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result(s) for
"Predictive analytics"
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The age of prediction : algorithms, AI, and the shifting shadows of risk
\"The interplay between prediction and risk and role of advanced predictive technologies (biotechnology, AI, and big data) in provoking social change\"-- Provided by publisher.
Healthcare Predictive Analytics for Risk Profiling in Chronic Care
by
Li, Shu-Hsing
,
Chen, Hsinchun
,
Lin, Yu-Kai
in
Analytics
,
Bayesian analysis
,
Chronic illnesses
2017
Clinical intelligence about a patient’s risk of future adverse health events can support clinical decision making in personalized and preventive care. Healthcare predictive analytics using electronic health records offers a promising direction to address the challenging tasks of risk profiling. Patients with chronic diseases often face risks of not just one, but an array of adverse health events. However, existing risk models typically focus on one specific event and do not predict multiple outcomes. To attain enhanced risk profiling, we adopt the design science paradigm and propose a principled approach called Bayesian multitask learning (BMTL). Considering the model development for an event as a single task, our BMTL approach is to coordinate a set of baseline models—one for each event—and communicate training information across the models. The BMTL approach allows healthcare providers to achieve multifaceted risk profiling and model an arbitrary number of events simultaneously. Our experimental evaluations demonstrate that the BMTL approach attains an improved predictive performance when compared with the alternatives that model multiple events separately. We also find that, in most cases, the BMTL approach significantly outperforms existing multitask learning techniques. More importantly, our analysis shows that the BMTL approach can create significant potential impacts on clinical practice in reducing the failures and delays in preventive interventions. We discuss several implications of this study for health IT, big data and predictive analytics, and design science research.
Journal Article
Impact of big data and predictive analytics capability on supply chain sustainability
by
Prakash, Anand
,
Roubaud, David
,
Papadopoulos, Thanos
in
Artificial intelligence
,
Automobile industry
,
Big Data
2018
Purpose
The purpose of this paper is to develop a theoretical model to explain the impact of big data and predictive analytics (BDPA) on sustainable business development goal of the organization.
Design/methodology/approach
The authors have developed the theoretical model using resource-based view logic and contingency theory. The model was further tested using partial least squares-structural equation modeling (PLS-SEM) following Peng and Lai (2012) arguments. The authors gathered 205 responses using survey-based instrument for PLS-SEM.
Findings
The statistical results suggest that out of four research hypotheses, the authors found support for three hypotheses (H1-H3) and the authors did not find support for H4. Although the authors did not find support for H4 (moderating role of supply base complexity (SBC)), however, in future the relationship between BDPA, SBC and sustainable supply chain performance measures remain interesting research questions for further studies.
Originality/value
This study makes some original contribution to the operations and supply chain management literature. The authors provide theory-driven and empirically proven results which extend previous studies which have focused on single performance measures (i.e. economic or environmental). Hence, by studying the impact of BDPA on three performance measures the authors have attempted to answer some of the unresolved questions. The authors also offer numerous guidance to the practitioners and policy makers, based on empirical results.
Journal Article
Artificial intelligence-based smart cloud computing schema model
by
Radhakrishnan Kanthavel
,
Abdulsattar Abdullah Hamad
,
Ramakrishnan Dhaya
in
Artificial intelligence
,
Cloud computing
,
Efficiency
2024
In the contemporary digital era, cloud computing offers an ideal platform for artificial intelligence (AI) applications by providing the necessary computational power, memory, and scalability to handle the massive volumes of data required by intelligent algorithms. AI systems enable computing devices to make expert-level decisions by effectively leveraging information. However, challenges, related to adaptability, efficiency, privacy preservation, and the latent requirement for minimal user intervention remain critical. Notably, error detection efficiency can be improved by distributing data across multiple cloud storage services, akin to spreading data across physical disk drives. Nevertheless, continuously optimizing the performance and cost-efficiency of multiple cloud providers remains a complex task, due to varying pricing models and service quality levels. This paper aims to clarify how rule enforcement for distributed systems can be improved through the use of diverse cloud hosting services guided by authorization patterns. We propose an Effective AI Architecture for File Distribution Enhancement (EAIFDE), which aims to minimize costs and waiting times across various cloud platforms. The proposed architecture is validated using a cloud storage system simulator to evaluate the operational complexity and performance differences among multiple providers.
Journal Article
Internet of things (IoT) for safety and efficiency in construction building site operations
by
Khan, Abdul Mateen
,
Alrasheed, Khaled A.
,
Almujibah, Hamad
in
639/166
,
639/166/986
,
Automation
2024
Internet of Things (IoT) technologies present transformative opportunities through connectivity of intelligent devices, environmental sensors, and integrated management systems. This study aims to investigate the benefits and impact of IoT implementation on construction sites by analyzing relationships between key factors and outcomes for safety and efficiency. Hypotheses were developed proposing positive correlations between each factor and effective IoT adoption on construction sites. Structural equation modeling analysis on survey data from construction professionals and site reports strongly validated the research hypotheses. Positive path coefficients and high statistical significance confirmed environmental monitoring (0.38), equipment management (0.343), predictive analytics and maintenance (0.222) and safety monitoring (0.369) as crucial enablers for successful IoT integration leading to safer and more productive construction operations. The findings highlight imperative focus areas and provide actionable insights for construction stakeholders on strategies to effectively leverage IoT capabilities.
Journal Article
The role of big data and predictive analytics in the employee retention: a resource-based view
by
Sharma, Pooja
,
Belal, H.M.
,
Singh, Rupali
in
Big Data
,
Career advancement
,
Career development planning
2022
PurposeThe authors have attempted to understand how big data and predictive analytics (BDPA) can help retain employees in the organization.Design/methodology/approachThis study is grounded in the positivism philosophy. The authors have used a resource-based view (RBV) to develop their research hypotheses. The authors tested their research hypotheses using primary data gathered using a single-informant questionnaire. The authors obtained 254 usable responses. The authors performed the assumptions test, performed confirmatory factor analysis (CFA) to test the validity of the proposed theoretical model, and further tested their research hypotheses using hierarchical regression analysis.FindingsThe statistical result suggests that the various human resource management strategies play a significant role in improving retention under the mediating effect of the BDPA.Research limitations/implicationsThe authors have grounded their study in the positivism philosophy. Moreover, the authors tested their hypotheses using single-informant cross-sectional data. Hence, the authors cannot ignore the effects of the common method bias on their research findings. Moreover, the research findings are based on a particular setting. Thus, the authors caution the readers that their findings must be examined in the light of their study limitations.Practical implicationsThe study provided empirical findings based on survey data. Hence, the authors provide numerous guidelines to the practitioners that how the organization can invest in creating BDPA that helps analyze complex data to extract meaningful and relevant information. This information related to employee turnaround may guide top management to reduce the dissatisfaction level among the employees working in high-stress environments resulting from a high degree of uncertainty.Social implicationsThe study helps understand the complex factors that affect the morale of the employee. In the high-paced environment, the employees are often exposed to various negative forces that affect their morale which further affect their productivity. Due to lack of awareness and adequate information, most of the employees and their issues are not dealt with effectively and efficiently by their line managers. Thus, the BDPA can help tackle the most complex problem of society in a significant way.Originality/valueThis study offers some useful contributions to the literature which attempts to unfold the complex nexus between human resource management, information management and strategy. The study contributes to the BDPA literature and how it helps in the retention of employees is one of the areas which still remains elusive to the academic community. Moreover, the managers are still skeptical about the application of BDPA in understanding human-related issues due to a lack of understanding of how and to what extent the employee-related information can be stored and processed. This study’s findings further open the new avenues of research that need to be tackled.
Journal Article
Modelling near-real-time order arrival demand in e-commerce context: a machine learning predictive methodology
2020
PurposeAccurate prediction of order demand across omni-channel supply chains improves the management's decision-making ability at strategic, tactical and operational levels. The paper aims to develop a predictive methodology for forecasting near-real-time e-commerce order arrivals in distribution centres, allowing third-party logistics service providers to manage the hour-to-hour fast-changing arrival rates of e-commerce orders better.Design/methodology/approachThe paper proposes a novel machine learning predictive methodology through the integration of the time series data characteristics into the development of an adaptive neuro-fuzzy inference system. A four-stage implementation framework is developed for enabling practitioners to apply the proposed model.FindingsA structured model evaluation framework is constructed for cross-validation of model performance. With the aid of an illustrative case study, forecasting evaluation reveals a high level of accuracy of the proposed machine learning approach in forecasting the arrivals of real e-commerce orders in three different retailers at three-hour intervals.Research limitations/implicationsResults from the case study suggest that real-time prediction of individual retailer's e-order arrival is crucial in order to maximize the value of e-order arrival prediction for daily operational decision-making.Originality/valueEarlier researchers examined supply chain demand, forecasting problem in a broader scope, particularly in dealing with the bullwhip effect. Prediction of real-time, hourly based order arrivals has been lacking. The paper fills this research gap by presenting a novel data-driven predictive methodology.
Journal Article
Optimized feature selection algorithm based on fireflies with gravitational ant colony algorithm for big data predictive analytics
2019
Big data is an important and complex dataset consisting of a large volume of data that helps to collect, store, and analyze data, depending on its applications and predictive analytics. During the predictive process, the method examines different quantities of data, which are difficult to process because their high dimensionality leads to difficulties in examining the correlations among the data. This paper introduces a method of optimized feature selection and soft computing techniques for reducing the dimensionality of the dataset. Initially, the data were collected from various resources that contained some inconsistent data, reducing the system’s efficiency. Then, the inconsistent and noise data were removed by applying a normalized approach. Next, the optimized features were selected using the fireflies gravitational ant colony optimization (FGACO) approach. This optimized feature selection method successfully examines the characteristics and importance of the feature during the selection process. The selected feature consists of all details about particular predictive analytics. The system’s efficiency was then evaluated using different datasets. The experimental results show that FGACO performs better in terms of the sensitivity, specificity, accuracy, and the number of selected features based on time.
Journal Article
Influence of big data and predictive analytics and social capital on performance of humanitarian supply chain
by
Jeble, Shirish
,
Kumari, Sneha
,
Singh, Manju
in
Big Data
,
Business administration
,
Case studies
2020
PurposeThe purpose of this paper is threefold: first, to investigate the role of big data and predictive analytics (BDPA) and social capital on the performance of humanitarian supply chains (HSCs); second, to explore the different performance measurement frameworks and develop a conceptual model for an HSC context that can be used by humanitarian organizations; and third, to provide insights for future research direction.Design/methodology/approachAfter a detailed review of relevant literature, grounded in resource-based view and social capital theory, the paper proposes a conceptual model that depicts the influence of BDPA and social capital on the performance of an HSC.FindingsThe study deliberates that BDPA as a capability improves the effectiveness of humanitarian missions to achieve its goals. It uncovers the fact that social capital binds people, organization or a country to form a network and has a critical role in the form of monetary or non-monetary support in disaster management. Further, it argues that social capital combined with BDPA capability can result in a better HSC performance.Research limitations/implicationsThe proposed model integrating BDPA and social capital for HSC performance is conceptual and it needs to be empirically validated.Practical implicationsOrganizations and practitioners may use this framework by mobilizing social capital, BDPA to enhance their abilities to help victims of calamities.Social implicationsFindings from study can help improve coordination among different stakeholders in HSC, effectiveness of humanitarian operations, which means lives saved and faster reconstruction process after disaster. Second, by implementing performance measurements framework recommended by study, donors and other stakeholders will get much desired transparency at each stage of HSCs.Originality/valueThe findings contribute to the missing link of social capital and BDPA to the existing performance of HSC literature, finally leading to a better HSC performance.
Journal Article
Harnessing artificial intelligence for data-driven energy predictive analytics: A systematic survey towards enhancing sustainability
by
Le, Thanh Tuan
,
Priya, Jayabal Chandra
,
Le, Huu Cuong
in
artificial intelligence
,
artificial neural network
,
energy forecasting
2024
The escalating trends in energy consumption and the associated emissions of pollutants in the past century have led to energy depletion and environmental pollution. Achieving comprehensive sustainability requires the optimization of energy efficiency and the implementation of efficient energy management strategies. Artificial intelligence (AI), a prominent machine learning paradigm, has gained significant traction in control applications and found extensive utility in various energy-related domains. The utilization of AI techniques for addressing energy-related challenges is favored due to their aptitude for handling complex and nonlinear data structures. Based on the preliminary inquiries, it has been observed that predictive analytics, prominently driven by artificial neural network (ANN) algorithms, assumes a crucial position in energy management across various sectors. This paper presents a comprehensive bibliometric analysis to gain deeper insights into the progression of AI in energy research from 2003 to 2023. AI models can be used to accurately predict energy consumption, load profiles, and resource planning, ensuring consistent performance and efficient resource utilization. This review article summarizes the existing literature on the implementation of AI in the development of energy management systems. Additionally, it explores the challenges and potential areas of research in applying ANN to energy system management. The study demonstrates that ANN can effectively address integration issues between energy and power systems, such as solar and wind forecasting, power system frequency analysis and control, and transient stability assessment. Based on the comprehensive state-of-the-art study, it can be inferred that the implementation of AI has consistently led to energy reductions exceeding 25%. Furthermore, this article discusses future research directions in this field.
Journal Article