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Software agents and decision support
105-125Views:114The results of artificial intelligence research are playing an increasingly important role in decision support and economic modelling computer systems, so are software agents whose application is present in almost any field of information technology. The agent is an autonomous "subsystem" which monitors its environment through its sensors and makes changes to it with its intervening organs, it is capable of adapting to its environment, and by using this knowledge it is able to make alteration to its plans or actions to improve them. The application of agents may lead to resounding results in economic modelling as well. The study outlines the characteristics of decision making which are important as regards the assessment of agents as well as the major features of software agents and their possible economic applications.
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Business Intelligence from a Strategic Perspective
49-70Views:432Business Intelligence is one of the fastest growing sectors of corporate informatics today. The study describes the history of the related approaches, models and applications, starting from the beginning of the last century. The most important growth engines are highlighted and the strategic role of business intelligence is explained in detail. Both the supply and the demand side of the BI market are analysed and key developments and trends are explained. Special attention is paid to explaining and modelling the intensive acquisition activity of the recent past, and to the potential consequences of the growing need for integration. New market and technology trends changing the application landscape are analysed at the end.
Journal of Economic Literature (JEL) classification: M10, M15, M40