Alessio Faccia, Luigi Pio Leonardo Cavaliere, Pythagoras Petratos and Narcisa Roxana Mosteanu 2022. Unstructured Over Structured, Big Data Analytics and Applications In Accounting and Management. ICCBDC 2022: 2022 6th International Conference on Cloud and Big Data Computing. Birmingham, United Kingdom 18 - 20 Aug 2022 Association for Computing Machinery (ACM). https://doi.org/10.1145/3555962.3555969
| Title | Unstructured Over Structured, Big Data Analytics and Applications In Accounting and Management |
|---|---|
| Authors | Alessio Faccia, Luigi Pio Leonardo Cavaliere, Pythagoras Petratos and Narcisa Roxana Mosteanu |
| Type | Conference paper |
| Abstract | Generating value from big data is a task that requires models’ preparation and use of advanced technologies but which, above all, is based on the ability to extract, manage and analyse data. These processes’ effectiveness depends on the data's quality and their structured or unstructured nature. We are witnessing a growing number of applications based on unstructured data mining in the accounting and management fields. This research aims to demonstrating that despite the traditional association between accounting and quantitative analyses (expected to be based mainly on structured financial data). The findings show that several useful applications now rely on unstructured data in this field. A basic analysis of the cybersecurity risks is also presented, along with mitigating strategies to allow companies to comply with current regulations such as the GDPR. The result might appear surprising from the business perspective, but it is not from a data science perspective. In conclusion the growing number of unsctructured data business applications should orientate a better understanding of their potential and target better training of finance specialist on data processing skills. |
| Year | 2022 |
| Conference | ICCBDC 2022: 2022 6th International Conference on Cloud and Big Data Computing |
| Publisher | Association for Computing Machinery (ACM) |
| Publication dates | |
| Published | 18 Aug 2022 |
| Journal | Proceedings of the 2022 6th International Conference on Cloud and Big Data Computing |
| Journal citation | pp. 37-41 |
| Book title | ICCBDC '22: Proceedings of the 2022 6th International Conference on Cloud and Big Data Computing |
| ISBN | 9781450396578 |
| Digital Object Identifier (DOI) | https://doi.org/10.1145/3555962.3555969 |
| Web address (URL) | http://dx.doi.org/10.1145/3555962.3555969 |