• Title/Summary/Keyword: New Business Models

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Network-centric CAD

  • Lee, Jae-Yeol;Kim, Hyun;Lee, Joo-Haeng;Do, Nam-Chul;Kim, Hyung-Sun
    • Proceedings of the CALSEC Conference
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    • 2001.08a
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    • pp.615-624
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    • 2001
  • Internet technology opens up another domain for building future CAD/CAM environment. The environment will be global, network-centric, and spatially distributed. In this paper, we present a new approach to network-centric virtual prototyping (NetVP) in a distributed design environment. The presented approach combines the current virtual assembly modeling and analysis technique with distributed computing and communication technology fur supporting virtual prototyping activities over the network. This paper focuses on interoperability, shape representation, and geometric processing for distributed virtual prototyping. STEP standard and CORBA-based interfaces allow the bi-directional communication between the CAD model and virtual prototyping model, which makes it possible to solve the problems of interoperability, heterogeneity of platforms, and data sharing. STEP AP203 and AP214 are utilized as a means of transferring and sharing product models. In addition, Attributed Abstracted B-rep (AAB) is introduced as 3D shape abstraction for transparent and efficient transmission of 3D models and for the maintenance of naming consistency between CAD models and virtual prototyping models over the network.

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Prospects and Challenges of Social Media Marketing: Study of Indian Management Institutes

  • Bhandari, Ravneet Singh;Bansal, Sanjeev
    • Asian Journal of Business Environment
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    • v.8 no.4
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    • pp.5-15
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    • 2018
  • Purpose - The research aimed to reveal real decisional behavioral of management institutes in India for social media marketing usage, and analyses of empirical elements of social media consumption pattern. Research design, data, and methodology - The investigation was based around a research methodology using quantitative analysis with appropriate statistical techniques on random surveys of consumers, detailed exploratory and confirmatory factor analyses are applied to assess the empirical validity of the model and multiple regression employed using R studio edition to validate the reliability of the developed models. Results - A new conceptual framework is proposed - the management institutions decision model, providing a tool for effective and more focused decision-making strategies for developing better utilization techniques for social media. Management institutions have different requirements based upon objectives and resources available. The evidence suggests that the administrators need to be more aware of consumer indicators when targeting and designing social media marketing strategy. Conclusions - The research was based on samples and not the entire population of target consumers, providing limitations. As an inferential statistical method was chosen, the results might be susceptible to inaccuracy. The model developed from different age users, thereby providing rich perspectives into social media usage pattern.

Modeling and Forecasting Saudi Stock Market Volatility Using Wavelet Methods

  • ALSHAMMARI, Tariq S.;ISMAIL, Mohd T.;AL-WADI, Sadam;SALEH, Mohammad H.;JABER, Jamil J.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.83-93
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    • 2020
  • This empirical research aims to modeling and improving the forecasting accuracy of the volatility pattern by employing the Saudi Arabia stock market (Tadawul)by studying daily closed price index data from October 2011 to December 2019 with a number of observations being 2048. In order to achieve significant results, this study employs many mathematical functions which are non-linear spectral model Maximum overlapping Discrete Wavelet Transform (MODWT) based on the best localized function (Bl14), autoregressive integrated moving average (ARIMA) model and generalized autoregressive conditional heteroskedasticity (GARCH) models. Therefore, the major findings of this study show that all the previous events during the mentioned period of time will be explained and a new forecasting model will be suggested by combining the best MODWT function (Bl14 function) and the fitted GARCH model. Therefore, the results show that the ability of MODWT in decomposition the stock market data, highlighting the significant events which have the most highly volatile data and improving the forecasting accuracy will be showed based on some mathematical criteria such as Mean Absolute Percentage Error (MAPE), Mean Absolute Scaled Error (MASE), Root Means Squared Error (RMSE), Akaike information criterion. These results will be implemented using MATLAB software and R- software.

ITSM Appliance for Managing SOA Service Level (SOA(Service Oriented Architecture) 서비스 수준 관리를 위한 ITSM 적용 방안)

  • Lee, Young-Kon
    • The Journal of Society for e-Business Studies
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    • v.12 no.2
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    • pp.135-153
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    • 2007
  • As a system integration framework, the role of SOA(Service Oriented Architecture) is widening and increasing day by day. The SOA framework enables software applications or computing resources to integrate flexibly and to provide more various business models. But, it is strongly required of SOA service level management for applying SOA in real business world. In this respect, we need a study on method for managing SOA system for keeping higher quality of SOA. This paper provides a new management method for SOA service level by analyzing quality factors in Web services, as SOA implementation, and negotiation/contract according to SLA methodology.

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Application of Neural Network for Long-Term Correction of Wind Data

  • Vaas, Franz;Kim, Hyun-Goo
    • New & Renewable Energy
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    • v.4 no.4
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    • pp.23-29
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    • 2008
  • Wind farm development project contains high business risks because that a wind farm, which is to be operating for 20 years, has to be designed and assessed only relying on a year or little more in-situ wind data. Accordingly, long-term correction of short-term measurement data is one of most important process in wind resource assessment for project feasibility investigation. This paper shows comparison of general Measure-Correlate-Prediction models and neural network, and presents new method using neural network for increasing prediction accuracy by accommodating multiple reference data. The proposed method would be interim step to complete long-term correction methodology for Korea, complicated Monsoon country where seasonal and diurnal variation of local meteorology is very wide.

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Mathematical Programming Approaches to GT Cell Formation: A Comparative Study

  • 원유경
    • Korean Management Science Review
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    • v.16 no.2
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    • pp.137-147
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    • 1999
  • This paper compares and evaluates the performances of the two types of mathematical programming models for solving the machine-part cell formation problem in group technology manufacturing : indirect formulation relying on surrogate measure such as similarity coefficient and direct formulation seeking to minimize the number of exceptional elements. New indirect formulation, called the generalized {{{{ { p}_{ } }}-median model. is proposed. Unlike existing {{{{ { p}_{ } }}-median formulations, proposed formulation includes the classical cell formation problem in which only one process plan exsits for each part as a special case. The proposed new formulation can also deal with the cell formation problem in which alternative process plans exist for a part. The indirect formulation is compared with a new direct formulation which needs much fewer extra variables and constraints than existing direct formulations. Some significant findings from comparative experiment are discussed.

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A study on the diversification in revenue sources for Incheon International Airport Based on other airports in the foreign countries (인천국제공항의 수익원 다양화 방안에 관한 연구 - 해외 공항의 사례를 바탕으로 -)

  • Kwon, Tae-Hoon;Kim, Kee-Woong
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.17 no.4
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    • pp.63-69
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    • 2009
  • Incheon International Airport as the gateway to Korea is having the happiest time with those honorable prizes. But in these days, the trend of aviation is changing rapidly, so many rival airports in the world as well as north-east asian countries are rushing to find new revenue sources not to be turned over. Hence Incheon International Airport should push into fresh fields or create new sources of business keeping innovation by making foreign airports its role model. This study brings up some new profit models of foreign airports; Malaysia's Kuala Lumpur International Airport, China's Xiamen Aviation Industry Zone, German's Frankfurt Fraport Airports Group. This study analyzes the status of listed airports and presents strategies after investigating whether they are suitable for and compatible to Incheon International Airport.

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Review on Software-Defined Vehicular Networks (SDVN)

  • Mohammed, Badiea Abdulkarem
    • International Journal of Computer Science & Network Security
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    • v.22 no.9
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    • pp.376-388
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    • 2022
  • The expansion of new applications and business models is being significantly fueled by the development of Fifth Generation (5G) networks, which are becoming more widely accessible. The creation of the newest intelligent vehicular networks and applications is made possible by the use of Vehicular Ad hoc Networks (VANETs) and Software Defined Networking (SDN). Researchers have been concentrating on the integration of SDN and VANET in recent years, and they have examined a variety of issues connected to the architecture, the advantages of software-defined VANET services, and the new features that can be added to them. However, the overall architecture's security and robustness are still in doubt and have received little attention. Furthermore, new security threats and vulnerabilities are brought about by the deployment and integration of novel entities and a number of architectural components. In this study, we comprehensively examine the good and negative effects of the most recent SDN-enabled vehicular network topologies, focusing on security and privacy. We examine various security flaws and attacks based on the existing SDVN architecture. Finally, a thorough discussion of the unresolved concerns and potential future study directions is provided.

Software-Defined Vehicular Networks (SDVN)

  • Al-Mekhlafi, Zeyad Ghaleb
    • International Journal of Computer Science & Network Security
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    • v.22 no.9
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    • pp.231-243
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    • 2022
  • The expansion of new applications and business models is being significantly fueled by the development of Fifth Generation (5G) networks, which are becoming more widely accessible. The creation of the newest intelligent vehicular net- works and applications is made possible by the use of Vehicular Ad hoc Networks (VANETs) and Software Defined Networking (SDN). Researchers have been concentrating on the integration of SDN and VANET in recent years, and they have examined a variety of issues connected to the architecture, the advantages of software defined VANET services, and the new features that can be added to them. However, the overall architecture's security and robustness are still in doubt and have received little attention. Furthermore, new security threats and vulnerabilities are brought about by the deployment and integration of novel entities and several architectural components. In this study, we comprehensively examine the good and negative effects of the most recent SDN-enabled vehicular network topologies, focusing on security and privacy. We examine various security flaws and attacks based on the existing SDVN architecture. Finally, a thorough discussion of the unresolved concerns and potential future study directions is provided.

Business Model and Floral Distribution Service Strategy for Creating New Value on Internet Environment - ROSEWeb Solution Case - (인터넷 환경에서 새로운 가치 창조를 위한 비즈니스 모델과 화훼 유통 서비스 전략 - ROSEWeb 솔루션 사례 -)

  • Lee, Seung-chang;Ahn, Sung-hyuck
    • Journal of Distribution Science
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    • v.7 no.1
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    • pp.5-34
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    • 2009
  • This article describes a business case of ROSEWeb, a floral distribution service by internet of Newrun System Company. Newrun System is one of the floral distribution IT solution company. The purpose of this case study is to find out which factors of ROSEWeb solution of successful business model and internet distribution strategy that plays an important role as the floral distribution IT service. ROSEWeb has experienced many challenging obstacles while they prepare for this floral distribution IT service. This case study has found that Newrun System Company execute the rapidly transformation of business model to cope with changing situation. Specially, so far, ROSEWeb continuously keep on competitive advantage as floral distribution IT service through building core competence. this study shows that ROSEWeb's case broadly apply reference model to the building business model and formulating floral distribution service strategy and other internet business models. Finally, we intends to discuss about theses questions. the question is "by the existing state of entering Internet portal(Yahoo, Naver, Daum), Can ROSEWeb have sustainable competitive advantage in floral distribution service?", and "what is Newrun System's next business model?". Through the intensive interviews with people involved in the development of ROSEWeb, this article provides important implications to the business community who is preparing for new applications for mobile internet.

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