Modern Management based on Big Data I

Book excerpt: The management of any modern organisation involves data, but the volume of information has become almost impossible for even the most up-to-date computer system to handle. Fortunately, big-data technologies are now enabling new ways of dealing with the flood of information, making an approximate solution possible in a reasonable time-frame, as an alternative to waiting for an exact result taking much longer. This book contains the 17 papers presented at the inaugural conference of the new series: Modern Management based on Big Data (MMBD 2020). The conference was originally scheduled to be held in Beijing, China, but due to measures to prevent the spread of the COVID-19 pandemic, the conference was held online from 18-21 October 2020. As its name suggests, the conference covers the connected aspects of Big Data and Modern Management, and the 17 papers included here, accepted from a total of 68 submissions, cover topics including data capture and storage; search, sharing and analytics; data visualization; machine learning algorithms for big data; distributed file systems and databases; management strategy and decision making; manufacturing and logistics systems; total quality management; management information systems; human factor engineering; and human resources. Providing an overview of current developments in modern management based on Big Data, the book will be of interest to all those working in the field.