Cognitive systems for intelligent business information management in cognitive economy

Lidia Ogiela and Marek R. Ogiela

International Journal of Information Management, 2014, vol. 34, issue 6, 751-760

Abstract: This paper will present new theoretical and applied solutions for intelligent data analysis and information management in the fields of cognitive economics. Intelligent data analysis and information management are performed by information systems called cognitive systems, dedicated for semantic interpretation of acquired business information. To interpret the meaning of the analysed data, complex linguistic algorithms must be used, based on which it is possible to find the core information elements for business processes forecasting and economical knowledge management. The presentation of selected methods of semantic data analysis in cognitive economy, which allow to perform both local and global information management forms the main subject of this paper. Here, semantic analysis methods are dedicated to cognitive economics problems, namely the interpretation, analysis and assessment of the meaning of selected sets of economic/financial ratios. The meaning of the interpreted data sets is assessed by analysing the layers of meaning contained in data analysed sets. Obtained semantic information may be used in future business processes evaluation and forecasting.

Keywords: Intelligent data analysis; Cognitive economy; Business information management (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ininma:v:34:y:2014:i:6:p:751-760

DOI: 10.1016/j.ijinfomgt.2014.08.001

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