Usage and Privacy Concerns of Ubiquitous Connections in Retail Industry

It has become essential for organizations across the world to deploy the latest technology and information systems to understand customers and answer real business problems whilst delivering the best service to their customers. As economies are moving towards a more digitalized ecosystem, the value of data has grown exponentially. Businesses acquire data from a number of sources such as social media sites, online polls, cookies, etc., to assess online activities, find new ways to target customers and monetize the data. Such data often includes personal and sensitive personal information, which if compromised or misused can cause immense harm and thereby a threat to privacy.… Read the rest

Sentiment Analysis (Opinion Mining) – An Overview

With the proliferation of opinionated content on the web, this particular application of natural language processing – Sentiment Analysis (Opinion Mining) is used to determine the sentiment of the given speech or text is gaining more popularity. In layman’s term sentiment analysis aims at identifying and classifying spoken words or written text as positive, negative or neutral.

What is Sentiment Analysis?

In the field of Natural language processing, sentiment analysis also known as opinion mining is task of classifying a given text as positive, negative or neutral based on the opinion or subjectivity of the text. Sentiment analysis can be considered a sub filed of text classification which involves classifying a text in to predefined categories.… Read the rest

Algorithmic Decision Making – Usage Algorithms in Decision Making

Algorithms play a significant role in our day-to-day lives. However, what is an “algorithm”? there is a definition of algorithm: a set of steps to accomplish a task. We live in an algorithmic culture, where algorithms are ubiquitous, pervasive and unnoticed. For example, algorithm can help people predicts the spend time from home to school, and then manage the time. And algorithms determine computer operation, stock prices, espionage tactics, social networks, even the movies you watch, it shapes human society in everywhere.

The human society ran by algorithms, it helps people to make daily decision and solve problem. Algorithmic culture is a historical process that is used to organize human culture by means of computational process.… Read the rest

Limitations of Enterprise Resource Planning (ERP) Systems

In today’s increasingly competitive world where the world is converging into a single market place, organizations are looking for ways to become globally competitive. Companies must be able to meet customer requirements in the shortest possible time faster than competition and this requires extensive production planning and close coordination between the company and it’s suppliers and customers. MRP (Materials Requirement Planning) was one of the most widely used systems for production planning but it’s main focus was only on managing the production requirements in an organization. MRP systems helped in time phase release of production orders and aggregating planning for material requirements.… Read the rest

Enterprise Resource Planning (ERP) Implementation

Introduction

Enterprise Resource Planning (ERP) is the process of integrating all the business functions and processes in an organization to achieve numerous benefits. First, a single point of data entry helps to reduce data redundancy while saving employee’s time in entering data, thereby reducing labor and overhead costs. Second, the centralization of information, decision-making, and control leads to increases in efficiencies of operations and productivity, as well as coordination between departments, divisions, regions, and even countries. This is especially true for multinational corporations (MNC), in which global integration could result in better communications and coordination around the world. The global sourcing and distribution of parts and services could also provide appropriate benchmarks for operations around the world. … Read the rest

Why Information Security is Needed?

Information Security is very important from day to day life to protect your Information online. Leaning how to protect yourself online can benefit you in many ways by keeping your identity form being stolen or your bank account being compromised. Everyday people are led into scams to take information to use it for their own cause. Also learning Information Security is easy to get into. There are many websites and articles to read on to learn about attacks and what to do in a situation. Also learning about privy on social media can help with noticing scams that hackers use on victims.… Read the rest