Big Data and Business Intelligence - A Data Driven Strategy for Business in Bosnia Herzegovina

• 发表在: 2022 IEEE 10th Conference on Systems, Process and Control, ICSPC 2022 - Proceedings
• 主要作者: 2-s2.0-85146682275
• 格式: Conference paper
• 语言: English
• 出版: Institute of Electrical and Electronics Engineers Inc. 2022
• 在线阅读: https://www.scopus.com/inward/record.uri?eid=2-s2.0-85146682275&doi=10.1109%2fICSPC55597.2022.10001788&partnerID=40&md5=0c0bc3bea398f711ad5d068f70111144

Management accounting is the central piece that controls organisations' decision-making based on management accounting, yet little research focuses on this area. Hence this study, object classification, descriptive analysis and pattern recognition are implemented to investigate the correlation between decision-making and business intelligence. The data acquisition is from organisations in Bosnia and Herzegovina, specifically from a Structured Query Language Database and quantitative approach. Further, the statistical data generated patterns of sales and expenses that can be recognised, marking down the organisation might have to take a different approach which is based on 55000 transactions accumulated over the past six years. These transactions are then normalised into a standardised format and imported into the Atoti BI with Python. Initial findings showed that based on numerical analysis, the revenue and total revenue increased by 10% in the product price. © 2022 IEEE.