scholarly journals Real Time Enterprise as a Platform of Support Management Systems

2021 ◽  
Vol 13 (1) ◽  
pp. 7-20
Author(s):  
Jerzy Kisielnicki ◽  
Marek Michal Markowski
Keyword(s):  
Information Processing ◽  
Real Time ◽  
Success Factors ◽  
Business Processes ◽  
Business Partners ◽  
It Systems ◽  
Design Activities ◽  
Technology Market ◽  
Real Time Information ◽  
Time Information

Abstract The current, fast market changes require enterprises to dynamically adapt the way they conduct their business. This poses many challenges for information technology. Market requirements for immediate response to business changes became the basis of the idea of a real-time information processing (RTE) company. RTE provides real-time information to employees and business partners. Integrated IT systems supporting management constitute a common platform – the foundation of a real-time enterprise. The aim of the article is to present the basic problems of building an IT system that is the basis of a real-time information processing (RTE) company. It is a summary of our work on this type of system. The article justifies the thesis about the need to build a system for the RTE’s requirements and the conditions of its implementation. Such a system is designed to provide employees and business partners with the information they need in real time. The use of integrated systems such as ERP, CRM, SCM, and so on provides the ability to implement the main business processes of a real-time enterprise. The article presents both literature analysis and the characteristics of own work on designing IT systems for RTE. Particular attention was paid to the analysis of success factors (determinants) in system design and the use of MUST methodology (MUST is a Danish acronym for theories of and methods for design activities). The final part of the article presents a proposal for further work on IT systems for RTE in the context of existing trends such as DARQ technology (Distributed Ledger, Artificial Intelligence, Extended Reality, Quantum computing).

Organizations Operating in Real Time (Real-Time Enterprise) and the Role of IT as a Tool Supporting Their Management Systems

2021 ◽  
pp. 582-596
Author(s):  
Jerzy Kisielnicki ◽  
Marek Michal Markowski
Keyword(s):  
Real Time ◽  
Business Processes ◽  
Business Partners ◽  
It Systems ◽  
Business Changes ◽  
Role Of It ◽  
Real Time Information ◽  
A Company ◽  
Time Information

Constant changes in the market and increased competition make it necessary to dynamically adapt the way of running a business. The pressure of constant changes implies the emergence of requirements for information technology, which is the basic tool for information processing in organizations. The necessity of immediate reaction to business changes, reduction of time of business processes realization, immediate retrieval of information and its sharing, became the foundation of the idea of a company processing real-time information (Real Time Enterprise, RTE). RTE provides real-time information to employees, customers, suppliers, and other business partners, ensuring timeliness and consistency across all IT systems. The possibilities of RTE implementation thus become an important element of the IT operation and the entire enterprise. It seems to be advisable to find determinants of designing a proper IT system supporting the operation of an enterprise that processes information in real time (RTE).

Software synthesis for real-time information processing systems

1995 ◽  
Vol 30 (11) ◽  
pp. 60-69
Author(s):  
Filip Thoen ◽  
Marco Cornero ◽  
Gert Goossens ◽  
Hugo De Man
Keyword(s):  
Information Processing ◽  
Real Time ◽  
Software Synthesis ◽  
Real Time Information ◽  
Time Information

The Evaluation of Business Performance in ERP Environments

2018 ◽  
pp. 633-641
Author(s):  
Vicky Manthou ◽  
Constantinos J. Stefanou ◽  
Kalliopi Tigka
Keyword(s):  
Literature Review ◽  
Real Time ◽  
Business Performance ◽  
Business Processes ◽  
Extensive Literature ◽  
Erp Systems ◽  
Performance Dimensions ◽  
Real Time Information ◽  
Time Information

ERP systems, supporting and integrating all business processes across functions and offering real time information necessary for taking actions and making decisions, have prevailed in most enterprises worldwide. The costs involved in ERP implementations may be huge and must be justified by the outcomes. However, extant research has reported mixed and in some cases controversial results. In this chapter, certain important dimensions of ERP systems and of business performance are discussed. The chapter has an educational focus and aims at providing an exploration of ERP system's impact on certain business performance dimensions, informing thus scholars, practitioners and students of the issues involved and the areas they should pay attention when considering ERP implementations. Following an extensive literature review, a classification of diverse studies according to their research focus is provided, which reveals the range of business performance dimensions and can help researchers in their future projects.

The Evaluation of Business Performance in ERP Environments

2016 ◽  
pp. 88-96
Author(s):  
Vicky Manthou ◽  
Constantinos J. Stefanou ◽  
Kalliopi Tigka
Keyword(s):  
Literature Review ◽  
Real Time ◽  
Business Performance ◽  
Business Processes ◽  
Extensive Literature ◽  
Erp Systems ◽  
Performance Dimensions ◽  
Real Time Information ◽  
Time Information

ERP systems, supporting and integrating all business processes across functions and offering real time information necessary for taking actions and making decisions, have prevailed in most enterprises worldwide. The costs involved in ERP implementations may be huge and must be justified by the outcomes. However, extant research has reported mixed and in some cases controversial results. In this chapter, certain important dimensions of ERP systems and of business performance are discussed. The chapter has an educational focus and aims at providing an exploration of ERP system's impact on certain business performance dimensions, informing thus scholars, practitioners and students of the issues involved and the areas they should pay attention when considering ERP implementations. Following an extensive literature review, a classification of diverse studies according to their research focus is provided, which reveals the range of business performance dimensions and can help researchers in their future projects.

scholarly journals Information rate in humans during visuomotor tracking

2020 ◽  
Author(s):  
Sze-Ying Lam ◽  
Alexandre Zénon
Keyword(s):  
Information Processing ◽  
Real Time ◽  
Information Transfer ◽  
Cognitive Effort ◽  
Information Rate ◽  
Processing Rate ◽  
Total Information ◽  
Real Time Information ◽  
Choice Tasks ◽  
Time Information

AbstractWhile previous studies of human information rate focused primarily on discrete forced-choice tasks, we extend the scope of the investigation to the framework of sensorimotor tracking of continuous signals. We show how considering information transfer in this context sheds new light on the problem; crucially, such an analysis requires one to consider and carefully disentangle the effects due to real-time information processing of surprising inputs (feedback component) from the contribution to performance due to prediction (feedforward component). We argue that only the former constitutes a faithful representation of the true information processing rate. We provide information-theoretic measures which separately quantify these components and show that they correspond to a decomposition of the total information shared between target and tracking signals. We employ a linear quadratic regulator model to provide evidence for the validity of the measures, as well as of the estimator of visual-motor delay (VMD) from experimental data, instrumental to compute them in practice. On experimental tracking data, we show that the contribution of prediction as computed by the feedforward measure increases with the predictability of the signal, confirming previous findings. Importantly, we further find the feedback component to be modulated by task difficulty, with higher information transmission rates observed with noisier signals. Such opposite trends between feedback and feedforward point to a tradeoff of cognitive resources/effort and performance gain.Author summaryPrevious investigations concluded that the human brain’s information processing rate remains fundamentally constant, irrespective of task demands. However, their conclusion rested in analyses of simple discrete-choice tasks. The present contribution recasts the question of human information rate within the context of visuomotor tasks, which provides a more ecologically relevant arena, albeit a more complex one. We argue that, while predictable aspects of inputs can be encoded virtually free of charge, real-time information transfer should be identified with the processing of surprises. We formalise this intuition by deriving from first principles a decomposition of the total information shared by inputs and outputs into a feedforward, predictive component and a feedback, error-correcting component. We find that the information measured by the feedback component, a proxy for the brain’s information processing rate, scales with the difficulty of the task at hand, in agreement with cost-benefit models of cognitive effort.

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