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Prescriptive Analytics for Recommendation-Based Business Process Optimization

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Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 176))

Abstract

Continuously improved business processes are a central success factor for companies. Yet, existing data analytics do not fully exploit the data generated during process execution. Particularly, they miss prescriptive techniques to transform analysis results into improvement actions. In this paper, we present the data-mining-driven concept of recommendation-based business process optimization on top of a holistic process warehouse. It prescriptively generates action recommendations during process execution to avoid a predicted metric deviation. We discuss data mining techniques and data structures for real-time prediction and recommendation generation and present a proof of concept based on a prototypical implementation in manufacturing.

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Gröger, C., Schwarz, H., Mitschang, B. (2014). Prescriptive Analytics for Recommendation-Based Business Process Optimization. In: Abramowicz, W., Kokkinaki, A. (eds) Business Information Systems. BIS 2014. Lecture Notes in Business Information Processing, vol 176. Springer, Cham. https://doi.org/10.1007/978-3-319-06695-0_3

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  • DOI: https://doi.org/10.1007/978-3-319-06695-0_3

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-06694-3

  • Online ISBN: 978-3-319-06695-0

  • eBook Packages: Computer ScienceComputer Science (R0)

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