• Title/Summary/Keyword: Data-driven Management

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A Data-driven Approach for Computational Simulation: Trend, Requirement and Technology

  • Lee, Sunghee;Ahn, Sunil;Joo, Wonkyun;Yang, Myungseok;Yu, Eunji
    • Journal of Internet Computing and Services
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    • v.19 no.1
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    • pp.123-130
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    • 2018
  • With the emergence of a new paradigm called Open Science and Big Data, the need for data sharing and collaboration is also emerging in the computational science field. This paper, we analyzed data-driven research cases for computational science by field; material design, bioinformatics, high energy physics. We also studied the characteristics of the computational science data and the data management issues. To manage computational science data effectively it is required to have data quality management, increased data reliability, flexibility to support a variety of data types, and tools for analysis and linkage to the computing infrastructure. In addition, we analyzed trends of platform technology for efficient sharing and management of computational science data. The main contribution of this paper is to review the various computational science data repositories and related platform technologies to analyze the characteristics of computational science data and the problems of data management, and to present design considerations for building a future computational science data platform.

Implementation of a Network Provisioning System with User-driven and Trusty Protection Management

  • Lim, H.
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.11
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    • pp.4720-4738
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    • 2015
  • Proper management on user-driven virtual circuits (VCs) is essential for seamless operation of virtual networks. The Network Provisioning System (NPS) is useful software for creating user-driven VCs automatically and must take fault management into account for physical layer impairments on user-driven VCs. This paper addresses a user-driven and trusty protection management in an NPS with an open standard Network Service Interface (NSI), as a contribution to show how to implement the user-driven and trusty protection management required for user-driven VCs. In particular, it provides a RESTful web service Interface for Configuration and Event management (RICE) that enable management of a distinguished data and control plane VC status between Network Service Agents (NSAs) in the event of a node or link fault and repair in a domain. This capability represents a contribution to show how network and protection events in a domain can be monitored between NSAs (NPSs with the NSI) in multiple domains. The implemented NPS controls and manages both the primary and backup VC with disjoint path in a user-driven manner. A demonstration to verify RICE API's capability is addressed for the trusty protection in the dynamic VC network.

Data-driven Value-enhancing Strategies: How to Increase Firm Value Using Data Science

  • Hyoung-Goo Kang;Ga-Young Jang;Moonkyung Choi
    • Asia pacific journal of information systems
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    • v.32 no.3
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    • pp.477-495
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    • 2022
  • This paper proposes how to design and implement data-driven strategies by investigating how a firm can increase its value using data science. Drawing on prior studies on architectural innovation, a behavioral theory of the firm, and the knowledge-based view of the firm as well as the analysis of field observations, the paper shows how data science is abused in dealing with meso-level data while it is underused in using macro-level and alternative data to accomplish machine-human teaming and risk management. The implications help us understand why some firms are better at drawing value from intangibles such as data, data-science capabilities, and routines and how to evaluate such capabilities.

Exploring the Possibilities of Operation Data Use for Data-Driven Management in National R&D API Management System (데이터 기반 경영을 위한 국가R&D API관리시스템의 운영 데이터 활용 가능성 탐색)

  • Na, Hye-In;Lee, Jun-Young;Lee, Byeong-Hee;Choi, Kwang-Nam
    • The Journal of the Korea Contents Association
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    • v.20 no.4
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    • pp.14-24
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    • 2020
  • This paper aims to establish an efficient national R&D Application Programming Interface (API) management system for national R&D data-driven management and explore the possibility of using operational data according to the recent global data openness and sharing policy. In accordance with the trend of opening and sharing of national R&D data, we plan to improve management efficiency by analyzing operational data of the national R&D API service. For this purpose, we standardized the parameters for the national R&D APIs that were distributed separately by integrating the individual APIs to build a national R&D API management system. The results of this study revealed that the service call traffic of the national R&D API has shown 554.5% growth in the year as compared to the year 2015 when the measurement started. In addition, this paper also evaluations the possibility of using operational data through data preparation, analysis, and prediction based on service operations management data in the actual operation of national R&D integrated API management system.

Effects of CSR Motives on Authenticity and Attitude in the Food and Beverage Franchise Sectors (식음료 프랜차이즈 기업의 CSR 활동 동기에 대한 지각이 진정성 및 태도에 미치는 영향)

  • Hyun LEE;Yong-Ki LEE;Jae Youl KIM
    • The Korean Journal of Franchise Management
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    • v.14 no.4
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    • pp.1-16
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    • 2023
  • Purpose: Previous studies show that perceived CSR motives have a significant impact on company evaluations. However, consumer responses to CSR motives vary depending on CSR motives. From this perspective, this study investigates the impact of CSR motives on consumers' responses in the context of food and beverage franchise companies using a scenario. Research design, data, and methodology: For achieving the purposes of the study, an example of a domestic food and beverage franchise company actively carrying out CSR activities was presented. Data was collected from 304 respondents aged 20 or older who were aware of CSR activities. The respondents answered the questionnaire after reading the scenario. The data was analyzed with SPSS 28.0 and SmartPLS 4.0 program. Result: Values-driven motive and strategic motive influence authenticity, while stakeholder-driven motive and egoistic motive did not influence authenticity. Values-driven motive influences on attitude, while stakeholder-driven motive, strategic motive and egoistic motive didn't. Lastly, authenticity influences attitude. Conclusions: Companies need to be aware that consumers may infer different motives for their CSR activities, and pay close attention to consumers' perceived motives from the planning stage of CSR activities. In particular, companies should focus on the values-driven motive and the strategic motive when planning CSR activities.

An Integrated Translation of Nuclear Power Plant Design Data ftom Specification-driven Plant Design Systems to a Neutral Product Model (사양 기반 플랜트 설계 시스템에서 생성된 원자력 플랜트 설계 데이터의 중립 모델로의 통합 변환)

  • Mun, Du-Hwan;Yang, Jeong-Sam;Han, Soon-Hung
    • Korean Journal of Computational Design and Engineering
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    • v.14 no.2
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    • pp.96-104
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    • 2009
  • It gradually becomes important to study on how to efficiently integrate and manage plant lifecycle data such as 2D schematic and 3D solid data, logical configuration data, and equipment specifications data. From this point of view, converting plant design data from various systems into neutral data independent from any commercial systems is one of important technologies for the operation and management of plants which usually have a very long period of life. In order to achieve this goal, a neutral model for efficient integration and management of plant data was defined. After schema mapping between one of specification-driven plant design systems and the neutral model was performed, a plant data translator is also implemented according to the mapping result. Finally, by experiments with nuclear power plant design, the feasibility of the translator was demonstrated.

Some Observations for Portfolio Management Applications of Modern Machine Learning Methods

  • Park, Jooyoung;Heo, Seongman;Kim, Taehwan;Park, Jeongho;Kim, Jaein;Park, Kyungwook
    • International Journal of Fuzzy Logic and Intelligent Systems
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    • v.16 no.1
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    • pp.44-51
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    • 2016
  • Recently, artificial intelligence has reached the level of top information technologies that will have significant influence over many aspects of our future lifestyles. In particular, in the fields of machine learning technologies for classification and decision-making, there have been a lot of research efforts for solving estimation and control problems that appear in the various kinds of portfolio management problems via data-driven approaches. Note that these modern data-driven approaches, which try to find solutions to the problems based on relevant empirical data rather than mathematical analyses, are useful particularly in practical application domains. In this paper, we consider some applications of modern data-driven machine learning methods for portfolio management problems. More precisely, we apply a simplified version of the sparse Gaussian process (GP) classification method for classifying users' sensitivity with respect to financial risk, and then present two portfolio management issues in which the GP application results can be useful. Experimental results show that the GP applications work well in handling simulated data sets.

Citizens' Perceptions of Living Labs for a Better Living Environment: Perspectives of Millennials and Generation Z

  • Yoon-Cheong CHO
    • Journal of Wellbeing Management and Applied Psychology
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    • v.7 no.1
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    • pp.17-25
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    • 2024
  • Purpose: This study aims to explore the citizens' perceptions of living labs in the context of enhancing the living environment. Specifically, it employs quantitative research to investigate the perspectives of Millennials and Generation Z. This study proposed research questions to examine how the impacts of citizen-driven management, social factors, locally-driven management, open innovation operation, economic value, and environmental value influence the overall attitude toward living labs. Additionally, this study investigated the effects of overall attitudes on intention to participate in living labs and expected satisfaction towards living labs. Research design, data and methodology: This study employed an online survey conducted by a well-known research organization. Factor and regression analysis were utilized for data analysis. Results: The results revealed significant effects of citizen-driven management, social factors, economic value, and environmental value on overall attitude, with social factors exhibiting the highest effect size on overall attitude. Additionally, significant effects of overall attitude on intention and expected satisfaction were observed. Conclusions: The findings suggest which aspects of living labs should be fostered for the development of residents, the local economy, and citizens' quality of life, particularly with consideration of the perspectives of Millennials and Generation Z, who play a crucial role in utilizing a diverse array of ICT tools.

The Effects of Open Innovation on Innovation Productivity: Focusing on External Knowledge Search (기업의 개방형 혁신이 혁신 생산성에 미치는 영향: 외부 지식 탐색활동을 중심으로)

  • Lee, Jong-Seon;Park, Ji-Hoon;Bae, Zong-Tae
    • Knowledge Management Research
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    • v.17 no.1
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    • pp.49-72
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    • 2016
  • Extant research on firm innovation productivity is limited in measuring the innovation productivity, in which they measured firm innovation productivity by using either inputs or outputs of innovation. The present study complemented the extant research by employing Data Envelopment Analysis (DEA) approach to measure firm innovation productivity. Furthermore, this paper examined the effects of firms' external knowledge search, as one of open innovation practices, on firm innovation productivity, for open innovation activities are regarded as an influencing factor on firm innovation productivity in the previous literatures. Using the data of the Korean Innovation Survey (KIS) of manufacturing industries conducted in 2008, this study developed hypotheses in which we considered not only two dimensions of external knowledge search (breadth and depth) but also two subtypes of external knowledge search (market-driven and science-driven). The results found that searching deeply and market-driven search are positively related to firm innovation productivity, but science-driven search is somewhat negatively related to firm innovation productivity. Furthermore, market-driven search can mitigate the negative effect of science-driven search on innovation productivity.

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Data-Driven Modeling of Freshwater Aquatic Systems: Status and Prospects (자료기반 물환경 모델의 현황 및 발전 방향)

  • Cha, YoonKyung;Shin, Jihoon;Kim, YoungWoo
    • Journal of Korean Society on Water Environment
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    • v.36 no.6
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    • pp.611-620
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    • 2020
  • Although process-based models have been a preferred approach for modeling freshwater aquatic systems over extended time intervals, the increasing utility of data-driven models in a big data environment has made the data-driven models increasingly popular in recent decades. In this study, international peer-reviewed journals for the relevant fields were searched in the Web of Science Core Collection, and an extensive literature review, which included total 2,984 articles published during the last two decades (2000-2020), was performed. The review results indicated that the rate of increase in the number of published studies using data-driven models exceeded those using process-based models since 2010. The increase in the use of data-driven models was partly attributable to the increasing availability of data from new data sources, e.g., remotely sensed hyperspectral or multispectral data. Consistently throughout the past two decades, South Korea has been one of the top ten countries in which the greatest number of studies using the data-driven models were published. Among the major data-driven approaches, i.e., artificial neural network, decision tree, and Bayesian model, were illustrated with case studies. Based on the review, this study aimed to inform the current state of knowledge regarding the biogeochemical water quality and ecological models using data-driven approaches, and provide the remaining challenges and future prospects.