Description
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- Title Page
- Copyright Page
- Brief Contents
- Contents
- Preface
- About the Authors
- Part I Introduction to Analytics and AI
- Chapter 1 Overview of Business Intelligence, Analytics, Data Science, and Artificial Intelligence:
- 1.1 Opening Vignette: How Intelligent Systems Work for KONE Elevators and Escalators Company
- 1.2 Changing Business Environments and Evolving Needs for Decision Support and Analytics
- Decision-Making Process
- The Influence of the External and Internal Environments on the Process
- Data and Its Analysis in Decision Making
- Technologies for Data Analysis and Decision Support
- 1.3 Decision-Making Processes and Computerized Decision Support Framework
- Simon’s Process: Intelligence, Design, and Choice
- The Intelligence Phase: Problem (or Opportunity) Identification
- Application Case 1.1 Making Elevators Go Faster
- The Design Phase
- The Choice Phase
- The Implementation Phase
- The Classical Decision Support System Framework
- A DSS Application
- Components of a Decision Support System
- The Data Management Subsystem
- The Model Management Subsystem
- Application Case 1.2 SNAP DSS Helps OneNet Make Telecommunications Rate Decisions
- The User Interface Subsystem
- The Knowledge-Based Management Subsystem
- 1.4 Evolution of Computerized Decision Support to Business Intelligence/Analytics/Data Science
- A Framework for Business Intelligence
- The Architecture of BI
- The Origins and Drivers of BI
- Data Warehouse as a Foundation for Business Intelligence
- Transaction Processing versus Analytic Processing
- A Multimedia Exercise in Business Intelligence
- 1.5 Analytics Overview
- Descriptive Analytics
- Application Case 1.3 An Post and the Use of Data Visualization in Daily Postal Operations
- Application Case 1.4 Siemens Reduces Cost with the Use of Data Visualization
- Predictive Analytics
- Application Case 1.5 SagaDigits and the Use of Predictive Analytics
- Prescriptive Analytics
- Application Case 1.6 A Specialty Steel Bar Company Uses Analytics to Determine Available-to-Promise
- 1.6 Analytics Examples in Selected Domains
- Sports Analytics—An Exciting Frontier for Learning and Understanding Applications of Analytics
- Analytics Applications in Healthcare—Humana Examples
- Application Case 1.7 Image Analysis Helps Estimate Plant Cover
- 1.7 Artificial Intelligence Overview
- What Is Artificial Intelligence
- The Major Benefits of AI
- The Landscape of AI
- Application Case 1.8 AI Increases Passengers’ Comfort and Security in Airports and Borders
- The Three Flavors of AI Decisions
- Autonomous AI
- Societal Impacts
- Application Case 1.9 Robots Took the Job of Camel-Racing Jockeys for Societal Benefits
- 1.8 Convergence of Analytics and AI
- Major Differences between Analytics and AI
- Why Combine Intelligent Systems
- How Convergence Can Help
- Big Data Is Empowering AI Technologies
- The Convergence of AI and the IoT
- The Convergence with Blockchain and Other Technologies
- Application Case 1.10 Amazon Go Is Open for Business
- IBM and Microsoft Support for Intelligent Systems Convergence
- 1.9 Overview of the Analytics Ecosystem
- 1.10 Plan of the Book
- 1.11 Resources, Links, and the Teradata University Network Connection
- Resources and Links
- Vendors, Products, and Demos
- Periodicals
- The Teradata University Network Connection
- The Book’s Web Site
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- Chapter 2 Artificial Intelligence: Concepts, Drivers, Major Technologies, and Business Applications
- 2.1 Opening Vignette: INRIX Solves Transportation Problems
- 2.2 Introduction to Artificial Intelligence
- Definitions
- Major Characteristics of AI Machines
- Major Elements of AI
- AI Applications
- Major Goals of AI
- Drivers of AI
- Benefits of AI
- Some Limitations of AI Machines
- Three Flavors of AI Decisions
- Artificial Brain
- 2.3 Human and Computer Intelligence
- What Is Intelligence
- How Intelligent Is AI
- Measuring AI
- Application Case 2.1 How Smart Can a Vacuum Cleaner Be
- 2.4 Major AI Technologies and Some Derivatives
- Intelligent Agents
- Machine Learning
- Application Case 2.2 How Machine Learning Is Improving Work in Business
- Machine and Computer Vision
- Robotic Systems
- Natural Language Processing
- Knowledge and Expert Systems and Recommenders
- Chatbots
- Emerging AI Technologies
- 2.5 AI Support for Decision Making
- Some Issues and Factors in Using AI in Decision Making
- AI Support of the Decision-Making Process
- Automated Decision Making
- Application Case 2.3 How Companies Solve Real-World Problems Using Google’s Machine-Learning Tools
- Conclusion
- 2.6 AI Applications in Accounting
- AI in Accounting: An Overview
- AI in Big Accounting Companies
- Accounting Applications in Small Firms
- Application Case 2.4 How EY, Deloitte, and PwC Are Using AI
- Job of Accountants
- 2.7 AI Applications in Financial Services
- AI Activities in Financial Services
- AI in Banking: An Overview
- Illustrative AI Applications in Banking
- Insurance Services
- Application Case 2.5 AI in China’s Financial Sector
- 2.8 AI in Human Resource Management (HRM)
- AI in HRM: An Overview
- AI in Onboarding
- Application Case 2.6 How Alexander Mann Solutions (AMS) Is Using AI to Support the Recruiting Proces
- Introducing AI to HRM Operations
- 2.9 AI in Marketing, Advertising, and CRM
- Overview of Major Applications
- AI Marketing Assistants in Action
- Customer Experiences and CRM
- Application Case 2.7 Kraft Foods Uses AI for Marketing and CRM
- Other Uses of AI in Marketing
- 2.10 AI Applications in Production-Operation Management (POM)
- AI in Manufacturing
- Implementation Model
- Intelligent Factories
- Logistics and Transportation
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- Chapter 3 Nature of Data, Statistical Modeling, and Visualization
- 3.1 Opening Vignette: SiriusXM Attracts and Engages a New Generation of Radio Consumers with Data-Dr
- 3.2 Nature of Data
- 3.3 Simple Taxonomy of Data
- Application Case 3.1 Verizon Answers the Call for Innovation: The Nation’s Largest Network Provide
- 3.4 Art and Science of Data Preprocessing
- Application Case 3.2 Improving Student Retention with Data-Driven Analytics
- 3.5 Statistical Modeling for Business Analytics
- Descriptive Statistics for Descriptive Analytics
- Measures of Centrality Tendency (Also Called Measures of Location or Centrality)
- Arithmetic Mean
- Median
- Mode
- Measures of Dispersion (Also Called Measures of Spread or Decentrality)
- Range
- Variance
- Standard Deviation
- Mean Absolute Deviation
- Quartiles and Interquartile Range
- Box-and-Whiskers Plot
- Shape of a Distribution
- Application Case 3.3 Town of Cary Uses Analytics to Analyze Data from Sensors, Assess Demand, and De
- 3.6 Regression Modeling for Inferential Statistics
- How Do We Develop the Linear Regression Model
- How Do We Know If the Model Is Good Enough
- What Are the Most Important Assumptions in Linear Regression
- Logistic Regression
- Time-Series Forecasting
- Application Case 3.4 Predicting NCAA Bowl Game Outcomes
- 3.7 Business Reporting
- Application Case 3.5 Flood of Paper Ends at FEMA
- 3.8 Data Visualization
- Brief History of Data Visualization
- Application Case 3.6 Macfarlan Smith Improves Operational Performance Insight with Tableau Online
- 3.9 Different Types of Charts and Graphs
- Basic Charts and Graphs
- Specialized Charts and Graphs
- Which Chart or Graph Should You Use
- 3.10 Emergence of Visual Analytics
- Visual Analytics
- High-Powered Visual Analytics Environments
- 3.11 Information Dashboards
- Application Case 3.7 Flink Labs and Dashboard Applications Development
- Dashboard Design
- Application Case 3.8 Visual Analytics Helps Energy Supplier Make Better Connections
- What to Look for in a Dashboard
- Best Practices in Dashboard Design
- Benchmark Key Performance Indicators with Industry Standards
- Wrap the Dashboard Metrics with Contextual Metadata
- Validate the Dashboard Design by a Usability Specialist
- Prioritize and Rank Alerts/Exceptions Streamed to the Dashboard
- Enrich the Dashboard with Business-User Comments
- Present Information in Three Different Levels
- Pick the Right Visual Construct Using Dashboard Design Principles
- Provide for Guided Analytics
- Chapter Highlights
- Key terms
- Questions for Discussion
- Exercises
- References
- PART II Predictive Analytics/Machine Learning
- Chapter 4 Data Mining Process, Methods, and Algorithms
- 4.1 Opening Vignette: Miami-Dade Police Department Is Using Predictive Analytics to Foresee and Figh
- 4.2 Data Mining Concepts
- Application Case 4.1 Visa Is Enhancing the Customer Experience While Reducing Fraud with Predictive
- Definitions, Characteristics, and Benefits
- How Data Mining Works
- Application Case 4.2 American Honda Uses Advanced Analytics to Improve Warranty Claims
- Data Mining versus Statistics
- 4.3 Data Mining Applications
- Application Case 4.3 Predictive Analytic and Data Mining Help Stop Terrorist Funding
- 4.4 Data Mining Process
- Step 1: Business Understanding
- Step 2: Data Understanding
- Step 3: Data Preparation
- Step 4: Model Building
- Application Case 4.4 Data Mining Helps in Cancer Research
- Step 5: Testing and Evaluation
- Step 6: Deployment
- Other Data Mining Standardized Processes and Methodologies
- 4.5 Data Mining Methods
- Classification
- Estimating the True Accuracy of Classification Models
- Estimating the Relative Importance of Predictor Variables
- Cluster Analysis for Data Mining
- Application Case 4.5 Influence Health Uses Advanced Predictive Analytics to Focus on the Factors Tha
- Association Rule Mining
- 4.6 Data Mining Software Tools
- Application Case 4.6 Data Mining Goes to Hollywood: Predicting Financial Success of Movies
- 4.7 Data Mining Privacy Issues, Myths, and Blunders
- Application Case 4.7 Predicting Customer Buying Patterns—The Target Story
- Data Mining Myths and Blunders
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- Chapter 5 Machine-Learning Techniques for Predictive Analytics
- 5.1 Opening Vignette: Predictive Modeling Helps Better Understand and Manage Complex Medical Procedu
- 5.2 Basic Concepts of Neural Networks
- Biological versus Artificial Neural Networks
- Application Case 5.1 Neural Networks Are Helping to Save Lives in the Mining Industry
- 5.3 Neural Network Architectures
- Kohonen’s Self-Organizing Feature Maps
- Hopfield Networks
- Application Case 5.2 Predictive Modeling Is Powering the Power Generators
- 5.4 Support Vector Machines
- Application Case 5.3 Identifying Injury Severity Risk Factors in Vehicle Crashes with Predictive Ana
- Mathematical Formulation of SVM
- Primal Form
- Dual Form
- Soft Margin
- Nonlinear Classification
- Kernel Trick
- 5.5 Process-Based Approach to the Use of SVM
- Support Vector Machines versus Artificial Neural Networks
- 5.6 Nearest Neighbor Method for Prediction
- Similarity Measure: The Distance Metric
- Parameter Selection
- Application Case 5.4 Efficient Image Recognition and Categorization with knn
- 5.7 Naïve Bayes Method for Classification
- Bayes Theorem
- Naïve Bayes Classifier
- Process of Developing a Naïve Bayes Classifier
- Testing Phase
- Application Case 5.5 Predicting Disease Progress in Crohn’s Disease Patients: A Comparison of Anal
- 5.8 Bayesian Networks
- How Does BN Work
- How Can BN Be Constructed
- 5.9 Ensemble Modeling
- Motivation—Why Do We Need to Use Ensembles
- Different Types of Ensembles
- Bagging
- Boosting
- Variants of Bagging and Boosting
- Stacking
- Information Fusion
- Summary—Ensembles Are Not Perfect
- Application Case 5.6 To Imprison or Not to Imprison: A Predictive Analytics–Based Decision Support
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- Internet Exercises
- References
- Chapter 6 Deep Learning and Cognitive Computing
- 6.1 Opening Vignette: Fighting Fraud with Deep Learning and Artificial Intelligence
- 6.2 Introduction to Deep Learning
- Application Case 6.1 Finding the Next Football Star with Artificial Intelligence
- 6.3 Basics of “Shallow” Neural Networks
- Application Case 6.2 Gaming Companies Use Data Analytics to Score Points with Players
- Application Case 6.3 Artificial Intelligence Helps Protect Animals from Extinction
- 6.4 Process of Developing Neural Network–Based Systems
- Learning Process in ANN
- Backpropagation for ANN Training
- 6.5 Illuminating the Black Box of ANN
- Application Case 6.4 Sensitivity Analysis Reveals Injury Severity Factors in Traffic Accidents
- 6.6 Deep Neural Networks
- Feedforward Multilayer Perceptron (MLP)-Type Deep Networks
- Impact of Random Weights in Deep MLP
- More Hidden Layers versus More Neurons
- Application Case 6.5 Georgia DOT Variable Speed Limit Analytics Help Solve Traffic Congestions
- 6.7 Convolutional Neural Networks
- Convolution Function
- Pooling
- Image Processing Using Convolutional Networks
- Application Case 6.6 From Image Recognition to Face Recognition
- Text Processing Using Convolutional Networks
- 6.8 Recurrent Networks and Long Short-Term Memory Networks
- Application Case 6.7 Deliver Innovation by Understanding Customer Sentiments
- LSTM Networks Applications
- 6.9 Computer Frameworks for Implementation of Deep Learning
- Torch
- Caffe
- TensorFlow
- Theano
- Keras: An Application Programming Interface
- 6.10 Cognitive Computing
- How Does Cognitive Computing Work
- How Does Cognitive Computing Differ from AI
- Cognitive Search
- IBM Watson: Analytics at Its Best
- Application Case 6.8 IBM Watson Competes against the Best at Jeopardy
- How Does Watson Do It
- What Is the Future for Watson
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- Chapter 7 Text Mining, Sentiment Analysis, and Social Analytics
- 7.1 Opening Vignette: Amadori Group Converts Consumer Sentiments into Near-Real-Time Sales
- 7.2 Text Analytics and Text Mining Overview
- Application Case 7.1 Netflix: Using Big Data to Drive Big Engagement: Unlocking the Power of Analyti
- 7.3 Natural Language Processing (NLP)
- Application Case 7.2 AMC Networks Is Using Analytics to Capture New Viewers, Predict Ratings, and Ad
- 7.4 Text Mining Applications
- Marketing Applications
- Security Applications
- Biomedical Applications
- Application Case 7.3 Mining for Lies
- Academic Applications
- Application Case 7.4 The Magic behind the Magic: Instant Access to Information Helps the Orlando Mag
- 7.5 Text Mining Process
- Task 1: Establish the Corpus
- Task 2: Create the Term–Document Matrix
- Task 3: Extract the Knowledge
- Application Case 7.5 Research Literature Survey with Text Mining
- 7.6 Sentiment Analysis
- Application Case 7.6 Creating a Unique Digital Experience to Capture Moments That Matter at Wimbledo
- Sentiment Analysis Applications
- Sentiment Analysis Process
- Methods for Polarity Identification
- Using a Lexicon
- Using a Collection of Training Documents
- Identifying Semantic Orientation of Sentences and Phrases
- Identifying Semantic Orientation of Documents
- 7.7 Web Mining Overview
- Web Content and Web Structure Mining
- 7.8 Search Engines
- Anatomy of a Search Engine
- 1. Development Cycle
- 2. Response Cycle
- Search Engine Optimization
- Methods for Search Engine Optimization
- Application Case 7.7 Delivering Individualized Content and Driving Digital Engagement: How Barbour C
- 7.9 Web Usage Mining (Web Analytics)
- Web Analytics Technologies
- Web Analytics Metrics
- Web Site Usability
- Traffic Sources
- Visitor Profiles
- Conversion Statistics
- 7.10 Social Analytics
- Social Network Analysis
- Social Network Analysis Metrics
- Application Case 7.8 Tito’s Vodka Establishes Brand Loyalty with an Authentic Social Strategy
- Connections
- Distributions
- Segmentation
- Social Media Analytics
- How Do People Use Social Media
- Measuring the Social Media Impact
- Best Practices in Social Media Analytics
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- PART III Prescriptive Analytics and Big Data
- Chapter 8 Prescriptive Analytics: Optimization and Simulation
- 8.1 Opening Vignette: School District of Philadelphia Uses Prescriptive Analytics to Find Optimal So
- 8.2 Model-Based Decision Making
- Application Case 8.1 Canadian Football League Optimizes Game Schedule
- Prescriptive Analytics Model Examples
- Identification of the Problem and Environmental Analysis
- Application Case 8.2 Ingram Micro Uses Business Intelligence Applications to Make Pricing Decisions
- Model Categories
- 8.3 Structure of Mathematical Models for Decision Support
- The Components of Decision Support Mathematical Models
- The Structure of Mathematical Models
- 8.4 Certainty, Uncertainty, and Risk
- Decision Making under Certainty
- Decision Making under Uncertainty
- Decision Making under Risk (Risk Analysis)
- Application Case 8.3 American Airlines Uses Should-Cost Modeling to Assess the Uncertainty of Bids f
- 8.5 Decision Modeling with Spreadsheets
- Application Case 8.4 Pennsylvania Adoption Exchange Uses Spreadsheet Model to Better Match Children
- Application Case 8.5 Metro Meals on Wheels Treasure Valley Uses Excel to Find Optimal Delivery Route
- 8.6 Mathematical Programming Optimization
- Application Case 8.6 Mixed-Integer Programming Model Helps the University of Tennessee Medical Cente
- Linear Programming Model
- Modeling in LP: An Example
- Implementation
- 8.7 Multiple Goals, Sensitivity Analysis, What-If Analysis, and Goal Seeking
- Multiple Goals
- Sensitivity Analysis
- What-If Analysis
- Goal Seeking
- 8.8 Decision Analysis with Decision Tables and Decision Trees
- Decision Tables
- Decision Trees
- 8.9 Introduction to Simulation
- Major Characteristics of Simulation
- Application Case 8.7 Steel Tubing Manufacturer Uses a Simulation-Based Production Scheduling System
- Advantages of Simulation
- Disadvantages of Simulation
- The Methodology of Simulation
- Simulation Types
- Monte Carlo Simulation
- Discrete Event Simulation
- Application Case 8.8 Cosan Improves Its Renewable Energy Supply Chain Using Simulation
- 8.10 Visual Interactive Simulation
- Conventional Simulation Inadequacies
- Visual Interactive Simulation
- Visual Interactive Models and DSS
- Simulation Software
- Application Case 8.9 Improving Job-Shop Scheduling Decisions through RFID: A Simulation-Based Assess
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- Chapter 9 Big Data, Cloud Computing, and Location Analytics: Concepts and Tools
- 9.1 Opening Vignette: Analyzing Customer Churn in a Telecom Company Using Big Data Methods
- 9.2 Definition of Big Data
- The “V”s That Define Big Data
- Application Case 9.1 Alternative Data for Market Analysis or Forecasts
- 9.3 Fundamentals of Big Data Analytics
- Business Problems Addressed by Big Data Analytics
- Application Case 9.2 Big Data and Retail Business: The Rise of ABEJA
- 9.4 Big Data Technologies
- MapReduce
- Why Use MapReduce
- Hadoop
- How Does Hadoop Work
- Hadoop Technical Components
- Hadoop: The Pros and Cons
- NoSQL
- Application Case 9.3 eBay’s Big Data Solution
- Application Case 9.4 Understanding Quality and Reliability of Healthcare Support Information on Twit
- 9.5 Big Data and Data Warehousing
- Use Cases for Hadoop
- Use Cases for Data Warehousing
- The Gray Areas (Any One of the Two Would Do the Job)
- Coexistence of Hadoop and Data Warehouse
- 9.6 In-Memory Analytics and Apache Spark
- Application Case 9.5 Databrick’s Apache SparkTM: Asia-Pacific Big Data Processing in Action
- Architecture of Apache SparkTM
- Getting Started with Apache SparkTM
- 9.7 Big Data and Stream Analytics
- Stream Analytics versus Perpetual Analytics
- Critical Event Processing
- Data Stream Mining
- Applications of Stream Analytics
- e-Commerce
- Telecommunications
- Application Case 9.6 Salesforce Is Using Streaming Data to Enhance Customer Value
- Law Enforcement and Cybersecurity
- Power Industry
- Financial Services
- Health Sciences
- Government
- 9.8 Big Data Vendors and Platforms
- Infrastructure Services Providers
- Analytics Solution Providers
- Business Intelligence Providers Incorporating Big Data
- Application Case 9.7 Using Social Media for Nowcasting Flu Activity
- Application Case 9.8 Analyzing Disease Patterns from an Electronic Medical Records Data Warehouse
- 9.9 Cloud Computing and Business Analytics
- Data as a Service (DaaS)
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
- Essential Technologies for Cloud Computing
- Application Case 9.9 Major West Coast Utility Uses Cloud-Mobile Technology to Provide Real-Time Inci
- Cloud Deployment Models
- Major Cloud Platform Providers in Analytics
- Analytics as a Service (AaaS)
- Representative Analytics as a Service Offerings
- Illustrative Analytics Applications Employing the Cloud Infrastructure
- Using Azure IOT, Stream Analytics, and Machine Learning to Improve Mobile Health Care Services
- Gulf Air Uses Big Data to Get Deeper Customer Insight
- Chime Enhances Customer Experience Using Snowflake
- 9.10 Location-Based Analytics for Organizations
- Geospatial Analytics
- Application Case 9.10 GIS and the Indian Retail Industry
- Application Case 9.11 Starbucks Exploits GIS and Analytics to Grow Worldwide
- Real-Time Location Intelligence
- Analytics Applications for Consumers
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- PART IV Robotics, Social Networks, AI, and IoT
- Chapter 10 Robotics: Industrial and Consumer Applications
- 10.1 Opening Vignette: Robots Provide Emotional Support to Patients and Children
- 10.2 Overview of Robotics
- 10.3 History of Robotics
- 10.4 Illustrative Applications of Robotics
- Changing Precision Technology
- Adidas
- BMW Employs Collaborative Robots
- Tega
- San Francisco Burger Eatery
- Spyce
- Mahindra & Mahindra Ltd
- Robots in the Defense Industry
- Pepper
- Da Vinci Surgical System
- Snoo–A Robotic Crib
- MEDi
- Care-E Robot
- AGROBOT
- 10.5 Components of Robots
- 10.6 Various Categories of Robots
- 10.7 Autonomous Cars: Robots in Motion
- Autonomous Vehicle Development
- Issues with Self-Driving Cars
- 10.8 Impact of Robots on Current and Future Jobs
- 10.9 Legal Implications of Robots and Artificial Intelligence
- Tort Liability
- Patents
- Property
- Taxation
- Practice of Law
- Constitutional Law
- Professional Certification
- Law Enforcement
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- Chapter 11 Group Decision Making, Collaborative Systems, and AI Support
- 11.1 Opening Vignette: Hendrick Motorsports Excels with Collaborative Teams
- 11.2 Making Decisions in Groups: Characteristics, Process, Benefits, and Dysfunctions
- Characteristics of Group Work
- Types of Decisions Made by Groups
- Group Decision-Making Process
- Benefits and Limitations of Group Work
- 11.3 Supporting Group Work and Team Collaboration with Computerized Systems
- Overview of Group Support Systems (GSS)
- Time/Place Framework
- Group Collaboration for Decision Support
- 11.4 Electronic Support for Group Communication and Collaboration
- Groupware for Group Collaboration
- Synchronous versus Asynchronous Products
- Virtual Meeting Systems
- Collaborative Networks and Hubs
- Collaborative Hubs
- Social Collaboration
- Sample of Popular Collaboration Software
- 11.5 Direct Computerized Support for Group Decision Making
- Group Decision Support Systems (GDSS)
- Characteristics of GDSS
- Supporting the Entire Decision-Making Process
- Brainstorming for Idea Generation and Problem Solving
- Group Support Systems
- 11.6 Collective Intelligence and Collaborative Intelligence
- Definitions and Benefits
- Computerized Support to Collective Intelligence
- Application Case 11.1 Collaborative Modeling for Optimal Water Management: The Oregon State Universi
- How Collective Intelligence May Change Work and Life
- Collaborative Intelligence
- How to Create Business Value from Collaboration: The IBM Study
- 11.7 Crowdsourcing as a Method for Decision Support
- The Essentials of Crowdsourcing
- Crowdsourcing for Problem-Solving and Decision Support
- Implementing Crowdsourcing for Problem Solving
- Application Case 11.2 How InnoCentive Helped GSK Solve a Difficult Problem
- 11.8 Artificial Intelligence and Swarm AI Support of Team Collaboration and Group Decision Making
- AI Support of Group Decision Making
- AI Support of Team Collaboration
- Swarm Intelligence and Swarm AI
- Application Case 11.3 XPRIZE Optimizes Visioneering
- 11.9 Human–Machine Collaboration and Teams of Robots
- Human–Machine Collaboration in Cognitive Jobs
- Robots as Coworkers: Opportunities and Challenges
- Teams of collaborating Robots
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- Chapter 12 Knowledge Systems: Expert Systems, Recommenders, Chatbots, Virtual Personal Assistants, a
- 12.1 Opening Vignette: Sephora Excels with Chatbots
- 12.2 Expert Systems and Recommenders
- Basic Concepts of Expert Systems (ES)
- Characteristics and Benefits of ES
- Typical Areas for ES Applications
- Structure and Process of ES
- Application Case 12.1 ES Aid in Identification of Chemical, Biological, and Radiological Agents
- Why the Classical Type of ES Is Disappearing
- Application Case 12.2 VisiRule
- Recommendation Systems
- Application Case 12.3 Netflix Recommender: A Critical Success Factor
- 12.3 Concepts, Drivers, and Benefits of Chatbots
- What Is a Chatbot
- Chatbot Evolution
- Components of Chatbots and the Process of Their Use
- Drivers and Benefits
- Representative Chatbots from around the World
- 12.4 Enterprise Chatbots
- The Interest of Enterprises in Chatbots
- Enterprise Chatbots: Marketing and Customer Experience
- Application Case 12.4 WeChat’s Super Chatbot
- Application Case 12.5 How Vera Gold Mark Uses Chatbots to Increase Sales
- Enterprise Chatbots: Financial Services
- Enterprise Chatbots: Service Industries
- Chatbot Platforms
- Application Case 12.6 Transavia Airlines Uses Bots for Communication and Customer Care Delivery
- Knowledge for Enterprise Chatbots
- 12.5 Virtual Personal Assistants
- Assistant for Information Search
- If You Were Mark Zuckerberg, Facebook CEO
- Amazon’s Alexa and Echo
- Apple’s Siri
- Google Assistant
- Other Personal Assistants
- Competition among Large Tech Companies
- Knowledge for Virtual Personal Assistants
- 12.6 Chatbots as Professional Advisors (Robo Advisors)
- Robo Financial Advisors
- Evolution of Financial Robo Advisors
- Robo Advisors 2.0: Adding the Human Touch
- Application Case 12.7 Barclays: AI and Chatbots in Banking
- Managing Mutual Funds Using AI
- Other Professional Advisors
- IBM Watson
- 12.7 Implementation Issues
- Technology Issues
- Disadvantages and Limitations of Bots
- Quality of Chatbots
- Setting Up Alexa’s Smart Home System
- Constructing Bots
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- Chapter 13 The Internet of Things as a Platform for Intelligent Applications
- 13.1 Opening Vignette: CNH Industrial Uses the Internet of Things to Excel
- 13.2 Essentials of IoT
- Definitions and Characteristics
- The IoT Ecosystem
- Structure of IoT Systems
- 13.3 Major Benefits and Drivers of IoT
- Major Benefits of IoT
- Major Drivers of IoT
- Opportunities
- 13.4 How IoT Works
- IoT and Decision Support
- 13.5 Sensors and Their Role in IoT
- Brief Introduction to Sensor Technology
- Application Case 13.1 Using Sensors, IoT, and AI for Environmental Control at the Athens Internation
- How Sensors Work with IoT
- Application Case 13.2 Rockwell Automation Monitors Expensive Oil and Gas Exploration Assets to Predi
- Sensor Applications and Radio-Frequency Identification (RFID) Sensors
- 13.6 Selected IoT Applications
- A Large-Scale IoT in Action
- Examples of Other Existing Applications
- 13.7 Smart Homes and Appliances
- Typical Components of Smart Homes
- Smart Appliances
- A Smart Home Is Where the Bot Is
- Barriers to Smart Home Adoption
- 13.8 Smart Cities and Factories
- Application Case 13.3 Amsterdam on the Road to Become a Smart City
- Smart Buildings: From Automated to Cognitive Buildings
- Smart Components in Smart Cities and Smart Factories
- Application Case 13.4 How IBM Is Making Cities Smarter Worldwide
- Improving Transportation in the Smart City
- Combining Analytics and IoT in Smart City Initiatives
- Bill Gates’ Futuristic Smart City
- Technology Support for Smart Cities
- 13.9 Autonomous (Self-Driving) Vehicles
- The Developments of Smart Vehicles
- Application Case 13.5 Waymo and Autonomous Vehicles
- Flying Cars
- Implementation Issues in Autonomous Vehicles
- 13.10 Implementing IoT and Managerial Considerations
- Major Implementation Issues
- Strategy for Turning Industrial IoT into Competitive Advantage
- The Future of the IoT
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- PART V Caveats of Analytics and AI
- Chapter 14 Implementation Issues: From Ethics and Privacy to Organizational and Societal Impacts
- 14.1 Opening Vignette: Why Did Uber Pay $245 Million to Waymo
- 14.2 Implementing Intelligent Systems: An Overview
- The Intelligent Systems Implementation Process
- The Impacts of Intelligent Systems
- 14.3 Legal, Privacy, and Ethical Issues
- Legal Issues
- Privacy Issues
- Who Owns Our Private Data
- Ethics Issues
- Ethical Issues of Intelligent Systems
- Other Topics in Intelligent Systems Ethics
- 14.4 Successful Deployment of Intelligent Systems
- Top Management and Implementation
- System Development Implementation Issues
- Connectivity and Integration
- Security Protection
- Leveraging Intelligent Systems in Business
- Intelligent System Adoption
- 14.5 Impacts of Intelligent Systems on Organizations
- New Organizational Units and Their Management
- Transforming Businesses and Increasing Competitive Advantage
- Application Case 14.1 How 1-800-Flowers.com Uses Intelligent Systems for Competitive Advantage
- Redesign of an Organization through the Use of Analytics
- Intelligent Systems’ Impact on Managers’ Activities, Performance, and Job Satisfaction
- Impact on Decision Making
- Industrial Restructuring
- 14.6 Impacts on Jobs and Work
- An Overview
- Are Intelligent Systems Going to Take Jobs—My Job
- AI Puts Many Jobs at Risk
- Application Case 14.2 White-Collar Jobs That Robots Have Already Taken
- Which Jobs Are Most in Danger? Which Ones Are Safe
- Intelligent Systems May Actually Add Jobs
- Jobs and the Nature of Work Will Change
- Conclusion: Let’s Be Optimistic
- 14.7 Potential Dangers of Robots, AI, and Analytical Modeling
- Position of AI Dystopia
- The AI Utopia’s Position
- The Open AI Project and the Friendly AI
- The O’Neil Claim of Potential Analytics’ Dangers
- 14.8 Relevant Technology Trends
- Gartner’s Top Strategic Technology Trends for 2018 and 2019
- Other Predictions Regarding Technology Trends
- Summary: Impact on AI and Analytics
- Ambient Computing (Intelligence)
- 14.9 Future of Intelligent Systems
- What Are the Major U.S. High-Tech Companies Doing in the Intelligent Technologies Field
- AI Research Activities in China
- Application Case 14.3 How Alibaba.com Is Conducting AI
- The U.S.–China Competition: Who Will Control AI
- The Largest Opportunity in Business
- Conclusion
- Chapter Highlights
- Key Terms
- Questions for Discussion
- Exercises
- References
- Glossary
- Index
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