Artificial intelligence and machine learning have increasing influence on the financial sector, but also on economy as a whole. The impact of artificial intelligence and machine learning on banking risk management has become particularly interesting after the global financial crisis. The...

Purpose: Active product life cycle management contributes to supply chain optimization. However, in nowadays industry the high number of variants and backward loops complicate tracing the entire product lifecycle in an ERP system. Consequently, product lifecycle and corresponding...

Purpose: Our research shows that considering well suited NoSQL databases is beneficial for logistics tasks. For answering tasks we rely on the widespread methods of Data Mining. We stress that using relational databases as basis for Data Mining tools cannot cope with the growing amount of data...

This paper presents a theoretical conceptualization of the data economy that motivates more access to data for scientific research. It defines the semicircular flow of the data economy as analogous to the traditional circular flow of the economy. Knowledge extraction from large, inter-connected...