Application of Big Data Concept in Foreign Trade Analysis
Session
Information Systems and Security
Description
The need for handling, analysis and interpretation of large, interrelated datasets in various scientific fields, together with the rapid development of information-technology tools, have resulted in newly emerging data-related scientific fields.The overwhelming majority of publications, based on big data analysis had been born in developed states, because the level of sophistication of informatics in this regions of the world offers a favourable precondition of collection and analysis of this data. Much lesser experiences and pieces of information do we have from relatively lesser developed countries, in which group is also Kosovo. There is a lack of modern trade, agricultural and food logistics. Considerable discrepancy between the market demand and supply. Lack of modern trading facilities even in the large states. If the producers are unable to sell their products on the place of production, there is a considerable danger of loss. That’s why the improvement of logistical infrastructure of marketing and the market-building is essential.
Keywords:
Datasets, Big data, Foreign trade, Data analysis
Session Chair
Naim Preniqi
Session Co-Chair
Blerton Abazi
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-437-54-7
Location
Durres, Albania
Start Date
28-10-2017 4:00 PM
End Date
28-10-2017 5:30 PM
DOI
10.33107/ubt-ic.2017.193
Recommended Citation
Hoti, Albnora, "Application of Big Data Concept in Foreign Trade Analysis" (2017). UBT International Conference. 193.
https://knowledgecenter.ubt-uni.net/conference/2017/all-events/193
Application of Big Data Concept in Foreign Trade Analysis
Durres, Albania
The need for handling, analysis and interpretation of large, interrelated datasets in various scientific fields, together with the rapid development of information-technology tools, have resulted in newly emerging data-related scientific fields.The overwhelming majority of publications, based on big data analysis had been born in developed states, because the level of sophistication of informatics in this regions of the world offers a favourable precondition of collection and analysis of this data. Much lesser experiences and pieces of information do we have from relatively lesser developed countries, in which group is also Kosovo. There is a lack of modern trade, agricultural and food logistics. Considerable discrepancy between the market demand and supply. Lack of modern trading facilities even in the large states. If the producers are unable to sell their products on the place of production, there is a considerable danger of loss. That’s why the improvement of logistical infrastructure of marketing and the market-building is essential.