Big data challenges, prospects, and their potential use in Kosovo

Session

Information Systems and Security

Description

In today’s era big data has major impact on business decisions, being key determinant for further business development. Ongoing publicity for big data has been gained from all stakeholders, namely, academics and professionals, as big data leads to valuable knowledge and promotion of activity of companies. This paper examines big data definitions, starting from existing one and covering big data characteristics also. However, the main objective of this paper is to explore and elaborate potential impact of big data and its challenges in specific sectors in Kosovo, and various tools associated with it. Based on the survey data, paper shows if recent trends in the field of big data technologies are used in business decision making process and if yes, to which extend it will affect business decisions of selected companies in Kosovo. As a result, specific possibilities are explored whether new technologies could help business decision process. Final goal is to show if these models can impact positively decision-making process in order to maximize profit.

Keywords:

Big data, big data definition, characteristics of big data, decision making.

Session Chair

Agon Mehmeti

Session Co-Chair

Blerton Abazi

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-96-7

Location

Lipjan, Kosovo

Start Date

31-10-2020 9:00 AM

End Date

31-10-2020 10:30 AM

DOI

10.33107/ubt-ic.2020.220

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Oct 31st, 9:00 AM Oct 31st, 10:30 AM

Big data challenges, prospects, and their potential use in Kosovo

Lipjan, Kosovo

In today’s era big data has major impact on business decisions, being key determinant for further business development. Ongoing publicity for big data has been gained from all stakeholders, namely, academics and professionals, as big data leads to valuable knowledge and promotion of activity of companies. This paper examines big data definitions, starting from existing one and covering big data characteristics also. However, the main objective of this paper is to explore and elaborate potential impact of big data and its challenges in specific sectors in Kosovo, and various tools associated with it. Based on the survey data, paper shows if recent trends in the field of big data technologies are used in business decision making process and if yes, to which extend it will affect business decisions of selected companies in Kosovo. As a result, specific possibilities are explored whether new technologies could help business decision process. Final goal is to show if these models can impact positively decision-making process in order to maximize profit.