Abstract
Abstract. The massive data growth, the variety of its sources and analysis tools necessitates review and critical analysis of data types to analyze business environments and make decisions. These tasks are relevant for public authorities regulating the economy, groups engaged in business consulting, and analytical centers specializing in strategic analysis, economic security, and market and competitor studies. The article aims to summarize and systematize modern types and sources of data in the study of the business environment in Ukraine, as well as their formats in the context of transformation into analysis platforms and insights for organizational decision-making. The study used a systemic-structural approach, as well as general scientific research methods – analysis, synthesis, and comparison. The authors propose a classification of data types, systematize their sources and format, and summarize data and analytics platforms that can be used to analyse and regulate the business environment in Ukraine. The authors conclude that modern business environment analytics are characterized by rapid changes in volume and sources of data, as well as analytical tools. Indicators of such changes are 1) an increase in open data, primarily due to availability of public information in the Open Data format 2) diversification of data formats, allowing further processing and analysis, in particular Data Mining, and 3) the growth of opportunities for business entities to independently make analytics based on public registers and other sources of open data. Accurate definition and use of various types of data, taking into account their sources, access modes and formats, is a key determinant of the quality of economic analytics in the process of decision-making, including in the field of government regulation of the economy. Keywords: business environment, open data, information, data and analysis platform, statistical information.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.