• Title/Summary/Keyword: Business Modeling

Search Result 1,867, Processing Time 0.03 seconds

Analysis of Reviews from Metaverse Platform Users Based on Topic Modeling

  • Jung Seung Lee
    • Journal of Information Technology Applications and Management
    • /
    • v.31 no.3
    • /
    • pp.93-104
    • /
    • 2024
  • This study conducts an in-depth analysis of user reviews from three leading metaverse platforms - Minecraft, Roblox, and Zepeto - using advanced topic modeling techniques to uncover key factors for business success. By examining a substantial dataset of user feedback, we identified and categorized the main themes and concerns expressed by users. Our analysis revealed that common issues across all platforms include technical functionality problems, user engagement and interest, payment concerns, and connection difficulties. Specifically, Minecraft users highlighted the importance of adventure and creativity, Roblox users expressed significant concerns about security and fraud, and Zepeto users focused heavily on the fairness of the in-game economy. The findings suggest that for metaverse platforms to achieve sustained success, they must prioritize the resolution of technical issues, enhance features that foster user engagement, ensure reliable connectivity, and address platform-specific concerns such as security for Roblox and payment fairness for Zepeto. These insights provide valuable guidance for developers and business strategists, emphasizing the need for robust technical infrastructure, engaging and diverse content, seamless user access, and transparent and fair economic systems. By addressing these key areas, metaverse platforms can improve user satisfaction, build a loyal user base, and secure long-term success in an increasingly competitive market.

The Object-Oriented Modeling for Drawing Information Management Systems (객체지향형 설계정보관리시스템 모델링)

  • 오태훈;김선호
    • The Journal of Society for e-Business Studies
    • /
    • v.1 no.2
    • /
    • pp.77-92
    • /
    • 1996
  • In recent years, the manufacturing industry begins to demand the PDM which integarates design and manufacturing information concurrently to reduce the time-to-market of new products. However, current commercialized PDM tools have drawbacks in representing by relational data modeling a variety of data types such as CAD files, images, audio, long text, etc. For this reason, object-oriented approaches are suggested as an alternative. In this paper, using one of object-oriented approaches, Rumbaugh's OMT(Object-Modeling Technique), we propose a data model of drawing information management systems essential for PDM. The scope of the model is limited to the information management for drawings, parts, and product structures. Static, dynamic and functional models are suggested in detail. In the models, the drawing status is classified into on-progress, approved, disposed, and released. Also, parts are classified into products, assemblies, and components.

  • PDF

Three Reasons We May Shun the Research Practice That Employs Formative Measurement in the Endogenous Position

  • Kim, Gimun;Shin, Bongsik;Kim, Kijoo
    • Journal of Information Technology Applications and Management
    • /
    • v.20 no.3
    • /
    • pp.129-141
    • /
    • 2013
  • When the formative construct is placed in the endogenous position, there are clear theoretical, mathematical, and empirical issues in model estimation. Nonetheless, scholars who have adopted structural equation modeling for empirical research and those who are engaged in debates on the viability of formative modeling fail to recognize the fundamental problems of employing formative measurement in the endogenous position. This manuscript is intended to set a corrective path by discussing three reasons why this frequented practice may be avoided in both theoretical and empirical research.

Analyzing User Feedback on a Fan Community Platform 'Weverse': A Text Mining Approach

  • Thi Thao Van Ho;Mi Jin Noh;Yu Na Lee;Yang Sok Kim
    • Smart Media Journal
    • /
    • v.13 no.6
    • /
    • pp.62-71
    • /
    • 2024
  • This study applies topic modeling to uncover user experience and app issues expressed in users' online reviews of a fan community platform, Weverse on Google Play Store. It allows us to identify the features which need to be improved to enhance user experience or need to be maintained and leveraged to attract more users. Therefore, we collect 88,068 first-level English online reviews of Weverse on Google Play Store with Google-Play-Scraper tool. After the initial preprocessing step, a dataset of 31,861 online reviews is analyzed using Latent Dirichlet Allocation (LDA) topic modeling with Gensim library in Python. There are 5 topics explored in this study which highlight significant issues such as network connection error, delayed notification, and incorrect translation. Besides, the result revealed the app's effectiveness in fostering not only interaction between fans and artists but also fans' mutual relationships. Consequently, the business can strengthen user engagement and loyalty by addressing the identified drawbacks and leveraging the platform for user communication.

Topic Modeling-based QFD Framework for Comparative Analysis between Competitive Products (경쟁 제품 간 비교 분석을 위한 토픽 모델링 기반 품질기능전개 프레임워크)

  • Chenghe Cui;Uk Jung
    • Journal of Korean Society for Quality Management
    • /
    • v.51 no.4
    • /
    • pp.701-713
    • /
    • 2023
  • Purpose: The primary purpose of this study is to integrate text mining and Quality Function Deployment (QFD) to automatically extract valuable information from customer reviews, thereby establishing a QFD frame- work to confirm genuine customer needs for New Product Development (NPD). Methods: Our approach combines text mining and QFD through topic modeling and sentiment analysis on a large data set of 56,873 customer reviews from Zappos.com, spanning five running shoe brands. This process objectively identifies customer requirements, establishes priorities, and assesses competitive strengths. Results: Through the analysis of customer reviews, the study successfully extracts customer requirements and translates customer experience insights and emotions into quantifiable indicators of competitiveness. Conclusion: The findings obtained from this research offer essential design guidance for new product develop- ment endeavors. Importantly, the significance of these results extends beyond the running shoe industry, presenting broad and promising applications across diverse sectors.

Business Process and Navigation Modeling for Web-based Information System including Digital Contents (디지털컨텐츠를 포함한 웹기반 정보시스템의 재구성을 위한 비즈니스 프로세스 및 항해 모델링)

  • Choi Sang-Su;Hwang Sung-Ha;Park Hark-Soo;Jang Soo-Jin;Lee Gang-Soo
    • Journal of Digital Contents Society
    • /
    • v.3 no.1
    • /
    • pp.23-35
    • /
    • 2002
  • Recently, digital contents systems have been constructed by means of a Web-based Information Systems(WBIS). However, developers supper from the Web Crisis since there is no systematic methodology for development and maintenance of the WBIS. To partially cope with the problem, we propose web-based business process and navigation modeling methods for efficient restructuring of a WBIS. A Business Process Net model is the business process model. Additionally, system structure model, state transition model, and user interaction model are the navigation models. These models might be useful for development and restructuring of a WBIS which includes digital contents.

  • PDF

E-Business and Simulation

  • Park, Sung-Joo
    • Proceedings of the Korea Society for Simulation Conference
    • /
    • 2001.10a
    • /
    • pp.9-10
    • /
    • 2001
  • Simulation has been evolved with the advance of computer and technique of modeling application systems. Early simulations were numerical analysis of engineering models known as continuous simulation, analysis of random events using various random number generators thus named as Monte Carlo simulation, iud analysis o(\\\\`queues which are prevalent in many real world systems including manufacturing, transportation, telecommunication. Discrete-event simulation has been used far modeling and analyzing the systems with waiting lines and inefficient delays. These simulations, either discrete-event, continuous, or hybrid, have played a key role in industrial age by helping to design and implement the efficient real world systems. In the information age which has been brought up by the advent of Internet, e-business has emerged. E-business, any business using Internet, can be characterized by the network of extended enterprises---extended supply and demand chains. The extension of value chains spans far reaching scope in business functions and space globally. It also extends to the individual customer, customer preferences and behaviors, to find the best service and product fit for each individual---mass customization. Simulation should also play a key role in analyzing and evaluating the various phenomena of e-business where the phenomena can be characterized by dynamics, uncertainty, and complexity. In this tutorial, applications of simulation to e-business phenomena will be explained and illustrated. Examples are the dynamics of new economy, analysis of e-business processes, virtual manufacturing system, digital divide phenomena, etc. Partly influenced by e-business, a new trend of simulation has emerged called agent-based simulation, Agent-based simulation is a technique of simulation using software agent that have autonomy and proactivity which are useful in analyzing and integrating numerous individual customer's behavior. One particular form of agent-based simulation is swarm. This tutorial concludes with the illustration of swarm or swarm Intelligence applied to various e-business applications, and future directions and implications of this new trend of simulation.

  • PDF

The Study of the electronic Access Service Model for Supply Chain (공급망을 위한 전자적 접근 서비스 모델 연구)

  • Ahn, Kyeongrim;Lee, Suyoun
    • Convergence Security Journal
    • /
    • v.14 no.4
    • /
    • pp.95-100
    • /
    • 2014
  • The trend of business work that is related to supply chain changed into e-business using the electronic document However, the small and medium enterprise organizations still use huge volume of paper document, especially in private sector. Recently, the need for eco-friendly and low cost logistics becomes increasing. For this, it has expanded to exchange or to use e-document rather than the paper or manual processing in supply chain business. Therefore, this paper proposed the electronic access system for supply chain by business process modeling. If it is using the proposed system, it can be saving the exchanged or the scanned document to system, and user can utilize that document on just accessing system whenever they need the document. We believe it might reduce the burden of each organization because they don't need to save large volume data to their system or place. Furthermore, the benefits will effect across the national as well as global.

A mechanism for Converting BPMN model into Feature model based on syntax (구조 기반 BPMN 모델의 Feature 모델로 변환 기법)

  • Song, Chee-Yang;Kim, Chul-Jin
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.17 no.1
    • /
    • pp.733-744
    • /
    • 2016
  • The legacy methods for converting a business model to a feature model make it difficult to support an automatic transformation due to a dependence on a domain analyzers' intuitions, which hinders the feature oriented development for the integration of feature modeling in business modeling. This paper proposes a method for converting a BPMN business model into a feature model based on syntax. To allow the conversion between the heterogeneous models from BPMN to the FM(Feature Model), it defines the grouping mechanism based activities' syntax, and then makes translation rules and a method based on the element (represent business function) and structure (relationships and process among elements), which are common constructs of their models. This method was applied to an online shopping mall system as a case study. With this mechanism, it will help develop a mechanical or automated structure transformation from the BPMN model to the FM.

Firms' Diversification Strategy and Long-Term Performance

  • Choi Jong-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • autumn
    • /
    • pp.88-95
    • /
    • 2003
  • A firm's business composition and the sales volume of each business segment are subject to change depending, to a considerable extent, on the firm's business strategy. These changes were weighted and represented as a single index, referred to by scholars in strategic management and industrial organization research fields as 'firm entropy' then its impact on firms' profitability was assessed over twelve years. The performance differences between contractor and non-contractor firms, as well as focused and diversified firms, were compared through a Longitudinal Data Analysis Technique within a Hierarchical Linear Modeling framework. Hypothesis was formulated based on firm diversification theories and previous research findings. The hypothesis was tested according to the modeling outcomes, and implications are presented. The research findings indicate that the level of firms' long-term profitability supports the argument that the construction industry is highly competitive and mature.

  • PDF