Prioritization of business analytics projects using interval type-2 fuzzy AHP

Basar Oztaysi; Sezi Cevik Onar; Cengiz Kahraman

doi:10.1007/978-3-319-66827-7_10

Prioritization of business analytics projects using interval type-2 fuzzy AHP

Basar Oztaysi^*, Sezi Cevik Onar, Cengiz Kahraman

^*Corresponding author for this work

Department of Industrial Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

13 Citations (Scopus)

Abstract

Because of emerging technologies, a vast amount of data can be stored and processed very easily. These advances also affect companies and many new projects are being proposed. Business analytics is the umbrella term for these projects and it denotes to the skills, technologies, activities aiming at assessment and exploration of past performance to gain an understanding for better decision making. Data and analytical models are the two main pillars of business analytics. Business analytics project can be grouped into three main groups: (i) descriptive analytics, efforts to understand what has happened in the company, (ii) predictive analytics, efforts to figure out the result of an future event, and (iii) prescriptive analytics use mathematical and computational sciences to suggest decision options to take advantage of the results of descriptive and predictive analytics. In this study a prioritization method for possible business analytics projects using Type-2 fuzzy AHP is proposed. Proposed model is composed of six criteria namely, strategic value, competitiveness, customer relations, improved decision-making, improved operations, and data quality.

Original language	English
Title of host publication	Advances in Fuzzy Logic and Technology 2017 - Proceedings of
Subtitle of host publication	EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets
Editors	Krassimir T. Atanassov, Maciej Krawczak, Janusz Kacprzyk, Eulalia Szmidt, Slawomir Zadrozny, Maciej Krawczak
Publisher	Springer Verlag
Pages	106-117
Number of pages	12
ISBN (Print)	9783319668260
DOIs	https://doi.org/10.1007/978-3-319-66827-7_10
Publication status	Published - 2018
Event	Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017 - Warsaw, Poland Duration: 11 Sept 2017 → 15 Sept 2017

Publication series

Name	Advances in Intelligent Systems and Computing
Volume	643
ISSN (Print)	2194-5357

Conference

Conference	Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017
Country/Territory	Poland
City	Warsaw
Period	11/09/17 → 15/09/17

Bibliographical note

Publisher Copyright:
© 2018, Springer International Publishing AG.

Keywords

Business analytics
Interval type-2 fuzzy sets
Multicriteria decision making
Project selection
Type-2 fuzzy AHP

Access to Document

10.1007/978-3-319-66827-7_10

Cite this

Oztaysi, B., Cevik Onar, S., & Kahraman, C. (2018). Prioritization of business analytics projects using interval type-2 fuzzy AHP. In K. T. Atanassov, M. Krawczak, J. Kacprzyk, E. Szmidt, S. Zadrozny, & M. Krawczak (Eds.), Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets (pp. 106-117). (Advances in Intelligent Systems and Computing; Vol. 643). Springer Verlag. https://doi.org/10.1007/978-3-319-66827-7_10

Oztaysi, Basar ; Cevik Onar, Sezi ; Kahraman, Cengiz. / Prioritization of business analytics projects using interval type-2 fuzzy AHP. Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets. editor / Krassimir T. Atanassov ; Maciej Krawczak ; Janusz Kacprzyk ; Eulalia Szmidt ; Slawomir Zadrozny ; Maciej Krawczak. Springer Verlag, 2018. pp. 106-117 (Advances in Intelligent Systems and Computing).

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title = "Prioritization of business analytics projects using interval type-2 fuzzy AHP",

abstract = "Because of emerging technologies, a vast amount of data can be stored and processed very easily. These advances also affect companies and many new projects are being proposed. Business analytics is the umbrella term for these projects and it denotes to the skills, technologies, activities aiming at assessment and exploration of past performance to gain an understanding for better decision making. Data and analytical models are the two main pillars of business analytics. Business analytics project can be grouped into three main groups: (i) descriptive analytics, efforts to understand what has happened in the company, (ii) predictive analytics, efforts to figure out the result of an future event, and (iii) prescriptive analytics use mathematical and computational sciences to suggest decision options to take advantage of the results of descriptive and predictive analytics. In this study a prioritization method for possible business analytics projects using Type-2 fuzzy AHP is proposed. Proposed model is composed of six criteria namely, strategic value, competitiveness, customer relations, improved decision-making, improved operations, and data quality.",

keywords = "Business analytics, Interval type-2 fuzzy sets, Multicriteria decision making, Project selection, Type-2 fuzzy AHP",

author = "Basar Oztaysi and \{Cevik Onar\}, Sezi and Cengiz Kahraman",

note = "Publisher Copyright: {\textcopyright} 2018, Springer International Publishing AG.; Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017 ; Conference date: 11-09-2017 Through 15-09-2017",

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doi = "10.1007/978-3-319-66827-7\_10",

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editor = "Atanassov, \{Krassimir T.\} and Maciej Krawczak and Janusz Kacprzyk and Eulalia Szmidt and Slawomir Zadrozny and Maciej Krawczak",

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Oztaysi, B, Cevik Onar, S & Kahraman, C 2018, Prioritization of business analytics projects using interval type-2 fuzzy AHP. in KT Atanassov, M Krawczak, J Kacprzyk, E Szmidt, S Zadrozny & M Krawczak (eds), Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets. Advances in Intelligent Systems and Computing, vol. 643, Springer Verlag, pp. 106-117, Conference of the European Society for Fuzzy Logic and Technology, EUSFLAT 2017 and 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, IWIFSGN 2017, Warsaw, Poland, 11/09/17. https://doi.org/10.1007/978-3-319-66827-7_10

Prioritization of business analytics projects using interval type-2 fuzzy AHP. / Oztaysi, Basar; Cevik Onar, Sezi; Kahraman, Cengiz.
Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets. ed. / Krassimir T. Atanassov; Maciej Krawczak; Janusz Kacprzyk; Eulalia Szmidt; Slawomir Zadrozny; Maciej Krawczak. Springer Verlag, 2018. p. 106-117 (Advances in Intelligent Systems and Computing; Vol. 643).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

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AU - Oztaysi, Basar

AU - Cevik Onar, Sezi

AU - Kahraman, Cengiz

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N2 - Because of emerging technologies, a vast amount of data can be stored and processed very easily. These advances also affect companies and many new projects are being proposed. Business analytics is the umbrella term for these projects and it denotes to the skills, technologies, activities aiming at assessment and exploration of past performance to gain an understanding for better decision making. Data and analytical models are the two main pillars of business analytics. Business analytics project can be grouped into three main groups: (i) descriptive analytics, efforts to understand what has happened in the company, (ii) predictive analytics, efforts to figure out the result of an future event, and (iii) prescriptive analytics use mathematical and computational sciences to suggest decision options to take advantage of the results of descriptive and predictive analytics. In this study a prioritization method for possible business analytics projects using Type-2 fuzzy AHP is proposed. Proposed model is composed of six criteria namely, strategic value, competitiveness, customer relations, improved decision-making, improved operations, and data quality.

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KW - Interval type-2 fuzzy sets

KW - Multicriteria decision making

KW - Project selection

KW - Type-2 fuzzy AHP

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DO - 10.1007/978-3-319-66827-7_10

M3 - Conference contribution

AN - SCOPUS:85029444805

SN - 9783319668260

T3 - Advances in Intelligent Systems and Computing

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BT - Advances in Fuzzy Logic and Technology 2017 - Proceedings of

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Oztaysi B, Cevik Onar S, Kahraman C. Prioritization of business analytics projects using interval type-2 fuzzy AHP. In Atanassov KT, Krawczak M, Kacprzyk J, Szmidt E, Zadrozny S, Krawczak M, editors, Advances in Fuzzy Logic and Technology 2017 - Proceedings of: EUSFLAT-2017 – The 10th Conference of the European Society for Fuzzy Logic and Technology, IWIFSGN’2017 – The 16th International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets. Springer Verlag. 2018. p. 106-117. (Advances in Intelligent Systems and Computing). doi: 10.1007/978-3-319-66827-7_10

Prioritization of business analytics projects using interval type-2 fuzzy AHP

Abstract

Publication series

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Bibliographical note

Keywords

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