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Economic Evaluation of Cloud Computing Investment Alternatives (클라우드 컴퓨팅 투자안의 경제성 평가)

  • Kim, Tae-Ha;Yang, Ji-Youn;Yang, Hee-Dong
    • Journal of Korea Society of Industrial Information Systems
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    • v.16 no.3
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    • pp.121-135
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    • 2011
  • We provide an economic evaluation model to help managers make reasonable decision for the investment in the appropriate type of cloud computing. Cloud computing can be classified into public, private and hybrid architecture and we evaluate their attractiveness using traditional NPV and real option methods. We conduct economic analysis by comparing traditional software delivery model with various types of cloud computing. The work compares each mode of cloud computing against each other using passive NPV and dynamic real-option method. For more objective and conservative evaluation of investment alternatives, we eliminate conventional benefits that are often subjective or hard to measure, and count only the reduction of investment cost and maintenance cost as benefit. We argue that hybrid and public cloud computing can be undervalued without their intrinsic options such as abandonment, expansion and contraction.

Models for Technology Evolution Path Creation Based on Citation Tree to Investigate Technology Opportunity Discovery (기술기회발굴을 위한 문서인용기반 기술진화 경로 생성 모형)

  • Lee, Jae-Min;Lee, Bangrae;Moon, Yeong-Ho;Kwon, Oh-Jin
    • Journal of Korea Technology Innovation Society
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    • v.14 no.spc
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    • pp.1152-1170
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    • 2011
  • We selected core documents from enormous number of documents by analyzing citation relation of papers or patents including direct citation and indirect citation. Then we tried to creat the technology evolution path from citation network tree. By applying the method to the patent DB of OLED (Organic Light Emitting Diode), we obtained genealogical citation network of core patents of OLED. We analyzed how the one of OLED technology was transferred to the semiconductor related technology and we named the process of transition as 'technology evolution path' of OLED technology. And we also analyzed the genealogical citation network of papers on graphene. From the analysis, we found that the weight count method including indirect citation was better in evaluating the value of technology of a paper than the times cited method.

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Software Size Measurement from Information Strategy Planning With the Function Point Method (정보전략계획 단계에서의 정보시스템 규모 예측:기능점수모형을 중심으로)

  • Bae, Joon-Soo;Jung, Jae-Yoon
    • The Journal of Society for e-Business Studies
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    • v.14 no.3
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    • pp.153-168
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    • 2009
  • Many companies and governments perform information technology (IT) projections repeatedly for higher competitiveness and efficiency. Moreover, as the sizes of IT projects increase, the manpower and cost estimation of the projects are getting more important. In this research, we present a size estimation method of information system development projects on the basis of the function point method at the stage of information strategy planning(ISP), and illustrate the size calculation of an example IT project. According to the method, we first identify the types of projects, the scope and boundaries of size estimation, then count data and transaction functions from the artifacts of the ISP project. The unadjusted function points are adjusted to function point by the table of the Early Function Point. The way of calculating the sizes of IT projects will support successful IT projects by estimating reasonable manpower and cost for the projects.

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Feasibility Analysis of Exploring Underground Utilities Using Muon (뮤온 입자를 활용한 지하매설물 탐사 가능성 분석)

  • Seo, Seunghwan;Chung, Moonkyung;Kwak, Kiseok;Kang, Jae Mo
    • Journal of the Korean Geotechnical Society
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    • v.38 no.11
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    • pp.137-147
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    • 2022
  • Various geophysical exploration methods are used to determine the exact location of underground utilities, and many studies have been performed to improve the accuracy. This study analyzed the feasibility of exploring underground utilities through a new exploration method using cosmic ray muon. A prototype of a portable muon detector was manufactured by combining a scintillator and a silicon photomultiplier. Further, a calibration operation was performed on the muon count rate. The ground thickness of the ground model was measured using the muon detector prototype, where the value could be estimated with an error of about 3%, close to the actual. In addition, the theoretical basis for tomography analysis technology was analyzed to utilize the muon detector for exploring underground utilities, and a zenith angle correction method was presented. This study revealed that the technology of exploration using muon can analyze density with high resolution and will be used for exploring underground utilities.

A Ppoisson Regression Aanlysis of Physician Visits (외래이용빈도 분석의 모형과 기법)

  • 이영조;한달선;배상수
    • Health Policy and Management
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    • v.3 no.2
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    • pp.159-176
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    • 1993
  • The utilization of outpatient care services involves two steps of sequential decisions. The first step decision is about whether to initiate the utilization and the second one is about how many more visits to make after the initiation. Presumably, the initiation decision is largely made by the patient and his or her family, while the number of additional visits is decided under a strong influence of the physician. Implication is that the analysis of the outpatient care utilization requires to specify each of the two decisions underlying the utilization as a distinct stochastic process. This paper is concerned with the number of physician visits, which is, by definition, a discrete variable that can take only non-negative integer values. Since the initial visit is considered in the analysis of whether or not having made any physician visit, the focus on the number of visits made in addition to the initial one must be enough. The number of additional visits, being a kind of count data, could be assumed to exhibit a Poisson distribution. However, it is likely that the distribution is over dispersed since the number of physician visits tends to cluster around a few values but still vary widely. A recently reported study of outpatient care utilization employed an analysis based upon the assumption of a negative binomial distribution which is a type of overdispersed Poisson distribution. But there is an indication that the use of Poisson distribution making adjustments for over-dispersion results in less loss of efficiency in parameter estimation compared to the use of a certain type of distribution like a negative binomial distribution. An analysis of the data for outpatient care utilization was performed focusing on an assessment of appropriateness of available techniques. The data used in the analysis were collected by a community survey in Hwachon Gun, Kangwon Do in 1990. It was observed that a Poisson regression with adjustments for over-dispersion is superior to either an ordinary regression or a Poisson regression without adjustments oor over-dispersion. In conclusion, it seems the most approprite to assume that the number of physician visits made in addition to the initial visist exhibits an overdispersed Poisson distribution when outpatient care utilization is studied based upon a model which embodies the two-part character of the decision process uderlying the utilization.

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An Analysis of Factors Influencing on Temple Foods (사찰음식에 대한 수요영향요인 분석 - 템플스테이 참가자를 대상으로 -)

  • Kim, Yong-Moon;Park, Ki-Oh
    • Culinary science and hospitality research
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    • v.22 no.3
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    • pp.240-253
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    • 2016
  • The purpose of this study is to predict factors influencing participant demand for the temple stays and to help find alternatives for temple stay marketing strategies. Specifically, the study sought to examine input variables on the visit frequency of temple visitors who partook in temple food. Research subjects were temple stay participants with experience with temple food. Through convenience sampling method, 300 self-administered questionnaires were distributed to participants at 4 temple stays in Seoul. Of the 278 questionnaires collected, 232 (83%) were used for research analysis. Given that the requirement that proper model for analysing the collected data be applied, the Truncated Negative Binomial(TNB) Poisson model, which is useful for analysing count data that are truncated at '0' and overcrowded with a certain value, was selected fort his study. Study results found that, for temple stay food revitalization, the most crucial item for temple food proponents to recognize is natural food ingredients. The degree of affection was higher among respondents over 40 years of groups and with incomes over 40 million won or more than others. In addition, unmarried and male were higher than married and female, and the Christian population in the temple food demand higher impact than Shamanism community. This match should be a priority to establish an in-depth public relations policy of targeted marketing of consumers according to various demographic characteristics. Active and aggressive efforts to expand food inspection are required to promote the healthy image of the temple food to the fragmentation of consumer marketing hierarchy.

Relationship Between the Technology Innovation Performance of IT Venture Business and CEO Characteristics (기술혁신 성과와 경영자 특성에 관한 연구: IT벤처기업을 중심으로)

  • Park, Jae-Min;Kim, Hyo-Young
    • Journal of Digital Convergence
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    • v.9 no.6
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    • pp.173-186
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    • 2011
  • In this study, the influence of the CEOs' characteristics on the technology innovation performances of IT venture companies was analyzed. The relation between business performance and the characteristics of CEOs has been dealt with in earlier studies, but most paid attention to financial perspective, and few of these focused on the influence of managers on technology innovation. On the other hand, most of the studies related to the role of managers in technology innovation mainly focused on R&D investment and research infrastructure but did not delve on the characteristics of them in an in-depth way. In this study, the characteristics of CEOs and their technology innovation performances were empirically analyzed based on the results of a recently conducted survey on the IT venture companies. In the analytical aspect, a negative binominal model was applied to solve the over-dispersion problem that often appears in the count variable analysis. As a result, it was found that major, work type, and work experience, among managers' characteristics, have significant influences on managers' technology innovation performances, along with the company's innovation capacity, technological competitiveness, market competition, and support from the government.

Impact of Semantic Characteristics on Perceived Helpfulness of Online Reviews (온라인 상품평의 내용적 특성이 소비자의 인지된 유용성에 미치는 영향)

  • Park, Yoon-Joo;Kim, Kyoung-jae
    • Journal of Intelligence and Information Systems
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    • v.23 no.3
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    • pp.29-44
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    • 2017
  • In Internet commerce, consumers are heavily influenced by product reviews written by other users who have already purchased the product. However, as the product reviews accumulate, it takes a lot of time and effort for consumers to individually check the massive number of product reviews. Moreover, product reviews that are written carelessly actually inconvenience consumers. Thus many online vendors provide mechanisms to identify reviews that customers perceive as most helpful (Cao et al. 2011; Mudambi and Schuff 2010). For example, some online retailers, such as Amazon.com and TripAdvisor, allow users to rate the helpfulness of each review, and use this feedback information to rank and re-order them. However, many reviews have only a few feedbacks or no feedback at all, thus making it hard to identify their helpfulness. Also, it takes time to accumulate feedbacks, thus the newly authored reviews do not have enough ones. For example, only 20% of the reviews in Amazon Review Dataset (Mcauley and Leskovec, 2013) have more than 5 reviews (Yan et al, 2014). The purpose of this study is to analyze the factors affecting the usefulness of online product reviews and to derive a forecasting model that selectively provides product reviews that can be helpful to consumers. In order to do this, we extracted the various linguistic, psychological, and perceptual elements included in product reviews by using text-mining techniques and identifying the determinants among these elements that affect the usability of product reviews. In particular, considering that the characteristics of the product reviews and determinants of usability for apparel products (which are experiential products) and electronic products (which are search goods) can differ, the characteristics of the product reviews were compared within each product group and the determinants were established for each. This study used 7,498 apparel product reviews and 106,962 electronic product reviews from Amazon.com. In order to understand a review text, we first extract linguistic and psychological characteristics from review texts such as a word count, the level of emotional tone and analytical thinking embedded in review text using widely adopted text analysis software LIWC (Linguistic Inquiry and Word Count). After then, we explore the descriptive statistics of review text for each category and statistically compare their differences using t-test. Lastly, we regression analysis using the data mining software RapidMiner to find out determinant factors. As a result of comparing and analyzing product review characteristics of electronic products and apparel products, it was found that reviewers used more words as well as longer sentences when writing product reviews for electronic products. As for the content characteristics of the product reviews, it was found that these reviews included many analytic words, carried more clout, and related to the cognitive processes (CogProc) more so than the apparel product reviews, in addition to including many words expressing negative emotions (NegEmo). On the other hand, the apparel product reviews included more personal, authentic, positive emotions (PosEmo) and perceptual processes (Percept) compared to the electronic product reviews. Next, we analyzed the determinants toward the usefulness of the product reviews between the two product groups. As a result, it was found that product reviews with high product ratings from reviewers in both product groups that were perceived as being useful contained a larger number of total words, many expressions involving perceptual processes, and fewer negative emotions. In addition, apparel product reviews with a large number of comparative expressions, a low expertise index, and concise content with fewer words in each sentence were perceived to be useful. In the case of electronic product reviews, those that were analytical with a high expertise index, along with containing many authentic expressions, cognitive processes, and positive emotions (PosEmo) were perceived to be useful. These findings are expected to help consumers effectively identify useful product reviews in the future.

Deciphering the Genetic Code in the RNA Tie Club: Observations on Multidisciplinary Research and a Common Research Agenda (RNA 타이 클럽의 유전암호 해독 연구: 다학제 협동연구와 공동의 연구의제에 관한 고찰)

  • Kim, Bong-kook
    • Journal of Science and Technology Studies
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    • v.17 no.1
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    • pp.71-115
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    • 2017
  • In 1953, theoretical physicist George Gamow attempted to explain the process of protein synthesis by hypothesizing that the base sequence of DNA encodes a protein's amino acid sequence and, in response, proposed the nucleic acid-protein information transfer model, which he dubbed the "diamond code." After expressing interest in discussing the daring hypothesis, contemporary biologists, including James Watson, Francis Crick, Sydney Brenner, and Gunther Stent, were soon invited to join the RNA Tie Club, an informal research group that would also count biologists and various researchers in physics, mathematics, and computer engineering among its members. In examining the club's formation, growth, and decline in multidisciplinary research on deciphering the genetic code in the 1950s, this paper first investigates whether Gamow's idiosyncratic approach could be adopted as a collaborative research forum among contemporary biologists. Second, it explores how the RNA Tie Club's research agenda could have been expanded to other relevant research topics needing multidisciplinary approach? Third, it asks why and how the RNA Tie Club dissolved in the late 1950s. In answering those questions, this paper shows that analyses on the intersymbol correlation of the overlapping code functioned to integrate diverse approaches, including sequence decoding and statistical analysis, in research on the genetic code. As those analyses reveal, the peculiar approaches of the RNA Tie Club could be regarded as a useful method for biological research. The paper also concludes that the RNA Tie Club dissolved in the late 1950s due to the disappearance of the collaborative research agenda when the overlapping code hypothesis was abandoned.

Optimal Congestion Charges in General Equilibrium (일반균형에서 최적 혼잡통행료)

  • 문동주
    • Journal of Korean Society of Transportation
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    • v.18 no.2
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    • pp.91-101
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    • 2000
  • The optimal congestion charge in transportation economics corresponds to the solution to the welfare maximization Problem for users of a certain road link where congestion takes Place. This congestion charge is in nature the optimal Price of the transportation facility, which is derived by the Partial equilibrium analysis on that facility. Therefore it is not certain that this congestion charge can maximize the well-being of all the users of the total transportation network, since the analysis does not count the impact of the congestion charge on traffic volumes of other links. This study suggests an alternative approach to estimate the optimal congestion charge. The key difference of this study from Previous ones is to derive the solution through the general equilibrium analysis on a market where several transportation facilities as well as Private goods are available to consumers. This approach shows a set of solutions a little different from the Previous one, which are explained below. The optimal congestion charge is derived for two different cases. One is the situation of which the congestion charge is levied on every transportation facility In this case, the optimal solution of each facility should equate the marginal utility of every user to the marginal cost of the corresponding facility. This analysis result in general equilibrium coincides with the Previous analysis result in partial equilibrium. However this result cannot apply to another case of which the charge is imposed only on a certain transportation facility. In this case, the optimal charge on a certain transportation facility should be less than the optimal congestion charge of partial equilibrium analysis.

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