Prescriptive analytics plays an important role in decision making in smart factories by
utilizing the available data to gain actionable insights. The planning, integration and …

The emerging trend of Prescriptive Analytics tries to prescribe actionable decisions. The
goal is to help production experts in automating their decisions in the factory. Decision …

8.1 Summary of the results 193 8.2 Implications for research and future work 198 8.2. 1
Value creation through predictive analytics 198 8.2. 2 Energy informatics to support energy …

Abstract Design activities such as process modeling always face a trade-off between quality
and quantity. That is, process management initiatives typically focus on modeling and …

It goes without saying that the growth in available data across the globe is exploding (eg,
Shirer and Rydning, 2020), resulting in the global data-intensive technologies market valued …

In the current increasingly competitive and technologically advanced market, significant
opportunities to develop service innovations can be realized by utilizing datadriven decision …

Original papers Elgendy, N., Elragal, A., & Päivärinta, T.(2022). DECAS: A modern data-
driven decision theory for big data and analytics. Journal of Decision Systems, 31 (4), 337 …

Data-intensive technologies draw high investments. Yet, data science projects are reported
to suffer from poor collaboration, unrealistic expectations, and difficulties in realizing …

To react to new market dynamics, OEM, one of the largest marine equipment manufacturers
in the world, was facing the task of transforming its aftersales business from key-account …

In order to sustain their competitive advantage, data driven organizations must continue
investing in business intelligence and analytics (BI&A) while mitigating inherent cost …