and user adaptation on dynamic recommendation service for big data environment.

Big-data Analytics: Exploring the Well-being Trend in South Korea Through Inductive Reasoning

  • Lee, Younghan;Kim, Mi-Lyang;Hong, Seoyoun
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.15 no.6
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    • pp.1996-2011
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    • 2021
  • To understand a trend is to explore the intricate process of how something or a particular situation is constantly changing or developing in a certain direction. This exploration is about observing and describing an unknown field of knowledge, not testing theories or models with a preconceived hypothesis. The purpose is to gain knowledge we did not expect and to recognize the associations among the elements that were suspected or not. This generally requires examining a massive amount of data to find information that could be transformed into meaningful knowledge. That is, looking through the lens of big-data analytics with an inductive reasoning approach will help expand our understanding of the complex nature of a trend. The current study explored the trend of well-being in South Korea using big-data analytic techniques to discover hidden search patterns, associative rules, and keyword signals. Thereafter, a theory was developed based on inductive reasoning - namely the hook, upward push, and downward pull to elucidate a holistic picture of how big-data implications alongside social phenomena may have influenced the well-being trend.

Influence of Big Data Analytics Capability on Innovation and Performance in the Hotel Industry in Malaysia

  • Muhamad Luqman, KHALIL;Norzalita Abd, AZIZ
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.2
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    • pp.109-121
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    • 2023
  • This study aims to address the literature gap by examining the direct relationship between big data analytics capability, marketing innovation, and organizational innovations. Additionally, this study would examine big data analytics capability as the antecedent for both innovation types and how these relationships influence firm performance. The research model is developed based on the integration of resource-based view and knowledge-based view theories. The quantitative method is used as the research methodology for this study. Based on a purposive sampling method, a total of 115 questionnaires were obtained from managers in star-rated hotels located in Malaysia. Partial least square structural equation modeling (PLS-SEM) is utilized for the data analysis. The result shows that big data analytics capability positively affects marketing and organizational innovations. The findings show that big data analytics capability and organizational innovation positively influence firm performance. Nonetheless, the result revealed that marketing innovation is not positively related to firm performance. The findings also indicate to hotel managers the importance of big data analytic capability and the resources required to build and develop this capability. The contributions from this study enrich the literature on big data and innovation, which is particularly limited in the hospitality and tourism context.