Business Demands Research Articles

Пандемия: возвращение в прошлое или окно в будущее?

The article analyzes political, social, economic and cultural consequences of the COVID‑19 pandemic for French society. The national strategies of the state management of the sanitary crisis that have developed in the world are investigated: the strategy of “zero tolerance to coronavirus”; the strategy of free circulation of the virus; the strategy determined by the formula “stop and go”. France, like many other Western countries, chose the last one, which implied a combination of harsh measures (lockdown, self-isolation, mandatory vaccination, introduction of sanitary passes) with relaxation caused by the demands of business and society. The increased role of the State in the fight against the pandemic is revealed. The political context of the pandemic crisis settlement is revealed: centralization of power; tight control of the head of state over the activities of the Cabinet of Ministers; dominance of political power over the professional medical community; reduction of the parliament’s role. It is shown that under conditions of the sanitary crisis, the process of informatization of production and services accelerated, significant shifts occurred in the labor market, and there was an increase in social and socio-spatial inequality. The problem of the middle class, which continues to fragment, is acute. The pandemic and especially the methods of combating it caused a protest in French society: the French did not just express disbelief in the effectiveness of the vaccine, with their speeches they demonstrated distrust of the authorities and state institutions. The pandemic has shown that France is in dire need of a new social compromise that would take into account not only the interests of global corporations, but also people who have remained beyond the threshold of the information economy. The issue of reviewing the lowest salaries and raising the status of a number of professions is acute.

СТАН ГРОШОВОЇ І ПЛАТІЖНОЇ ІНФРАСТРУКТУРИ В УКРАЇНІ

Today, in the developed countries of the world, there is a completion of the transition to a state characterized by the dominance of services in the economy and the introduction of information technology that greatly facilitates people's lives, while these countries are forming a consumer society. The emergence of the global Internet and providing easy access to it, the development and implementation of modern mobile technologies, significantly reducing the cost of Internet use has significantly changed the world economy and people's lives, leading to digital (information) revolution in the world. Under these conditions (development of digital economy) one of the most important factors in the stability of the financial and credit system of Ukraine and its national economy is an effectively functioning payment system. In addition, the modern payment system is one of the most important elements of the monetary and payment infrastructure of the state, which has been developing rapidly in Ukraine recently. Settlements with the help of monetary and payment infrastructure are spreading more and more in Ukraine, while their share in the segment of Ukrainian payments is constantly increasing. The development of monetary and payment infrastructure plays an important role in the formation of new mechanisms for the functioning of the country's payment system, the introduction of new payment instruments and forms of cash and cashless payments, has a significant impact on society, while stabilizing economic growth in various industries and economies. in general. It should also be noted that the country's current monetary and payment infrastructure affects various transformational changes in the country's economy and can eliminate various potential and real threats from the macro and micro environment, which in general forms a secure component of the state payment system. Given the above, in today's world, the development of modern monetary and payment infrastructure in our country is very important. Studies of the state's monetary and payment infrastructure are becoming even more relevant now that Ukraine has suffered military aggression from the Russian Federation. Characteristics of the current state of monetary and payment infrastructure, analysis of its impact on various areas of activity, assessment of its sufficiency for comprehensive demand for both businesses and individuals for these services, as well as its reliability, which can ensure financial security of all users and economic security of the Ukrainian economy.

The Growing Ineffectiveness of US Federal Stimulus Programs

The effectiveness of the anticrisis programs of the US federal government to bring the American economy out of the 2020 crisis is analyzed. It is noted that the 2020 crisis was unprecedented in its scale and causes of occurrence, which practically did not occur in American economic history in the period after the end of World War II. The unusual nature of the crisis found its expression in the policy of introducing lockdowns as the main tool in the fight against the coronavirus pandemic, which led to unprecedented drops in the reduction and increase in real GDP over the course of six months. From the very beginning of the implementation of anticrisis fiscal programs, they were characterized by inefficiency in spending budget funds, which was due to several reasons. The main one was political, expressing in the fact that the crisis fell on the year of the Presidential elections. The Republican administration of D. Trump, who is in power, virtualy wasted budget funds «from helicopter» for the speedy overcoming of the crisis, the volume of which significantly exceeded the magnitude of the fall in real GDP. As a result, most of the funds went to support the incomes and, accordingly, the consumer demand of families, individuals, small and medium-sized businesses that received “free” funds that did not require reciprocal labor efforts on the part of payments and benefits’ recipients. In the US economy, a syndrome of unprecedented cash pumping has formed, which by the beginning of 2021 naturally led to an “inflationary overheating” of the economy. Gradually, by the beginning of 2022, inflation, measured by the consumer price index, actually got out of control, which led the Federal Reserve System (FRS) to the decision to switch to a policy of raising the federal fund rate in 2022, which will certainly complicate the US exit to trajectory of sustainable economic growth. The Democratic administration of J. Biden, which took office in January 2021, put forward an ambitious program to overcome the crisis, called "Build Back Better." Initially, the total cost of the program was estimated at $7.8 trln, however, as the program began to acquire legislative status, its cost started decrease sharply precisely because the negative elements of the program, which are reflected in the huge growth of budget deficits and the gross debt pyramid, began to clearly outweigh the costs associated with accelerating economic growth and increasing employment. As a result, in 2021, the US Congress refused to accept those components of the Build Back Better program, which were aimed for a sharp expansion of the block of social programs, mainly in the field of health and education, as well as combating climate change and preserving environmental quality. A year after the publication of the Build Back Better program, a fairly stable stereotype of its public rejection has formed in American society as causing more harm to the American economy than providing tangible socio-economic benefits.

Construction and Practice of Multiple Mixed Teaching Mode Based on Big Data Analysis: A Case Study of “International Trade” Course

With the progress of society, the quality requirements of international business enterprises for international business talents have been improved accordingly. So, it is urgent to conduct in‐depth research on the teaching model and the improvement of students’ practical ability. Taking international business as an example, this paper analyzes the contradiction between the supply and demand of international business technical talents by literature research. Furthermore, the convolution neural network model is used to improve the consistency between the talent cultivation of international business major and the talent demand of enterprises by interviewing teachers and questionnaire survey of students. By studying how to implement the professional training curriculum system construction and enterprise to talented person ability training requirements cohesion, this paper in view of the secondary vocational school of international business in today’s society professional training curriculum system was modified and perfected. The ultimate purpose of this paper is to meet the demand of international business for characteristic talents and constantly promote the high‐quality development of international business education.

УПРАВЛІННЯ ЕКОНОМІЧНИМИ РИЗИКАМИ У ДІЯЛЬНОСТІ МОРСЬКИХ ТУРИСТИЧНИХ КОМПАНІЙ

The activities of maritime tourism companies are characterized by a significant number of various economic risks. The article attempts to determine the exposure of maritime tourism companies to risk based on the disclosures in their financial statements.The originality of the study is the identification of economic risks for maritime tourism companies, which is based on a probability approach in recognizing events.The article discusses the theoretical foundations for studying the risks of travel companies, highlights methods for further research, analyzes the state of scientific proposals in identifying economic risks and the prospects for using modeling, substantiates aspects of managing economic risks based on the use of financial reporting when building models, and suggests ways to use to develop management strategies dealing with economic risks.The interpretation of the risk of a maritime tourism company is proposed as the unpredic-tability of a negative impact on the results of decision-making and on the general conditions that they may encounter in the daily business process, due to limited unknown events.It has been determined that maritime tourism companies disclose risk factors using unstructured data, and this makes it difficult to determine the types of risk using traditional econometric methods. The Latent Dirichlet Allocation (Sent-LDA) thematic model, which is an extension of the original Latent Dirichlet Allocation (LDA) model, was used to identify exposures disclosed in the financial statements of maritime tourism companies. To identify the parameters of the LDA model for financial documents, Gibbs sampling was used, that is, an algorithm to create a sample of the joint distribution of a set of random variables. The study proved the universality and representativeness of economic risks; Maritime tourism companies have been proven to have business expansion risk, partnership risk, demand risk, seasonal risk, food risk and quarantine risk. At the same time, endogenous and exogenous components are considered: according to the first, each enterprise has its own unique business characteristics, and the identification of economic risks is realistic on the basis of financial statements; according to the second, studies of economic risks are aimed at increasing the competitiveness of enterprises in the service sector market.The results of the study can be used by stakeholders to develop appropriate and timely economic risk management strategies.Keywords: economic risks, risk management, financial reporting, model LDA &Sent-LDA, maritime travel companies.

Тренди рекрутингу в умовах пандемії

The purpose of the article is to study changes and transformations in the field of recruiting in the current conditions of the functioning of the economy. The relevance of the use of modern methods used in recruiting is substantiated. It has been proven that the latest transformations in the field of recruiting are not sufficiently calculated, studied and covered in scientific sources, hence, as a result, the constant demand of business for changes in this area. It is noted that Ukrainian companies, as a rule, use standard methods of personnel search, without using modern and targeted search channels, limiting themselves to the number of candidates. The transition of recruiting from standard to virtual is considered, recommendations are provided for remote communication with candidates and the general rules of netiquet are considered. A scheme for the distribution of roles and responsibilities in the recruiting department is proposed in connection with the development and launch of a new sourcing direction and the role of the recruiter in attracting candidates. Recommendations are proposed for building a recruiting process in a company, to which should be paid more attention, determining the focus and resources. The presented list of digital instruments in the recruitment process continues to expand, every year new products and programs are released, which are aimed at facilitating the work of the recruiter. Nevertheless, the market is experiencing a slow pace of implementation of these instruments due to the fact that these are financial costs that companies are not ready to bear, in conditions of economic instability and pandemic. Recruiters are encouraged to continue to increase their technical skills and knowledge in order to increase their professional efficiency and respond to changes in the market. It has been proven that companies need to pay more attention to the issue of employee retention, the correct construction of a recruiting strategy, to establish a training process for recruiters, to provide all the necessary tools for work, because without this they can lose their positions in the market.

Impact of covid on economic scenarios

Since the beginning of2020, the COVID-19 pandemic has had a significant impact on worldwide economic activity. When a new coronavirus (COVID-19) started spreading so quickly, authorities had to take immediate and dramatic action, which included everything from social seclusion to the cancellation of public events and the enactment of lockdowns and shutdowns. In certain countries, the intensity of these restrictions has begun to diminish as authorities begin to progressively lift them and reopen specific economic sectors. Perhaps for some time to come, social isolation and other control measures will continue to be implemented. There has been an impact on supply as a result of these containment efforts as well as a reduction in aggregate demand as a result of heightened uncertainty and self-isolation by individuals owing to the rapid spread of the disease. The widespread closure of businesses has resulted in a significant worsening of job circumstances, a rise in the liquidity demands of businesses, and significant disruptions to the financial markets. Despite the lack of up-to-date factual statistics, a drop in economic activity of unparalleled proportions is already evident.

Empowering 6G Communication Systems With Digital Twin Technology: A Comprehensive Survey

The global roll-out phase of the fifth-generation of mobile communication systems is currently underway. The industry and academia have already begun research on potential sixth-generation (6G) communication systems. The 6G communication system is anticipated to provide network connectivity for an extensive range of use cases in a variety of emerging vertical industries. Consequently, a new set of challenging requirements and more stringent key performance indicators have to be considered, a novel architecture has to be designed, and unique enabling technologies shall be developed in order to fulfill the technical, regulatory, and business demands of the communication service customers. These requirements place enormous pressure on the players in the telecommunications industry, including network operators, service providers, hardware suppliers, standards development organizations (SDOs), and regulatory authorities aimed at developing, standardizing, and regulating an energy-efficient, cost-effective, performing, and sustainable 6G communication ecosystem. One area of focus for 6G communication systems is the digital twin (DT) technology, which is a well-defined set of tools designed to create virtual representations of physical objects that serve as their digital counterparts. This article explores the applicability of the DT technology in the context of 6G communication systems by viewing it as a promising tool to make research, development, operation, and optimization of the next-generation communication systems highly efficient. The major contribution of this article is fivefold. Firstly, we provide critical analysis of the state-of-the-art literature in the field of DT technology in order to capture its essence in several application areas since its inception. Secondly, we conduct a comprehensive survey of the research concerning the deployment of DT technology in 6G communication systems. Thirdly, we discuss potential use cases and key areas of applications (along with detailed examples) of 6G communication systems that can benefit from DT technology. Fourthly, we present an overview of the activities of several SDOs that are active in the field of DT technology. Finally, we identify several open research challenges and future directions that need to be addressed before the end-to-end deployment of DT technology in 6G communication systems.

Student Performance Prediction Using Case Based Reasoning Knowledge Base System (CBR-KBS) Based Data Mining

Higher education management problems in delivering 100% of graduates who can satisfy business demands. In industry it is often difficult for qualified graduates to identify the appropriate means to evaluate problem - solving abilities as well as shortcomings in the evaluation of problem solving skills. This is partially due to the lack of an adequate methodology. The purpose of this paper is to provide the appropriate CBR-KBS model for predicting and evaluating the characteristics of the student's dataset so as to comply with the parameters of selection required by the university industry. Machine learning algorithms have been used in these study areas under supervision, uncompleted and uncontrolled; K-Nearest neighbor, Naïve Bayes, Decision Tree, Neural Network, Logistic Regression and Vector Support Machines. The proposed model would allow university management to make easier, more professional, experienced and industry-specific plans for the manufacturing of graduates and graduates who passed the type I and II examinations held by the employment opportunities.

Friction Stir Welded AA5052-H32 under Dissimilar Pin Profile and Preheat Temperature: Microstructural Observations and Mechanical Properties

In order to meet the escalating demand in the shipbuilding business, suitable materials with enhanced qualities are required to maximize ship cargo while reducing fuel consumption. Aluminum (Al) and its alloys are competing contenders for use in a variety of complicated ship structures. The major challenge to enhancing joint quality and performance is the quest for a viable and efficient FSW parameter. The main focus of this study was to critically explore the effect of the tool pin profile and the preheat temperature used during the friction stir welding of AA 5052-H32 on its mechanical properties and weld microstructure characteristics. There are three pin profile variations, including samples that were cylindrical, samples with two flat sides, and samples with three flat sides, all of which were investigated in different preheat temperatures (150–300 °C). The results that were obtained during macrographic observation showed that tunnel defects were visible in the cylindrical and two-flat-sided pin profile designs. During observations of the microstructure, it was observed that the grain size became finer and smaller in the weld nugget compared to in the heat affected zone (HAZ) and thermo-mechanically affected zone (TMAZ) regions due to dynamic recrystallization. However, at the 300 °C preheat variation, the grain size appeared to be larger due to the slower cooling rate, causing a decrease in the mechanical properties of the samples. The results of the physical tests determined that the preheat temperature caused an increase in the mechanical properties until 250 °C, at which point the three-flat-sided pin profile tool demonstrated superior mechanical properties compared to the tools with a cylindrical design; a 12.2% tensile strength increase, a 15.3% and 9.4% face and root bending increase, and an 11.2% hardness increase were observed.

Business and Human Rights: Key Issues for Legal Theory

Just like the fight against discrimination or other injustice in its time, the sphere ofbusiness and human rights goes through the same stages: the experience of injustice is accumulated –a demand for release from the problem is formed, a demand for a more perfect reality – a requestfor new regulation arises.The article discusses the key issues for the theory of law, conditioned by the formation of thisnew reality. The starting point for consideration is the question of business as a direct addressee ofhuman rights requirements, that is, the operation of human rights without mediation by the state,since one of the defining reasons for the emergence of public expectations, embodied in the conceptof business and human rights, was the inability or in some cases of deliberate unwillingness of thestate to ensure corporate respect for human rights. This, in turn, raises the question of the powerinfluence of business on human rights and the need to revise the concept according to which privateactors in their relations are equal. The imperious nature of the influence of business also means thatthere is a revision of the social contract, the parties to which were previously considered society andthe state, and therefore the need to legitimize such power of business, substantive and procedural. Even in a situation where the state exercises effective control over the business operations, therequirement of legitimation is relevant, since there is a space free from state legal regulation. Objectively,the state cannot (and should not) regulate all aspects of the functioning of economic entities; thespace for self-regulation always remains. Business, by understanding its internal processes, is betterable to identify risks to human rights and minimize them. The state can only react to the violationof human rights that has occurred.The demand for business to fulfill its human rights obligations is particularly heightened ina situation where government control over its activities is absent or ineffective. Such situations arepossible in the case of a weak nature of state power or its inconsistent policy in the field of humanrights (in particular, investment projects may not be assessed by the state in terms of their impacton human rights) or in a situation of an undemocratic political regime, when the state itself violateshuman rights. and business is directly or indirectly involved in such violations. It is also possible thatthe state does not have sufficient leverage over business. Transnational corporations are a classicexample of this situation. The lack of effective state control can also be explained by the oligarchicstructure of the economy.Accordingly, the concept of business and human rights, being a response to modern challenges of“unfair social experience”, forces us to reconsider the classical views on the addressees of human rightsdemands, the mechanism of operation of the rule of law, the requirements of which should applyto private actors and, in general, to reconsider the social contract taking into account the significantimpact that business has on the organization of life in modern society.

Overview on Updates on Digital Dental Radiography

Wilhelm Roentgen first discovered X-rays in 1895. Since its introduction in the mid-1980s, digital radiography has surpassed traditional screen-film radiography. Since 2000, more than 75 percent of medical clinics in the United States have migrated to digital radiography (DR). In fact, the US government has ordered that all medical records be converted to digital. Indirect, direct, or semi-direct digital radiography pictures are types of digital radiography currently available. Forensic radiology is a branch of medical imaging technology that helps clinicians. Radiology technology has evolved and grown tremendously in recent years. When comparing aggregated antemortem and postmortem information, radiographs are crucial. Adopting new technologies into a dental business demands a certain amount of bravery. After all, why alter things if your practise is running smoothly? To grasp the new equipment and procedures, the dentist and his or her staff will need further training. It's not always apparent how the new strategy will influence the practice's present logistics. These factors may cause the practitioner to be hesitant to alter present techniques. In this article we’ll reviewing digital dental radiography, and what are the advantages of going digital. And also what are the challenges that face us.

On the legal regulation of economic and commercial activities in Ukraine

The article is devoted to the study of the current state of regulatory and legal regulation of trade activities in Ukraine. The problems of the place in the economic legislation of trade, its signs, system and tendencies of formation are considered. The conditionally general and special legislation regulating trade activity is allocated. There is a certain direction in the systematization of legal regulation depending on the object of regulation, namely the organization of the market and commodity affiliation. The analysis of the basic regulations in the field of trade is carried out. Formulation of the problem. One of the factors that influenced the scientific interest was modern sociological research. Among them, it is widely believed that the global economic crisis caused by the COVID-19 virus has brought trade to the forefront of the national economy on the basis of growth in development. Thus, the Razumkov Center’s Annual Survey states: “According to the results of 2019, the share of manufacturing in the structure of GDP by production method was 10.8 %, wholesale and retail trade, repair of motor vehicles – 13.2 %, then according to the results of three quarters of 2020. the corresponding figures were 10.2 % and 14 %. That is, the characteristic of the Ukrainian economy is increasingly not the creation of new modern products, but the repair and resale of obsolete products. In addition, recently there has been systemic uncertainty regarding the management and organization of economic activity by central government, which, accordingly, does not contribute to overcoming the crisis. Analysis of recent research and publications. In the domestic science of economic law there are no modern studies of trade regulation as a kind of economic. Among the scientists who have conducted research in this area in the past can be distinguished G.F. Shershenevich, Ye.O. Krasheninnikov, D.V. Zerkalov, A.A. Popov. In the modern literature, some attention was paid to the legal regulation of trade L. Mikhnevych, N.V. Shigarova, K.I. Krolevetsky. Recognizing the contribution of these researchers, it should be noted that science does not meet the high demand for the formation of legislative policy to regulate trade relations, the creation of a single state ideology in the areas of legal regulation of trade and as a result - high business demand for legislation

Has the University Always Been “Neoliberal”?

Has the University Always Been “Neoliberal”?

Environmental Impacts And Social Concerns - A Case Study Associated With Petroleum Exploration Activities From Onshore Baram Delta, NW Sarawak

The onshore Baram Delta, located in NW Sarawak is the birthplace of petroleum production in Malaysia. The Miri oilfield was first discovered in 1910 and subsequently abandoned in 1972 with intermittent exploration activities in the late 1980’s to early 1990’s. To rejuvenate exploration interest and to identify remaining hydrocarbon potential of the study area, in 2009-2010 JX Nippon acquired gravity, then regional 2D seismic data, followed-by exploration well drilling from 2011-2014. This paper discusses the social-environmental impacts and concerns associated with these petroleum exploration activities, from acquisition of seismic where explosives and vibroseis were used as a source of propagating signals, to exploration drilling with petroleum chemicals such as water-based muds used to facilitate the drilling operations. Overall, the inquiry addresses operational challenges, security of explosive storage and concern for handling explosives in the field, the social-environmental impacts of seismic acquisition operations, as well as removal of drilling fluid chemicals and disposal of contaminated cuttings. Containment procedures and mitigation measures undertaken to alleviate these social-environmental impacts are discussed according to the guidelines and regulatory requirements provided by the Environmental Impact Assessment (EIA), in conjunction with PETRONAS Procedures and Guidelines for Upstream Activities (PPGUA) and the company’s Health, Safety and Environment (HSE) Management System. In the final analysis, significant environmental and social challenges were certainly encountered while planning and conducting petroleum exploration activities in the study area. These challenges include problems related to topographic variabilities, permitting issues, compensations for affected lands and cash crops; layout constraints, drilling operations, well control measures for blowout prevention, traffic controls, potential damage to infra-structures, explosive and equipment transportation. However, with proper planning, effective communication with the local authorities, and awareness sessions conducted for the affected parties and stakeholders; together with the support of the local communities the operations have not only managed to mitigate these social and environmental concerns, the exploration activities also provided economic benefits such as hotel accommodation, logistics and transportation demands for local businesses, and short-term employment opportunities for the local people. Ultimately, the operations successfully acquired nearly 900-line km of seismic across many villages, longhouses, and in the city areas, with four exploration wells were drilled in the exploration block. We are glad to report that both seismic and drilling operations were conducted successfully and safely with minimal interruptions to people and environment, without untoward incidents or spills. With the mitigation measures in place, there were no damages other than land access, which were remediated, where incurred.

Examining the interaction of sustainable innovation activity and the life cycle of small high‐tech enterprises

AbstractThe direction of this study was engineered by the need to increase the innovation activity of high‐tech enterprises (primarily small enterprise) and to test the hypothesis that the innovation activity of such enterprises depends on the stage of their life cycle. At the first stage, we formulated the assumptions and prerequisites for the formation of a sample for the study: 106 small enterprises of the electric power industry of the Chelyabinsk region of Russia Federation. At the second stage, we developed a method to determine an enterprise's life cycle stage, taking into account the specifics of small industrial enterprises. Our method involves the sequential implementation of two steps. In the first, we use the traditional indicator of age of the enterprise, and in the second, we assess the degree of stability of key financial indicators of enterprise activities. At the third stage, based on the proposed method, the sample was divided into three groups: growing, mature, and long‐lived enterprises, for each of which an assessment of innovation activity was carried out. As a result, we determined that small Russian enterprises in the high‐tech industry demonstrate an increase in innovation activity at the stage of maturity, as a rule. However, even at this stage, only one in three enterprises shows such activity. This can be explained by the low demand for small businesses in the Russian national innovation system, as well as the lack of highly qualified personnel and the prevailing stereotypes of attitudes toward small businesses. As captured in the Sustainable Development Goals (SDGs) 9 (industry, innovation, and infrastructure), the proposed approach can be applied in the development of regional support programs and strategies for the development of small high‐tech enterprises.

The Consistency of Basic Principles of Internal Audit at Private Enterprises

Economic challenges of our time determine the need in clear identification and specification of management functions as part of the business processes and their control. European practices of business development give evidence of the need in a comprehensive approach to organizational, methodological and practical actions focused on building up the internal control system in symbiosis with the management department. The research objective involved an analysis of the consistency of basic principles underlying the quality of internal control at private enterprises through outlining the functions, methods and procedures of internal audit. 
 The purposes of international audit (verification of financial statements, compliance control, operational audit) are outlined. The goal and assignments of internal audit are determined in the context of private business demands. A revised approach to defining the set of functions of international audit in view of the demands articulated by business enterprises operating in the conditions of crisis economy is proposed. The essential meaning of the categories of “method”, “technique” and “methodology” is highlighted in the context of internal control. 
 The conclusion is made that the assignments of internal audit need to be solved by use of creative methods of control and innovative approaches to various situations, which requires a multifaceted classification of internal audit in view of its customer demands: technical audit, technological audit, organizational audit, legal audit, environmental audit, social audit, marketing audit. An information platform for balanced decision-making involves combinations of control functions and entails the emergence of unified forms of internal audit: risk-oriented audit, business-oriented audit, factor-oriented audit, etc.

Access Data Analysis Technology and Implementation of Electric Power Big Data Achievement Sharing Platform through Artificial Intelligence

With the rapid development of the information age, the data generated by all walks of life is showing an increasing trend of “blowout”. According to statistics, the total amount of data generated by mankind in the past 40,000 years is less than the total amount of data generated from 2010 to 2013 alone. The global big data reserves reached 8.61ZB in 2015 alone, and the growth of data in the future will reach an unpredictable value, entering the data age in an all-round way. Traditional power data computing technology and intelligent analysis technology are undergoing profound changes, and emerging big data intelligent analysis platforms are gradually emerging. With the in-depth development of power informatization and the concept of smart grid, the power industry data has grown exponentially, and the business demand for intelligent analysis of large amounts of power data is increasing day by day. Therefore, the access data analysis technology and realization of the power big data achievement sharing platform based on AI is of great significance. The AI-based power big data achievement sharing platform constructed in this article is a research on previous data analysis, and it aims to use the current cutting-edge artificial intelligence technology to build a scalable and highly available power big data analysis and processing platform to provide fast and reliable smart data services for the power industry, smart grid and other grid businesses. Research has shown that the overall availability of the ultrasonic partial discharge recognition system of the artificial intelligence-based electric power big data achievement sharing platform is 99.9967%, which meets the high availability index requirements, and verified that the artificial intelligence-based power big data achievement sharing platform provides highly available computing, storage and other services for its applications.

How to make intelligent automation projects agile? Identification of success factors and an assessment approach

PurposeOrganizations are fast adopting new technologies such as automation, analytics and artificial intelligence, collectively called intelligent automation, to drive digital transformation. When adopting intelligent automation, there is a need to understand the success factors of these new technologies and adapt agile software development (ASD) practices to meet customer expectations. The purpose of this paper is to explore the success factors of intelligent automation and create a framework for managers and practitioners to meet dynamic business demands. Total interpretive structural modeling (TISM) framework is a suitable approach to integrate quantitative measurement with qualitative semi-structured interviews capturing the context of the individual organization environment.Design/methodology/approachThis paper identified agility factors and their interrelationships using a TISM framework. TISM results were validated using a one-tailed t-test to confirm the interrelationships between factors. Furthermore, the agility index of a case project organization was assessed using a graph-theoretic approach (GTA) to identify both the triggering factors for agility success and improvement proposals.FindingsResults showed that leadership vision, organization structure and program methodology were driving factors. The TISM model was validated statistically and the agility index of the intelligent automation case project organization was calculated to be79.5%. Here, a GTA was applied and the triggering factors for improvement of the agility index were identified.Research limitations/implicationsThe limitations of the study are described along with the opportunities for future research as the field evolves through the rapid innovation of technology and products.Practical implicationsThe increasing role of digital transformation in enterprise strategy and operations requires practitioners to understand how ASD practices must be planned, measured and/or improved over time through the implementation of automation, analytics and artificial intelligence programs. The TISM digraph provides a framework of hierarchical structure to organize the influencing factors, which assists in achieving organizational goals. This study highlights the driving factors which contribute to the success of intelligent automation projects and project organizations.Originality/valueThis is a first attempt to analyze the interrelationships among agility factors in intelligent automation projects (IAP) using TISM and the assessment of the agility index of a case IAP organization using a GTA.

Edge Intelligence in Private Mobile Networks for Next-Generation Railway Systems

The integration of Private Mobile Networks (PMN) with edge intelligence is expected to play an instrumental role in realizing the next generation of industry applications. This combination collectively termed Intelligent Private Networks (IPN) deployed within the scope of specific industries such as transport systems can unlock several use cases and critical applications that in turn can address rising business demands. This article presents a conceptual IPN that hosts intelligence at the network edge employing emerging technologies that satisfy a number of Next-Generation Railway System (NGRS) applications. NGRS use cases along with their applications and respective beyond 5G (B5G) enabling technologies have been discussed along with possible future research and development directions that will allow these promising technologies to be used and implemented widely.