Adaptive Management Approach for more Availability of Big Data Business Analytics

Chehbi-Gamoura, Samia; Derrouiche, Ridha; Malhotra, Manisha; Koruca, Halil-Ibrahim

doi:10.1145/3234698.3234758

Cited by 20 publications

(6 citation statements)

References 38 publications

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“…The literature identifies many instances that managers should use business analytics in the management of risks. Chehbi-Gamoura et al argue that business analytics makes sense in risk management as they are competent in reducing or preventing repetitive losses [2].The most prevalent common source of losses is drawn from claims. Suppose that an accident were to happen at the workplace.…”

Section: Function Of Business Analyticsmentioning

confidence: 99%

“…As was the case in the past, manually gathering data has been eliminated, creating a more robust ability for enterprises to make better decisions. Chehbi-Gamoura et al mention that businesses are more likely today to know the risks arising from operational and strategic approaches today than they could do in the past [2]. Therefore, the adoption of management approaches is more informed and grounded in knowledge in modern enterprises.…”

Section: Function Of Business Analyticsmentioning

confidence: 99%

“…There are many benefits associated with business analytics that justify its adoption in risk management. Chehbi-Gamoura et al, identified the speed and efficiency of identifying trends and potential risks as some of the most significant advantages of business analytics in risk management [2]. Whichever industry the tools are applied in sporting future threats and finding ways to minimize risks is an important part of business operations.…”

Section: Advantages Of Business Analyticsmentioning

confidence: 99%

“…The next step in risk management is the assessment of risks and prioritization. The assessment and prioritization of risks are vital as it ensures that the business emphasizes crucial management areas [2]. The comprehension of the risk landscape must be extended to the readily available data and linked with strategic risks all the way to the operational and functional levels.…”

Section: The Use Of Business Analytics In Risk Managementmentioning

confidence: 99%

“…The second part that is also crucial is reporting. Relevant and timely reporting may be attained by embedding the whole risk management lifecycle on the technology platform [2]. Some business enables their platforms to generate scheduled and ondemand reports.…”

Section: The Use Of Business Analytics In Risk Managementmentioning

confidence: 99%

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Analysis on Business Analytics in Risk Management

Ding¹

2021

Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

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Data and business analytics have become very powerful and important tools in present business environments.Organizations have become very dependent on data produced in the market to carry out their operations in very competitive markets successfully. The most predominant use of these data sets has included boosting processes and ensuring that they are cost-efficient, improving changes and designing strategies, and monitoring and improving financial performance. However, the use of business analytics is not limited to businesses that will boost growth. Business analysis is also used to identify threats faced by businesses and provide solutions. To examine how business analysis can be used in business practices to improve strategic outcomes, this paper examines the use of business analysis to manage risk in an enterprise and identifies the advantages of using business analysis in managing risk and its characteristics. This paper will further explore the concepts provided by the literature on this subject, draw the conclusion that the use of business analytics provides an informed approach including continuous assessment, which is a central element in mitigating seen and unseen risks.

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Section: Function Of Business Analyticsmentioning

confidence: 99%

Section: Function Of Business Analyticsmentioning

confidence: 99%

Section: Advantages Of Business Analyticsmentioning

confidence: 99%

Section: The Use Of Business Analytics In Risk Managementmentioning

confidence: 99%

Section: The Use Of Business Analytics In Risk Managementmentioning

confidence: 99%

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Analysis on Business Analytics in Risk Management

Ding¹

2021

Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

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Gestion croisée des risques dans les industries orientées Big Data grâce â l'utilisation des Cartes Cognitives Floues

Chehbi-Gamoura

Derrouiche

Damand

et al. 2019

Logistique & Management

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Big Data and Predictive Analytics for Business Intelligence: A Bibliographic Study (2000–2021)

Chen

Wang

2022

Forecasting

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Big data technology and predictive analytics exhibit advanced potential for business intelligence (BI), especially for decision-making. This study aimed to explore current research studies, historic developing trends, and the future direction. A bibliographic study based on CiteSpace is implemented in this paper, 681 non-duplicate publications are retrieved from databases of Web of Science Core Collection (WoSCC) and Scopus from 2000 to 2021. The countries, institutions, cited authors, cited journals, and cited references with the most academic contributions were identified. Social networks and collaborations between countries, institutions, and scholars are explored. The cross degree of disciplinaries is measured. The hotspot distribution and burst keyword historic trend are explored, where research methods, BI-based applications, and challenges are separately discussed. Reasons for hotspots bursting in 2021 are explored. Finally, the research direction is predicted, and the advice is delivered to future researchers. Findings show that big data and AI-based methods for BI are one of the most popular research topics in the next few years, especially when it applies to topics of COVID-19, healthcare, hospitality, and 5G. Thus, this study contributes reference value for future research, especially for direct selection and method application.

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Adaptive Management Approach for more Availability of Big Data Business Analytics

Cited by 20 publications

References 38 publications

Analysis on Business Analytics in Risk Management

Analysis on Business Analytics in Risk Management

Gestion croisée des risques dans les industries orientées Big Data grâce â l'utilisation des Cartes Cognitives Floues

Big Data and Predictive Analytics for Business Intelligence: A Bibliographic Study (2000–2021)

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