Business Process Analytics Using a Big Data Approach

Publisher: IEEE

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Alejandro Vera-Baquero; Ricardo Colomo-Palacios; Owen Molloy

All Authors

Abstract:

Continuous improvement of business processes is a challenging task that requires complex and
robust supporting systems. Using advanced analytics methods and emerging technologies--such as
business intelligence systems, business activity monitoring, predictive analytics, behavioral pattern
recognition, and "type simulations"--can help business users continuously improve their processes.
However, the high volumes of event data produced by the execution of processes during the
business lifetime prevent business users from efficiently accessing timely analytics data. This article
presents a technological solution using a big data approach to provide business analysts with
visibility on distributed process and business performance. The proposed architecture lets users
analyze business performance in highly distributed environments with a short time response. This
article is part of a special issue on leveraging big data and business analytics.

Themanufacturingsectorisunderconstantpressuretoincreaseprofitabilityinagrowinglycompetitiveinter

nationalmarket inwhichdifferentiationisnot tiedtomanufacturedproductsorutilizedtechnologiesbut to

businessprocessesoptimization.
Inthiscontext,businessanalyticsoffertheopportunitytoharnesstheknowl

edgeandvaluehiddenwithinenterpriseinformationsystemstorevolutionizeinnovation,enhancesupplych
ain

management andproduction, accurately targetmarketingandsales efforts, aswell

asdevelopandmanage

profitableafter-sales [Link] the literature todatepresentsnumerous specificapplications

inwhich

businessanalyticstechniquesweresuccessfullydeployedtoimprovespecificbusinessunits,
itisevidentthata

comprehensiveenterpriseapproach ismissing. In thepresentwork, apathway toattainmarket

leadership

throughtheeffectiveuseofbusinessanalytics isdefinedsuggestingfocusmust centeronthree increasingly

[Link], “standardization”ofcollection,aggregationandstorageofdatamustbeaccom

[Link],an“organizationalcultureevolution”thatoutgrowsintuitionandembracesdata-
drivendecision
makingisneededtocreatetheperfectecosystemforbusinessanalytics toproduceactionableresultsandre

[Link],thesemustguide“businessmodelinnovation”effortstotacklenewvaluecreation,
and

captureandsecuremarket leadership

Business Analytics: A Patent Landscape Retrospective Mapping

Nur Asitaha,b, Agung Purnomoc, Michael Nayat Youngd, Yogi Tri Prasetyod,e*, Fatkul

Anamf, Satria Fadil Persadac, Bambang Kartono Kurniawang

aInstitute for Research and Community Services, Universitas Nahdlatul Ulama Sidoarjo, Sidoarjo
61234, Indonesia

bBasic Education, Universitas Negeri Malang, Malang 65145, Indonesia

cEntrepreneurship Department, BINUS Business School Undergraduate Program, Bina Nusantara

University, Jakarta 11480, Indonesia

dSchool of Industrial Engineering and Engineering Management, Mapúa University, Manila 1002,
Philippines

eInternational Bachelor Program in Engineering, Yuan Ze University, Taoyuan 32003, Taiwan

fTeacher Professional Education, Universitas Wijaya Kusuma Surabaya, Surabaya 60225, Indonesia

gInterior Design Department, Bina Nusantara University, Jakarta 11480, Indonesia

Abstract

Knowledge of patents relevant to business analytics (business analytics) is very important for
entrepreneurs and companies in

developing environmentally friendly business and innovation strategies. This study aims to find out
the patent landscape and the

main trends in patent intellectual property on the topic of business analytics around the world by
using bibliometric analysis.

Researchers applied an analysis of the patent landscape using data on 4,731 patent intellectual
property documents from the Lens

database. The results of the study show that every year in general there is an increasing trend in the
number of patents related to

the field of business analytics. Patents related to business analytics are dominated by the physics (G)
and electricity (H) patent

sections. There is an entrepreneurial opportunity without paying royalties by using 234 patent
discontinues related to business
analytics. Intellectual property patents related to business analytics are dominated by company
ownership and inventors from the

United States. There are 2,143 simple family patent business analytics in 12 jurisdictions of countries
or regions and the highest is

the United States.

© 2023 The Authors. Published by ELSEVIER B.V.

Peer-review under the responsibility of the scientific committee of the Seventh Information Systems
International Conference.

Keywords: business analytics; businessman; innovation; patent; patent landscape analysis.

* Corresponding author. Tel.: +632-8247-5000 (ext. 6202).

E-mail address: ytprasetyo@[Link]

Seventh Information Systems International Conference (ISICO 2023)

Business Analytics: A Patent Landscape Retrospective Mapping

Nur Asitaha,b, Agung Purnomoc, Michael Nayat Youngd, Yogi Tri Prasetyod,e*, Fatkul

Anamf, Satria Fadil Persadac, Bambang Kartono Kurniawang

aInstitute for Research and Community Services, Universitas Nahdlatul Ulama Sidoarjo, Sidoarjo
61234, Indonesia

bBasic Education, Universitas Negeri Malang, Malang 65145, Indonesia

cEntrepreneurship Department, BINUS Business School Undergraduate Program, Bina Nusantara

University, Jakarta 11480, Indonesia

dSchool of Industrial Engineering and Engineering Management, Mapúa University, Manila 1002,
Philippines

eInternational Bachelor Program in Engineering, Yuan Ze University, Taoyuan 32003, Taiwan

fTeacher Professional Education, Universitas Wijaya Kusuma Surabaya, Surabaya 60225, Indonesia

gInte

Business analytics capabilities in digitally-enabled and non digitally-enabled companies in an

emerging economy Natan Oliveira Costa1, Selma Oliveira2*, Evaldo Rodrigues3 1,2Fluminense
Federal University, Volta Redonda, Rio de Janeiro, Brasil 3University of Brasilia, Campus Darcy
Ribeiro, Brasília, Brasil *Corresponding Abstract The excess of data has led industries to develop their
capabilities to exploit the value of data and gain competitive advantage. In this context, business
analysis has become substantive for this purpose in several domains. Surprisingly, business analytics
has been at the top of the corporate agenda. While the potential benefits of business analytics are
widely highlighted in cutting-edge literature, little is known about the prominence of analytics
capabilities for business resilience during and after the COVID 19 pandemic (new normal) in
emerging markets. This study examines the relevance of business analytics capabilities to the
resilience and economic performance of digitally-enabled and non-digitally enabled companies in an
emerging economy. Using a questionnaire, primary data was collected from digitally enabled national
and multinational companies in the Brazilian context. The results of this study suggest that analytical
capabilities are substantive to the resilience of digitally enabled multinational companies, with an
emphasis on tangible, human and operational capabilities. This study fills a gap in the literature and
makes significant contributions: (i) it highlights the protagonism of business analytical capabilities in
digitally enabled multinational companies, during and after the COVID 19 pandemic in an emerging
economy; (ii) serves as a guide for managers when choosing capabilities; (iii) sheds light on non-
digitally enabled national companies to achieve resilience in their businesses in times of crises such
as the COVID 19 pandemic; and (iv) expands the literature on business analytical capabilities..

Controllership effectiveness and digitalization: Shedding light on the importance of business analytics
capabilities and the business partner role Xenia Boerner a a , Martin Wiener b , Thomas W. Guenther
c,* Chair of Business Administration, esp. Management Accounting and Control, TUD Dresden
University of Technology, Faculty of Business Management and Economics, Dresden 01062, Germany
b Chair of Business Information Systems, esp. Business Engineering, TUD Dresden University of
Technology, Faculty of Business Management and Economics, Dresden 01062, Germany c Chair of
Business Administration, esp. Management Accounting and Control, TUD Dresden University of
Technology, Faculty of Business Management and Economics, Dresden 01062, Germany ARTICLE
INFO ABSTRACT Keywords: Management Control Business Analytics Capabilities Controllership
Effectiveness Business Partner Role Scorekeeper Role Partial least squares structural equation
modeling Digital technologies and related capabilities, such as business analytics capabilities (BAC),
are transforming firms and management control (MC). While the development of BAC and its
underlying dimensions is currently a top priority for many MC departments, it remains unclear from
the existing literature how they can benefit from these capabilities in terms of controllership
effectiveness. Against this background, our study examines the re lationships between three core
BAC dimensions (tangible BA resources, intangible BA resources, and human skills for BA) and
controllership effectiveness (in terms of controllership output quality and controllership impact on
management decisions), with a particular focus on the mediating effects of the business partner role
of the MC department. To do so, we adopt the resource-based view and use partial least squares
structural equation modeling (PLS-SEM) to analyze survey data from 322 large German firms. The
results of our study show that all of the examined relationships are positively mediated by the
business partner role, while those between tangible BA resources and both elements of
controllership effectiveness, as well as that between human skills for BA and controllership impact on
management decisions are even fully mediated by this role. Thus, our results highlight the
importance of the business partner role in enabling MC departments to benefit from the
development of the BAC dimensions in terms of improved controllership effectiveness. Furthermore,
through a series of post hoc analyses, we provide empirical support for our three-dimensional
conceptualization of BAC, and for the importance of the business partner role relative to the still
dominant scorekeeper role. Theoretical and practical implications are discussed.
Determinants of the adoption of big data analytics in business consulting service: a survey of
multinational and indigenous consulting firms* Babajide Oyewoa, Alero Obanorb and Chinwe
Iwuanyanwuc aDepartment of Accounting, University of Southampton, Southampton, UK;
bDepartment of Finance, Walden University, Minneapolis, MN, USA; cDepartment of Computer and
Information Systems, Robert Morris University, Pittsburgh, PA, USA ABSTRACT This study investigates
the factors affecting the adoption of big data analytics (BDA) by business consulting firms. With the
aid of a structured questionnaire, survey data was obtained from one hundred and eighteen (118)
business and management consultants working in multinational and indigenous consulting firms in
Nigeria. Discriminant analysis and multinomial logistic regres sion were applied to assess the
determinants of BDA adoption, while structural equation model ling (path analysis) was used to
assess the complexity of the interrelationship among the determinants. Robustness check using least
square regression, correlation, covariance (Cov) and sum of squares and cross-products (SSCPs)
analysis confirms that results are valid. Whilst the desire to enhance competitive position will cause
incremental improvement in BDA adoption, consulting firms are likely to intensify BDA usage because
of the need to increase market share. The determinants of BDA adoption are interrelated, implying
that the advantages of BDA are systemic and could yield synergistic benefits
Dump:

With the increasing competition in businesses – both digital and non-digital companies have adopted
data driven decision-making procedures over traditional intuitional approaches, this was termed as
“organisational culture evolution” [2019 : Business analytics in manufacturing : Current trends,
challenges and pathway to market leadership]. Various Business fields have adopted big data
analytics to improve profitability, process, and increase market share, some of these fields studied in
this review are manufacturing, consulting firms, etc.

[Determinants of the adoption of big data analytics in business consulting service: a survey of
multinational and indigenous consulting firms] says: structural equation model ling (path analysis)
was used to assess the complexity of the interrelationship among the determinants. Robustness
check using least square regression, correlation, covariance (Cov) and sum of squares and cross-
products (SSCPs) analysis confirms that results are valid.

[Controllership effectiveness and digitalization: Shedding light on the importance of business

analytics capabilities and the business partner role] examines : the relationships between three core
BAC dimensions (tangible BA resources, intangible BA resources, and human skills for BA) and
controllership effectiveness (in terms of controllership output quality and controllership impact on
management decisions), with a particular focus on the mediating effects of the business partner role
of the MC department. It also provides empirical support for our three-dimensional
conceptualization of BAC, and for the importance of the business partner role relative to the still
dominant scorekeeper role. Theoretical and practical implications are discussed as well. business
analysis has become substantive for this purpose in several domains. little is known about the
prominence of analytics capabilities for business resilience during and after the COVID 19 pandemic
(new normal) in emerging markets.

Knowledge of patents relevant to business analytics (business analytics) is very important for
entrepreneurs and companies in developing environmentally friendly business and innovation
strategies. The patent landscape and the main trends in patent intellectual property on the topic of
business analytics around the world by using bibliometric analysis. [Business Analytics: A Patent
Landscape Retrospective Mapping 2023].

Risks include data theft or misuse, unfair competition, and loss of profits that should be derived from
the results of analysis.

 Utilization Of Big Data In Business Analysis In Micro, Small And Medium Enterprises (MSME)
In Order To Increase The Scale Of Economic Business In The Sumatra Region - this paper
studies the total existence and growth of msme businesses in the region of Sumatra rather
than actual analysis of an enterprise.
  A Study on the Analytics Tool Used in Decision Making at Small and Medium Enterprise Vivek
N. Bhatt* - this paper focuses on small scale industries in a Gujarat vicinity with little to no
technical business tools/analysis. It studies the present methodology that is followed without
intervention of statistical analysis and business intelligence.

 Enhancing Competitive Advantage: A Blend of Marketing Strategies for Micro and Small-Scale
Fishery Businesses in Mwanza City : The study unveils fresh insights by emphasizing the
blending of traditional and modern marketing strategies for gaining a competitive edge in
Tanzanian micro and small-scale fishery businesses.

 Nurqamarani, A. S., Fadilla, S., Thaha, A. R., Juliana, A., Ulfa, C. K., Rachmawati, D., Kuncoro,
S., Priyanto, A., & Santosa, A. (2024). Strengthening the Capability of a micro-scale Bag
Producer “Katbag” through Business Planning and Digital Marketing. Engagement: Jurnal
Pengabdian Kepada Masyarakat, 8(1), 189-203.
[Link] - “KATBAG” analysis

Abstract

This abstract highlights the role of business analytics in enhancing MSMEs' efficiency, profitability,
and competitiveness. By adopting data-driven decision-making, MSMEs can optimize processes,
adapt to challenges like the COVID-19 pandemic, and improve resilience. Tools like MyMSME and the
MSME DataBank provide real-time data and streamline access to schemes, while the DATC Wing
supports evidence-based decisions and digital payments. Additionally, patent analysis helps MSMEs
innovate. However, risks like data theft and misuse must be carefully managed[16†source][2019:
Business Analytics in Manufacturing][Business Analytics: A Patent Landscape Retrospective Mapping
2023].