• International conference on construction engineering and project management
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• 2015.10a
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• pp.44-48
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• 2015

Housing price is a key indicator of housing demand. Actual Transaction Price Index of Apartment (ATPIA) released by Korea Appraisal Board is useful to understand the current level of housing price, but it does not forecast future prices. Big data such as the frequency of internet search queries is more accessible and faster than ever. Forecasting future housing demand through big data will be very helpful in housing market. The objective of this study is to develop a forecasting model of ATPIA as a part of forecasting housing demand. For forecasting, a concept of time shift was applied in the model. As a result, the forecasting model with the time shift of 5 months shows the highest coefficient of determination, thus selected as the optimal model. The mean error rate is 2.95% which is a quite promising result.

• Asia pacific journal of information systems
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• v.34 no.1
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• pp.226-247
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• 2024

Most studies on recommender systems to evaluate recommendation performances focus on offline evaluation methods utilizing past customer transaction records. However, evaluating recommendation performance through real-world stimulation becomes challenging. Moreover, such methods cannot evaluate the duration of the recommendation effect. This study measures the personalized recommendation (stimulus) effect when the product recommendation to customers leads to actual purchases and evaluates the duration of the stimulus personalized recommendation effect leading to purchases. The results revealed a 4.58% improvement in recommendation performance in the online environment compared with that in the offline environment. Furthermore, there is little difference in recommendation performance in offline experiments by period, whereas the recommendation performance declines with time in online experiments.

• Journal of the Korean Society for information Management
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• v.32 no.2
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• pp.63-86
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• 2015

Big data refers to dataset whose size is beyond the ability of typical database software tools to capture, store, manage, and analyze. And now it is considered to create the new opportunity in every industry. The purpose of this study is to develop of big data services in public library for improved library services. To this end, analysed the type of library big data and needs of stockholders through the various methods such as deep interview, focus group interview, questionnaire. At first step, we defined the 16 big data service models from interview with librarians, and LIS professions. Second step, it was considered necessity, timeliness, possibility of development. We developed the final two services called on 'Decision Support Services for Public Librarians' and 'Book Recommendation Services for Users.'

• Journal of Digital Convergence
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• v.15 no.9
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• pp.167-178
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• 2017

Big Data is a key asset for the company and a key factor in boosting its competitiveness in the logistics sector. However, there is still a lack of research on how to collect, analyze and utilize Big Data in logistics. In this context, this study has developed a value model applicable to logistics companies based on the results of analysis and application of Big Data in the logistics of previous studies and DHL. The purpose of this study is to improve the operational efficiency and customer experience maximization level of logistics companies through utilization of big data analysis in logistics, to improve competitiveness of big data utilization and to develop new business opportunities. This study has a significance to newly create a value model for utilization of big data analysis in logistics sector and can provide implications for other industries as well as logistics sector in the future.

• The Journal of Bigdata
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• v.5 no.1
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• pp.97-108
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• 2020

As the domestic electric power industry becomes a smart grid, big data platforms for demand management, facility management, and customer service have been deployed. However, due to the nature of the big data project, big data platforms take time to realize their value in the business processes. Therefore, it is not easy to evaluate the performance of the initial big data platforms using the known or theoretical evaluation methods. In this paper, we propose a methodology of big data platform performance evaluation based on specific information quality such as information completeness/sufficiency, information reliability, information relevancy, information comparability, information unbiasedness, timeliness of information, related to the volume, diversity, and velocity of big data.

• Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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• v.33 no.6
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• pp.589-594
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• 2015

In reflection of road expansion and increasing use rates, interest has blossomed in predicting driving environment. In addition, a gigantic scale of big data is applied to almost every area around the world. Recently, technology development is being promoted in the area of road traffic particularly for traffic information service and analysis system in utilization of big data. This study examines actual cases of road management systems and road information analysis technologies, home and abroad. Based on the result, the limitations of existing technologies and road management systems are analyzed. In this study, a development direction and expected effort of the prediction of road information are presented. This study also examines regression analysis about relationship between guide name and traffic volume. According to the development of driving environment prediction platform, it will be possible to serve more reliable road information and also it will make safe and smart road infrastructures.

• Agribusiness and Information Management
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• v.5 no.2
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• pp.17-26
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• 2013

The purpose of this study is to prove that new values for the agricultural food area can be created by combining various big data collected in the agricultural food area and analyzing them in an appropriate analysis method. For this, the analysis techniques generally used were studied, and the use of the big data in the various areas of the current society was explored through practical application instances. In addition, by the current status and analysis instances of the big data use in the agricultural food area, this study was conducted to verify how the new values found were being used.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.10 no.8
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• pp.3826-3851
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• 2016

With traditional data storage solutions becoming too expensive and cumbersome to support Big Data processing, enterprises are now starting to outsource their data requirements to third parties, such as cloud service providers. However, this outsourced initiative introduces a number of security and privacy concerns. In this paper, homomorphic encryption is suggested as a mechanism to protect the confidentiality and privacy of outsourced data, while at the same time allowing third parties to perform computation on encrypted data. This paper also discusses the challenges of Big Data processing protection and highlights its differences from traditional data protection. Existing works on homomorphic encryption are technically reviewed and compared in terms of their encryption scheme, homomorphism classification, algorithm design, noise management, and security assumption. Finally, this paper discusses the current implementation, challenges, and future direction towards a practical homomorphic encryption scheme for securing outsourced Big Data computation.

• Journal of Information Processing Systems
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• v.20 no.3
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• pp.391-398
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• 2024

Given the further promotion of economic globalization, China's financial market has also expanded. However, at present, this market faces substantial risks. The main financial and economic risks in China are in the areas of policy, credit, exchange rates, accounting, and interest rates. The current status of China's financial market is as follows: insufficient attention from upper management; insufficient innovation in the development of the financial economy; and lack of a sound financial and economic risk protection system. To further understand the current situation of China's financial market, we conducted a questionnaire survey on the financial market and reached the following conclusions. A comprehensive enterprise questionnaire from the government's perspective, the enterprise's perspective and the individual's perspective showed that the following problems exist in the financial and economic risk prevention aspects of big data and Internet of Things in China. The political system at the country's grassroots level is not comprehensive enough. The legal regulatory system is not comprehensive enough, leading to serious incidents of loan fraud. The top management of enterprises does not pay enough attention to financial risk prevention. Therefore, we constructed a financial and economic risk prevention model based on big data and Internet of Things that has effective preventive capabilities for both enterprises and individuals. The concept reflected in the model is to obtain data through Internet of Things, use big data for screening, and then pass these data to the big data analysis system at the grassroots level for analysis. The data initially screened as big data are analyzed in depth, and we obtain the original data that can be used to make decisions. Finally, we put forward the corresponding opinions, and their main contents represent the following points: the key is to build a sound national financial and economic risk prevention and assessment system, the guarantee is to strengthen the supervision of national financial risks, and the purpose is to promote the marketization of financial interest rates.

• Journal of Digital Convergence
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• v.12 no.2
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• pp.397-407
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• 2014

Due to rapid development of medical information, a huge amount of information is being accumulated. Desires to conduct clinical researches by using this information are increasing, and medical institutions are encountering problems of aging society and drastic increase of medical expenses. Utilization of Big Data as an alternative is now being emphasized. The purpose of this study is to examine informatization of medical institutions and suggest political implications for Big Data utilization plans. Data was collected through literature searches and interviews with medical information professionals of medical institutions, from September to November, 2013, for four months. As a result of the study, it could be found that the hospital information system is improving from patient management and administration to researches and information strategies. Thus, national supports for medical expense reduction as well as fostering professional manpower should be provided, considering establishment of the system for utilization of Big Data and efficient application of unstructured data.