Smart Asset Management for Electric Utilities: Big Data and Future

This paper discusses about future challenges in terms of big data and new technologies. Utilities have been collecting data in large amounts but they are hardly utilized because they are huge in amount and also there is uncertainty associated with it. Condition monitoring of assets collects large amounts of data during daily operations. The question arises "How to extract information from large chunk of data?" The concept of "rich data and poor information" is being challenged by big data analytics with advent of machine learning techniques. Along with technological advancements like Internet of Things (IoT), big data analytics will play an important role for electric utilities. In this paper, challenges are answered by pathways and guidelines to make the current asset management practices smarter for the future.Comment: 13 pages, 3 figures, Proceedings of 12th World Congress on Engineering Asset Management (WCEAM) 201

The Transformation of Accounting Information Systems Curriculum in the Last Decade

Accounting information systems (AIS) are an extremely important component of accounting and accounting education. The purpose of the current study is to examine the transformation of accounting information systems (AIS) curriculum in the last decade. The motivation for this research comes from the vast advances made in the world of information technology (IT) and information systems (IS). The specific research questions addressed in the current study are: (1) how has AIS curriculum changed in the 18 years since SOX? (2) How has AIS curriculum adjusted in recent years with the emergence of the new hot-button topic big data/data analytics? Overall, this study finds that the core of AIS curriculum has not significantly changed over the last decade. However, more emphasis is being placed on topics such as enterprise wide systems/ERP, IT audits, computer fraud, and transaction-processing. Related, several new topical coverages have been introduced such as business analysts and big data/data analytics. The key contribution of this paper is to provide accounting students and accounting educators with useful information regarding the most significant shifts in AIS over the last decade and insight into the most valuable current AIS topics

A Multi-Armed Bandit to Smartly Select a Training Set from Big Medical Data

With the availability of big medical image data, the selection of an adequate training set is becoming more important to address the heterogeneity of different datasets. Simply including all the data does not only incur high processing costs but can even harm the prediction. We formulate the smart and efficient selection of a training dataset from big medical image data as a multi-armed bandit problem, solved by Thompson sampling. Our method assumes that image features are not available at the time of the selection of the samples, and therefore relies only on meta information associated with the images. Our strategy simultaneously exploits data sources with high chances of yielding useful samples and explores new data regions. For our evaluation, we focus on the application of estimating the age from a brain MRI. Our results on 7,250 subjects from 10 datasets show that our approach leads to higher accuracy while only requiring a fraction of the training data.Comment: MICCAI 2017 Proceeding

Data Analytics in Higher Education: Key Concerns and Open Questions

“Big Data” and data analytics affect all of us. Data collection, analysis, and use on a large scale is an important and growing part of commerce, governance, communication, law enforcement, security, finance, medicine, and research. And the theme of this symposium, “Individual and Informational Privacy in the Age of Big Data,” is expansive; we could have long and fruitful discussions about practices, laws, and concerns in any of these domains. But a big part of the audience for this symposium is students and faculty in higher education institutions (HEIs), and the subject of this paper is data analytics in our own backyards. Higher education learning analytics (LA) is something that most of us involved in this symposium are familiar with. Students have encountered LA in their courses, in their interactions with their law school or with their undergraduate institutions, instructors use systems that collect information about their students, and administrators use information to help understand and steer their institutions. More importantly, though, data analytics in higher education is something that those of us participating in the symposium can actually control. Students can put pressure on administrators, and faculty often participate in university governance. Moreover, the systems in place in HEIs are more easily comprehensible to many of us because we work with them on a day-to-day basis. Students use systems as part of their course work, in their residences, in their libraries, and elsewhere. Faculty deploy course management systems (CMS) such as Desire2Learn, Moodle, Blackboard, and Canvas to structure their courses, and administrators use information gleaned from analytics systems to make operational decisions. If we (the participants in the symposium) indeed care about Individual and Informational Privacy in the Age of Big Data, the topic of this paper is a pretty good place to hone our thinking and put into practice our ideas

Evolution to Big Data Analytics Techniques and Challenging Issues in Data Mining With Big Data

Big Data is another term used to recognize the datasets that because of their enormous size and multifaceted nature. Big Data are currently quickly growing in all science and engineering domains, including physical, natural and biomedical sciences. Big Data mining is the capacity of separating helpful information from these huge datasets or floods of data, that because of its volume, changeability, and velocity, it was impractical before to do it. The Big Data challenge is getting one of the most energizing open doors for the following years. In the present time of digitization, we take a shot at the variety of data. Colossal measure of data will be prepared by Google, Microsoft and Amazon. Regular routine these organization prepared huge measure of data. In such way we have to require some approach to adjust the innovation in with the end goal that every one of the data will be prepared adequately. Big Data is a developing concept that depicts imaginative systems and innovations to break down enormous volume of complex datasets that are exponentially produced from different sources and with different rates. Data mining procedures are giving extraordinary guide in the region of Big Data examination, since managing Big Data are big difficulties for the applications. Big Data examination is the capacity of removing valuable information from such colossal datasets. This paper exhibits a writing survey that incorporate the significance, difficulties and applications of Big Data in different fields and the various methodologies utilized for Big Data Analysis utilizing Data Mining procedures. The discoveries of this audit give important information to the analysts about the primary patterns in research and examination of Big Data utilizing diverse investigation domains. This examination paper incorporates the information about what is big data, Data mining, Data mining with big data, Challenging issues and its related work