Applied business analytics approach to IT projects – Methodological framework

The design and implementation of a big data project differs from a typical business intelligence project that might be presented concurrently within the same organization. A big data initiative typically triggers a large scale IT project that is expected to deliver the desired outcomes. The industry has identified two major methodologies for running a data centric project, in particular SEMMA (Sample, Explore, Modify, Model and Assess) and CRISP-DM (Cross Industry Standard Process for Data Mining). More general, the professional organizations PMI (Project Management Institute) and IIBA (International Institute of Business Analysis) have defined their methods for project management and business analysis based on the best current industry practices. However, big data projects place new challenges that are not considered by the existing methodologies. The building of end-to-end big data analytical solution for optimization of the supply chain, pricing and promotion, product launch, shop potential and customer value is facing both business and technical challenges. The most common business challenges are unclear and/or poorly defined business cases; irrelevant data; poor data quality; overlooked data granularity; improper contextualization of data; unprepared or bad prepared data; non-meaningful results; lack of skill set. Some of the technical challenges are related to lag of resources and technology limitations; availability of data sources; storage difficulties; security issues; performance problems; little flexibility; and ineffective DevOps. This paper discusses an applied business analytics approach to IT projects and addresses the above-described aspects. The authors present their work on research and development of new methodological framework and analytical instruments applicable in both business endeavors, and educational initiatives, targeting big data. The proposed framework is based on proprietary methodology and advanced analytics tools. It is focused on the development and the implementation of practical solutions for project managers, business analysts, IT practitioners and Business/Data Analytics students. Under discussion are also the necessary skills and knowledge for the successful big data business analyst, and some of the main organizational and operational aspects of the big data projects, including the continuous model deployment

Investigating IoT Middleware Platforms for Smart Application Development

With the growing number of Internet of Things (IoT) devices, the data generated through these devices is also increasing. By 2030, it is been predicted that the number of IoT devices will exceed the number of human beings on earth. This gives rise to the requirement of middleware platform that can manage IoT devices, intelligently store and process gigantic data generated for building smart applications such as Smart Cities, Smart Healthcare, Smart Industry, and others. At present, market is overwhelming with the number of IoT middleware platforms with specific features. This raises one of the most serious and least discussed challenge for application developer to choose suitable platform for their application development. Across the literature, very little attempt is done in classifying or comparing IoT middleware platforms for the applications. This paper categorizes IoT platforms into four categories namely-publicly traded, open source, developer friendly and end-to-end connectivity. Some of the popular middleware platforms in each category are investigated based on general IoT architecture. Comparison of IoT middleware platforms in each category, based on basic, sensing, communication and application development features is presented. This study can be useful for IoT application developers to select the most appropriate platform according to their application requirement