Event Title

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

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Oct 28th, 4:00 PM Oct 28th, 5:30 PM

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.