• Title/Summary/Keyword: Market Analytics

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A COMPARISON STUDY OF EXPLICIT AND IMPLICIT NUMERICAL METHODS FOR THE EQUITY-LINKED SECURITIES

  • YOO, MINHYUN;JEONG, DARAE;SEO, SEUNGSUK;KIM, JUNSEOK
    • Honam Mathematical Journal
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    • v.37 no.4
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    • pp.441-455
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    • 2015
  • In this paper, we perform a comparison study of explicit and implicit numerical methods for the equity-linked securities (ELS). The option prices of the two-asset ELS are typically computed using an implicit finite diffrence method because an explicit finite diffrence scheme has a restriction for time steps. Nowadays, the three-asset ELS is getting popularity in the real world financial market. In practical applications of the finite diffrence methods in computational finance, we typically use relatively large space steps and small time steps. Therefore, we can use an accurate and effient explicit finite diffrence method because the implementation is simple and the computation is fast. The computational results demonstrate that if we use a large space step, then the explicit scheme is better than the implicit one. On the other hand, if the space step size is small, then the implicit scheme is more effient than the explicit one.

Agriculture Big Data Analysis System Based on Korean Market Information

  • Chuluunsaikhan, Tserenpurev;Song, Jin-Hyun;Yoo, Kwan-Hee;Rah, Hyung-Chul;Nasridinov, Aziz
    • Journal of Multimedia Information System
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    • v.6 no.4
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    • pp.217-224
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    • 2019
  • As the world's population grows, how to maintain the food supply is becoming a bigger problem. Now and in the future, big data will play a major role in decision making in the agriculture industry. The challenge is how to obtain valuable information to help us make future decisions. Big data helps us to see history clearer, to obtain hidden values, and make the right decisions for the government and farmers. To contribute to solving this challenge, we developed the Agriculture Big Data Analysis System. The system consists of agricultural big data collection, big data analysis, and big data visualization. First, we collected structured data like price, climate, yield, etc., and unstructured data, such as news, blogs, TV programs, etc. Using the data that we collected, we implement prediction algorithms like ARIMA, Decision Tree, LDA, and LSTM to show the results in data visualizations.

A Design and Implementation of Mobile Application Usage Pattern Analysis System (모바일 어플리케이션 이용패턴 분석 시스템의 설계와 구현)

  • Park, DongGyu;Kim, SungKwan
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.18 no.9
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    • pp.2272-2279
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    • 2014
  • Mobile applications are software systems running on handheld devices, such as smartphones, PDAs, tablets and so on. The market of mobile application has rapidly expanded in the past few years. In this paper, we present a novel approach to track smartphone application usage from a event logs on the mobile device and analyzed both on client system and usage analysis server. We implemented our client system on Android device based usage analytics platform. Based on the analysis server system, we obtained over 47,000 user base, and we get the user's app usage informations on realtime. In this paper, we describe a large scale deployment-based research for a smartphone usage patterns and usage information visualization techniques.

Exploring Image Processing and Image Restoration Techniques

  • Omarov, Batyrkhan Sultanovich;Altayeva, Aigerim Bakatkaliyevna;Cho, Young Im
    • International Journal of Fuzzy Logic and Intelligent Systems
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    • v.15 no.3
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    • pp.172-179
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    • 2015
  • Because of the development of computers and high-technology applications, all devices that we use have become more intelligent. In recent years, security and surveillance systems have become more complicated as well. Before new technologies included video surveillance systems, security cameras were used only for recording events as they occurred, and a human had to analyze the recorded data. Nowadays, computers are used for video analytics, and video surveillance systems have become more autonomous and automated. The types of security cameras have also changed, and the market offers different kinds of cameras with integrated software. Even though there is a variety of hardware, their capabilities leave a lot to be desired. Therefore, this drawback is trying to compensate by dint of computer program solutions. Image processing is a very important part of video surveillance and security systems. Capturing an image exactly as it appears in the real world is difficult if not impossible. There is always noise to deal with. This is caused by the graininess of the emulsion, low resolution of the camera sensors, motion blur caused by movements and drag, focus problems, depth-of-field issues, or the imperfect nature of the camera lens. This paper reviews image processing, pattern recognition, and image digitization techniques, which will be useful in security services, to analyze bio-images, for image restoration, and for object classification.

Customer Classification and Market Basket Analysis Using K-Means Clustering and Association Rules: Evidence from Distribution Big Data of Korean Retailing Company (군집분석과 연관규칙을 활용한 고객 분류 및 장바구니 분석: 소매 유통 빅데이터를 중심으로)

  • Liu, Run-Qing;Lee, Young-Chan;Mu, Hong-Lei
    • Knowledge Management Research
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    • v.19 no.4
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    • pp.59-76
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    • 2018
  • With the arrival of the big data era, customer data and data mining analysis have gradually dominated the process of Customer Relationship Management (CRM). This phenomenon indicates that customer data along with the use of information techniques (IT) have become the basis for building a successful CRM strategy. However, some companies can not discover valuable information through a large amount of customer data, which leads to the failure of making appropriate business strategy. Without suitable strategies, the companies may lose the competitive advantage or probably go bankrupt. The purpose of this study is to propose CRM strategies by segmenting customers into VIPs and Non-VIPs and identifying purchase patterns using the the VIPs' transaction data and data mining techniques (K-means clustering and association rules) of online shopping mall in Korea. The results of this paper indicate that 227 customers were segmented into VIPs among 1866 customers. And according to 51,080 transactions data of VIPs, home product and women wear are frequently associated with food, which means that the purchase of home product or women wears mainly affect the purchase of food. Therefore, marketing managers of shopping mall should consider these shopping patterns when they build CRM strategy.

A Study on Energy Platform Using Data in the US: Based on Opening Platform Model

  • Song, Minzheong
    • International journal of advanced smart convergence
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    • v.10 no.3
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    • pp.41-50
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    • 2021
  • The purpose of this study is to analyze various energy platforms using data in the US and to suggest directions and implications. Some of the leading energy platforms are selected and analyzed based on the opening platform model. We focus on the case analysis of the US utility companies. In case of the horizontal open platform, Green Button sponsor's 'Connect My Data (CMD)' driven by the government invites the utility companies to jointly develop the sponsor's data solution. In case of the vertical open platform, the certification program 'Share My Data (SMD)' allows backward compatibility, because the technical improvement is minimal. The utility companies benchmark Amazon's three-sided market mediation and prefer platform and category exclusivity. For the former, they have data analytics companies like Enervee, Opower and for the latter, they have electronics manufactures and energy service providers (ESPs) like Distributed Energy Resources (DERs). Based on this US case study, we suggest the energy platforms to open their platform for renewable energy supply, energy conservation, high-efficiency products, and residential DER dissemination. To successfully implement the government's energy transition policy, the US platforms should be benchmarked as a business model. Especially, it is needed for them to coordinate a platform ecosystem. To ensure trust in the products and services offered on the marketplace platform, platform's certification program is helpful.

A Methodology for Customer Core Requirement Analysis by Using Text Mining : Focused on Chinese Online Cosmetics Market (텍스트 마이닝을 활용한 사용자 핵심 요구사항 분석 방법론 : 중국 온라인 화장품 시장을 중심으로)

  • Shin, Yoon Sig;Baek, Dong Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.2
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    • pp.66-77
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    • 2021
  • Companies widely use survey to identify customer requirements, but the survey has some problems. First of all, the response is passive due to pre-designed questionnaire by companies which are the surveyor. Second, the surveyor needs to have good preliminary knowledge to improve the quality of the survey. On the other hand, text mining is an excellent way to compensate for the limitations of surveys. Recently, the importance of online review is steadily grown, and the enormous amount of text data has increased as Internet usage higher. Also, a technique to extract high-quality information from text data called Text Mining is improving. However, previous studies tend to focus on improving the accuracy of individual analytics techniques. This study proposes the methodology by combining several text mining techniques and has mainly three contributions. Firstly, able to extract information from text data without a preliminary design of the surveyor. Secondly, no need for prior knowledge to extract information. Lastly, this method provides quantitative sentiment score that can be used in decision-making.

A Study on Big Data Analytics Services and Standardization for Smart Manufacturing Innovation

  • Kim, Cheolrim;Kim, Seungcheon
    • International Journal of Internet, Broadcasting and Communication
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    • v.14 no.3
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    • pp.91-100
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    • 2022
  • Major developed countries are seriously considering smart factories to increase their manufacturing competitiveness. Smart factory is a customized factory that incorporates ICT in the entire process from product planning to design, distribution and sales. This can reduce production costs and respond flexibly to the consumer market. The smart factory converts physical signals into digital signals, connects machines, parts, factories, manufacturing processes, people, and supply chain partners in the factory to each other, and uses the collected data to enable the smart factory platform to operate intelligently. Enhancing personalized value is the key. Therefore, it can be said that the success or failure of a smart factory depends on whether big data is secured and utilized. Standardized communication and collaboration are required to smoothly acquire big data inside and outside the factory in the smart factory, and the use of big data can be maximized through big data analysis. This study examines big data analysis and standardization in smart factory. Manufacturing innovation by country, smart factory construction framework, smart factory implementation key elements, big data analysis and visualization, etc. will be reviewed first. Through this, we propose services such as big data infrastructure construction process, big data platform components, big data modeling, big data quality management components, big data standardization, and big data implementation consulting that can be suggested when building big data infrastructure in smart factories. It is expected that this proposal can be a guide for building big data infrastructure for companies that want to introduce a smart factory.

Food Security through Smart Agriculture and the Internet of Things

  • Alotaibi, Sara Jeza
    • International Journal of Computer Science & Network Security
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    • v.22 no.11
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    • pp.33-42
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    • 2022
  • One of the most pressing socioeconomic problems confronting humanity on a worldwide scale is food security, particularly in light of the expanding population and declining land productivity. These causes have increased the number of people in the world who are at risk of starving and have caused the natural ecosystems to degrade at previously unheard-of speeds. Happily, the Internet of Things (IoT) development provides a glimmer of light for those worried about food security through smart agriculture-a development that is particularly relevant to automating food production operations in order to reduce labor expenses. When compared to conventional farming techniques, smart agriculture has the benefit of maximizing resource use through precise chemical input application and regulation of environmental factors like temperature and humidity. Farmers may make data-driven choices about the possibility of insect invasion, natural disasters, anticipated yields, and even prospective market shifts with the use of smart farming tools. The technical foundation of smart agriculture serves as a potential response to worries about food security. It is made up of wireless sensor networks and integrated cloud computing modules inside IoT.

An Application of the Analytical Hierarchy Process (AHP) for Safety measurement in Malaysian Construction Industry

  • Samad Doostdar;Zubaidah Ismail
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.66-73
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    • 2013
  • Analytical Hierarchy Process (AHP) is a famous method amongst Multi Criteria Decision Making (MCDM), set up by Saaty in 1980. AHP can be determined as a methodology of hierarchical analysis following reasonable decision making with make simpler a difficult crisis. Decision making in systems of Safety management concerned multipart challenges. AHP is process for get better the composite decisions understanding with analyzes of the problem in a structure of hierarchy. The integration all of applicable decision criteria, their pair wise judgment permits the decision maker to establish the trade-offs amongst objectives. In recent years, Malaysian's economy and infrastructure development have significantly and rapidly risen. The construction industry continues to play a major role in this development as many construction activities have been carried out to meet the high demands of the expansive market. However, the construction industry has faced a wide range of challenges, one of which is the frequent occurrences of accidents at the workplace. An effective safety program can substantially reduce accidents because it can help management to build up safer means of operations and create safe working environments for the workers. Furthermore, by having an effective safety programs, good safety culture can be embedded in organization because it can encourage mutual cooperation between management and workers in the operations of the programs and decisions that affect their safety and health. The focus of this research is development methodology of Analytics Hierarchy Process (AHP) in construction safety factors and investigates the levels of some effective elements in SMS in Malaysian construction industries.

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