Search results for "strategic benefits"

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A Study Regarding the Use of Expert Systems in Economics Field

2013

Abstract Expert systems simulate the formal reasoning of human expert in a narrow field like stock trading. The traditional method is using IF-THEN rules. Nowadays, Belief Rule Base (BRB) expert systems are capable to perform reasoning based both qualitative and quantitative information. The paper presents a SWOT analysis of expert systems, emphasizing the opportunities the use of expert systems offers to economics field. Using expert systems in economics field provides strategic benefits like: competitive financial advantages, investment advisory, better organisation of workflow, back-up for key experts, training tool for new employees, diagnosis of critical aspects, prognosis of economic …

Computer scienceManagement scienceGeneral EngineeringEnergy Engineering and Power Technologyexpert systemsSWOT analysisLegal expert systemcomputer.software_genreInvestment (macroeconomics)economics.Expert systemField (computer science)Subject-matter expertWorkflowKey (cryptography)strategic benefitsMarketingcomputerSWOT analysisProcedia Economics and Finance
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