...ANALYTICS: FROM BIG DATA TO BIG IMPACT Hsinchun Chen Eller College of Management, University of Arizona, Tucson, AZ 85721 U.S.A. {hchen@eller.arizona.edu} Roger H. L. Chiang Carl H. Lindner College of Business, University of Cincinnati, Cincinnati, OH 45221-0211 U.S.A. {chianghl@ucmail.uc.edu} Veda C. Storey J. Mack Robinson College of Business, Georgia State University, Atlanta, GA 30302-4015 U.S.A. {vstorey@gsu.edu} Business intelligence and analytics (BI&A) has emerged as an important area of study for both practitioners and researchers, reflecting the magnitude and impact of data-related problems to be solved in contemporary business organizations. This introduction to the MIS Quarterly Special Issue on Business Intelligence Research first provides a framework that identifies the evolution, applications, and emerging research areas of BI&A. BI&A 1.0, BI&A 2.0, and BI&A 3.0 are defined and described in terms of their key characteristics and capabilities. Current research in BI&A is analyzed and challenges and opportunities associated with BI&A research and education are identified. We also report a bibliometric study of critical BI&A publications, researchers, and research topics based on more than a decade of related academic and industry publications. Finally, the six articles that comprise this special issue are introduced and characterized in terms of the proposed BI&A research framework. Keywords: Business intelligence and analytics, big data analytics, Web 2.0 Introduction...
Words: 16335 - Pages: 66
...DATA TO BIG IMPACT Hsinchun Chen Eller College of Management, University of Arizona, Tucson, AZ 85721 U.S.A. {hchen@eller.arizona.edu} Roger H. L. Chiang Carl H. Lindner College of Business, University of Cincinnati, Cincinnati, OH 45221-0211 U.S.A. {chianghl@ucmail.uc.edu} Veda C. Storey J. Mack Robinson College of Business, Georgia State University, Atlanta, GA 30302-4015 U.S.A. {vstorey@gsu.edu} Business intelligence and analytics (BI&A) has emerged as an important area of study for both practitioners and researchers, reflecting the magnitude and impact of data-related problems to be solved in contemporary business organizations. This introduction to the MIS Quarterly Special Issue on Business Intelligence Research first provides a framework that identifies the evolution, applications, and emerging research areas of BI&A. BI&A 1.0, BI&A 2.0, and BI&A 3.0 are defined and described in terms of their key characteristics and capabilities. Current research in BI&A is analyzed and challenges and opportunities associated with BI&A research and education are identified. We also report a bibliometric study of critical BI&A publications, researchers, and research topics based on more than a decade of related academic and industry publications. Finally, the six articles that comprise this special issue are introduced and characterized in terms of the proposed BI&A research framework. Keywords: Business intelligence and analytics, big data analytics, Web 2.0 ...
Words: 16335 - Pages: 66
...Theories of Systems Analysis and Design for Integrated Business Solutions Xin Tian Herzing University Theories of Systems Analysis and Design for Integrated Business Solutions Introduction The word system comes from the Greek work “systema” defined as an organized relationship among functioning components or units. Business system analysis and design breaks down the entity’s components into its basic constituents for the purpose of studying how each component works with other components in the fulfillment of the business purpose (Grady, 2007). Business system analysis and design entails identifying the goals of an enterprise. Next, the analyst develops systems that will fulfill these goals through studying the basic components of the system with the aim of fulfilling the business’ goals in an efficient way. The analysis aspect of the system deals with what the systems should do while the design part outlines how the system will fulfill its purpose. A basic system will consists of two or several interrelated constituents. Each element of the system will consist of three properties. 1) Each component affects the functioning of the entire system. 2. Each component is affected by at least one other component in the system. 3. All subsystems of the components have the first two properties. Systems analysis and design for integrated business solutions entail three levels. The first level is the...
Words: 1264 - Pages: 6
...Management |2 | |7. |Executive Communication |6 | |8. |National Economic Planning – I (Presentation Only) |2 | |9. |National Economic Planning - II |2 | BUSINESS STATISTICS (As per University Syllabus) UNIT 1. BUSINESS STATISTICS - WHAT AND WHY? INTRODUCTION • Definition of statistics • Five stages of statistical investigation - Collection - Organization - Presentation - Analysis - Interpretation • Functions of statistics • Limitations of statistics COLLECTION OF DATA • Primary data: use and...
Words: 1759 - Pages: 8
...Schools of Business Program Overview The PhD in Management Information Systems (PhD in MIS) provides graduates with theoretical knowledge and methodological skills to help them establish successful careers as productive researchers, scientists and scholars at leading universities and research institutes as well as industrial or business organizations. Both the technical aspects and the organizational impact of information management are stressed. The PhD in MIS provides students with: • An interdisciplinary business understanding of how technology can affect an organization’s behavior, structure, and function • A thorough grounding in the fundamental concepts of the design, development, use and application of information and communication technologies in an organizational setting • Original knowledge in IS research Our Faculty Applicants are advised to review the specific research interests of faculty in each area so they may become familiar with the range and scope of research activity and identify a potential adviser within the specialization or combined areas of study. For more information on faculty research, visit go.uic.edu/PhDMIS. NSF IGERT DOCTORAL FELLOWSHIP IN ELECTRONIC SECURITY AND PRIVACY The UIC Liautaud Graduate School of Business invites applications for a new interdisciplinary PhD concentration in electronic security and privacy. Candidates will apply for a PhD in MIS or other areas, mentioning their interest in digital security and privacy. The goal is...
Words: 1070 - Pages: 5
...Algorithms CSEC 630 University of Maryland University College Professor Jingyu Zhang 1. Which tool or technique would be most effective for a cryptanalyst to use to decipher a text encrypted with the Caesar cipher, and why? The best analysis tool to break the Caesar cipher is histogram because it performs a statistical analysis on cipher text which shows the frequency of each letter used in the file. This can later be compared and matched to the frequency of letters in the English language. 2. What do you notice about the histogram results when text is encrypted with the Vigenère cipher in comparison to the results of the Caesar cipher? Why is this the case? Histogram simply gives the frequency of each individual letter in cipher text without taking the plaintext into consideration. Since in Caesar cipher the relationship between plaintext and cipher text is one to one, histogram is more efficient to break the cipher. Since the key in vigenere is somewhat random the histogram shown below seems random as well. 3. There is an error in the following cipher text representation of this quote, what is it? The original unencrypted message is: TH ED IF FE RE NC EB ET WE EN ST UP ID IT YA ND GE NI US IS TH AT GE NI US HA SI TS LI MI TS The original encrypted message is: THE CORRECT CIPHERTEXT SD AH FO HL AR ST RE AS YL BS CI MQ TF NI VE TG HB SN QC NC SD TD HB SN QC DE CN IC IF OT IC This is the error example: SDAHFOWGRABSSRERIVBYBSCIMQTFNIVETGHBSNQCNCSDTDHBSNQCDECNICIFCTIC ...
Words: 1083 - Pages: 5
...purpose of the paper is to investigate issues relating to the management information systems of agricultural extension providers in Iran. A survey study was applied as a methodology of research work. Data were collected using a structured questionnaire that addressed evaluating managers’ responses with regard to management information system (MIS) key issues. All issues had mean score greater than five as perceived by managers. This would suggest that most key issues are moderately important in the present time. To delineate more clearly the relationships between the organizational factors and MIS key issues ratings, a descriptive model is currently under development. Future work is to formulate a research model that more precisely describes the relationship between the organization's factors and the MIS key issues rankings across the countries. The organization factors should extend factors covered in the present study to those that are broadly pertinent to the dimensions of the organization's operating environment. To identification of issues of agricultural extension management information system, and how the managers rate the importance of the MIS issues according to organizational factors. The paper advances a clear plan of action for improving the management information system in the area of agricultural extension providers to all...
Words: 5089 - Pages: 21
...although it is hard to address empirically because of difficulties in obtaining data about IT investment that can be linked to firm performance (Anderson, 2006). After globalization, the world became a small country so the IT applications became mandatory to any industry for online communication as anyone nowadays can search for whatever, whenever and wherever he is through online internet connection. The aim of this research is to address the effect of investment in IT sector and the tourism firm profitability and how does it affect the growth and cost reduction in tourism sector by questionnaire and collecting finical data from a firms working that field. Abstract Information Technology (IT) has become mandatory in the businesses, till now many of the developing countries consider the IT as a very costly sector to invest in, unlike the civilized nations whom invest much more in IT although it is still expensive but they recognize how much it important to their business. The objective of this study is to find the relation and its direction between investing in the IT sector and the effectiveness on company profitability. Keywords: Information Technology, IT, Profit, Profitability, Tourism Literature Review According to Daniel (1994), IT is the application of technology to business processes, gathering data and creating...
Words: 2453 - Pages: 10
...ARTIFICIAL NEURAL NETWORKS METHODOLOGICAL ADVANCES AND BIOMEDICAL APPLICATIONS Edited by Kenji Suzuki Artificial Neural Networks - Methodological Advances and Biomedical Applications Edited by Kenji Suzuki Published by InTech Janeza Trdine 9, 51000 Rijeka, Croatia Copyright © 2011 InTech All chapters are Open Access articles distributed under the Creative Commons Non Commercial Share Alike Attribution 3.0 license, which permits to copy, distribute, transmit, and adapt the work in any medium, so long as the original work is properly cited. After this work has been published by InTech, authors have the right to republish it, in whole or part, in any publication of which they are the author, and to make other personal use of the work. Any republication, referencing or personal use of the work must explicitly identify the original source. Statements and opinions expressed in the chapters are these of the individual contributors and not necessarily those of the editors or publisher. No responsibility is accepted for the accuracy of information contained in the published articles. The publisher assumes no responsibility for any damage or injury to persons or property arising out of the use of any materials, instructions, methods or ideas contained in the book. Publishing Process Manager Ivana Lorkovic Technical Editor Teodora Smiljanic Cover Designer Martina Sirotic Image Copyright Bruce Rolff, 2010. Used under license from Shutterstock.com First published March, 2011 Printed in...
Words: 43079 - Pages: 173
...Management Information System (MIS) enables small business organization to focus on solving business problems and creating new opportunity with technology. In his article titled “The impact of Management Information System effectiveness on task productivity”, Trivellas explains that “management information system (MIS) is the basic tool to support planning and controlling functions of the managers in small business organization” (2013). He states that MIS touches almost all areas of business, such as manufacturing, accounting & finance, human resource and marketing. Trivellas conducted a survey to investigate the impact of MIS in small business sector such as banking. According to his survey, MIS provides necessary information for managers so that they can able to monitor the organization’s activities and make important decisions accordingly. On the other hand, many other authors state that while MIS provides several benefits to the organization, Trivellas fails to mention the issues and the challenges associated with implementing the MIS technology. The authors find that installing MIS can be expensive for small business organization. The organization should create a separate budget to ensure that the system is current. Trivellas ignore the fact that maintenance of the system is another issue that comes along with installing MIS. Companies should hire someone to keep the system operating effectively. This increases labor cost. Moreover, MIS sometimes become ineffective...
Words: 2382 - Pages: 10
...accounting firms. This study focuses on five offices of an international public accounting firm that recently made large IT investments, primarily in audit software and knowledge-sharing applications. Both qualitative and quantitative information from the research site are analyzed to estimate the change in productivity following the implementation of IT. The results from both regression analysis and Data Envelopment Analysis (DEA) indicate significant productivity gains following IT implementation, documenting the value impact of IT in a public accounting firm. Keywords: public accounting; information technology (IT); IT productivity; IT adoption; data envelopment analysis. Data Availability: The confidentiality agreement with the firm that provided the data for this study precludes revealing its identity and disseminating detailed data without its written consent. I. INTRODUCTION dvances in information technology (IT) have transformed many firms in professional services industries, but perhaps none as much as those in the public accounting industry. Once a slowpaced and conservative industry, public accounting underwent tremendous changes at the turn of the millennium, sparked largely by the rapid changes in its IT environment (Elliott 2000). Audit software and knowledge-sharing applications are two crucial components of these changes. Automation of audit tasks and use of specialized audit software has...
Words: 8102 - Pages: 33
...accounting firms. This study focuses on five offices of an international public accounting firm that recently made large IT investments, primarily in audit software and knowledge-sharing applications. Both qualitative and quantitative information from the research site are analyzed to estimate the change in productivity following the implementation of IT. The results from both regression analysis and Data Envelopment Analysis (DEA) indicate significant productivity gains following IT implementation, documenting the value impact of IT in a public accounting firm. Keywords: public accounting; information technology (IT); IT productivity; IT adoption; data envelopment analysis. Data Availability: The confidentiality agreement with the firm that provided the data for this study precludes revealing its identity and disseminating detailed data without its written consent. I. INTRODUCTION dvances in information technology (IT) have transformed many firms in professional services industries, but perhaps none as much as those in the public accounting industry. Once a slowpaced and conservative industry, public accounting underwent tremendous changes at the turn of the millennium, sparked largely by the rapid changes in its IT environment (Elliott 2000). Audit software and knowledge-sharing applications are two crucial components of these changes. Automation of audit tasks and use of...
Words: 8102 - Pages: 33
...APPLICATIONS OF QUALITATIVE AND QUANTITATIVE TECHNIQUES OF MANAGEMENT IN ADMINISTRATIVE/ACADEMIC DECISION-MAKING IN INSTITUTIONS OF HIGHER EDUCATION IN VIRGINIA by Carlos A. Valero Dissertation submitted to the Faculty of the Virginia Polytechnic Institute and State University in partial fulfillment of the requirements for the degree of DOCTOR OF EDUCATION in Educational Administration APPROVED: ______________________ Don G. Creamer, Chairman __________________________________ ____________________________ Karl T. Hereford _________________________ Stephen R. Parson January, 1997 Blacksburg, Virginia David J. Parks ____________________ John W. Dickey APPLICATIONS OF QUALITATIVE AND QUANTITATIVE TECHNIQUES OF MANAGEMENT IN ADMINISTRATIVE/ACADEMIC DECISION-MAKING IN INSTITUTIONS OF HIGHER EDUCATION IN VIRGINIA by Carlos A. Valero Educational Administration Don G. Creamer, Chair Abstract The purpose of this study was to examine the status and extent to which administrators of colleges and universities in the state of Virginia apply qualitative and quantitative techniques of management in planning, directing, reporting, and controlling activities for enhancing their administrative and academic decision-making capability. The study was directed to the top and operative organizational levels in two categories of administrators (nonacademic and academic) to determine the types of managerial techniques used, degrees of familiarity with these techniques, frequency of...
Words: 49968 - Pages: 200
...Business Analytics Implementation Plan André L. Brown Argosy University Table of Contents Introduction3 Implementation Plan4 Management Information Systems10 Conclusion15 References16 Introduction This proposal will outline the case for using business analytics within the Art Institute and the positive outcomes that it can provide based upon its use. It will present the reason why Management Information Systems are important and how the data from these systems can help drive positive business outcomes. The proposal will provide you with reasons as to why analytics should be used and how they will help support growth and stability within the company. It will also provide you with some drawbacks and challenges that might be faced with using analytics, but will also look at ways that those issues can be avoided if the processes is implemented and used properly. This proposal will provide you with sound reasoning as to the benefits that business analytics can provide for the company and how it will help it to grow into the future. It will also review techniques and tools that are used for the gathering and processing of data. How this data can be used to the benefit of the organization providing it with information that will help the business with long-term positive outcomes. Implementation Plan The Art Institutes is a system of schools that provides educational services to students in several areas including fashion, photography, culinary,...
Words: 3246 - Pages: 13
...information system ( MIS) — which is an organized way of continually gathering, accessing, and analyzing information that marketing managers need to make ongoing decisions. b. Decision support system ( DSS) — a computer program that makes it easy for a marketing manager to get and use information. These types of programs help marketing managers convert information into knowledge that allows them to make informed marketing strategy decisions. c. Marketing dashboard - which displays up-to-the-minute marketing data in an easy-to- read format d. Marketing model - is a statement of relationships among marketing variables. e. 2. Understand the scientific approach to marketing research. f. Scientific method - a decision-making approach that focuses on being objective and orderly in testing ideas before accepting them. g. Hypotheses — educated guesses about the relationships between things or about what will happen in the future. h. Marketing research process - is a five- step application of the scientific method that includes: i. 1. Defining the problem - Defining the problem is often the most difficult step in the marketing research process. But it’s important for the objectives of the research to be clearly defined. The best research job on the wrong problem is wasted effort. ii. 2. Analyzing the situation - When the marketing manager thinks the real problem has begun to surface, a situation analysis is useful. A...
Words: 1262 - Pages: 6
