A Data-driven Framework for Business Analytics in the Context of Big Data

Research output: Chapter in Book/Report/Conference proceedingPaper published in a conference proceedingspeer-review

52 Downloads (Pure)

Abstract

A vast amount of complex data has been generated in every aspect of business and this enables support for decision making through information processing and knowledge extraction. The growing amount of data challenges traditional methods of data analysis and this has led to the increasing use of emerging technologies. A data-driven framework is therefore proposed in this paper as a process to look at data and derive insights in a procedural manner. Key components within the framework are data pre-processing and integration together with data modelling and business intelligence – the corresponding methods and technology are discussed and evaluated in the context of big data. Real-world examples in health informatics and marketing have been used to illustrate the application of contemporary tools – in particular using data mining and statistical techniques, machine learning algorithms and visual analytics.
Original languageEnglish
Title of host publicationNew Trends in Databases and Information Systems - ADBIS 2018 Short Papers and Workshops, AI*QA, BIGPMED, CSACDB, M2U, BigDataMAPS, ISTREND, 2018, Proceedings
Subtitle of host publicationCurrent Trends in contemporary Information Systems and their Architectures workshop
EditorsAndrás Benczúr, Bernhard Thalheim, Tomáš Horváth, Silvia Chiusano, Tania Cerquitelli, Csaba Sidló, Peter Z. Revesz
Place of PublicationSwitzerland
Pages339-351
Number of pages13
Volume909
ISBN (Electronic)978-3-030-00063-9
DOIs
Publication statusPublished - 1 Sep 2018

Publication series

NameCommunications in Computer and Information Science
Volume909
ISSN (Print)1865-0929

Keywords

  • business analytics; conceptual modelling; data pre-processing; information visualisation; data mining; business intelligence; analytical tools; big data applications; decision support
  • Conceptual modelling
  • Big data applications
  • Business analytics
  • Analytical tools
  • Information visualisation
  • Data pre-processing
  • Business intelligence
  • Data mining
  • Decision support

Cite this