The Functionalities of Cognitive Technology in Management Control System
Andrzej Bytniewski , Kamal Matouk , Anna Chojnacka-Komorowska , Marcin Hernes , Adam Zawadzki , Agata Kozina
AbstractCognitive technologies are an important factor accelerating the development of business and society. They are an artificial intelligence tool with cognitive skills enabling learning through empirical experience acquired through direct interaction with the environment. The application of these technologies in the management control system enriches it with the functions of automatic analysis of real data mapping business processes that are implemented at all levels of management. The aim of this paper is to analyze the functionalities of cognitive technology for the intelligent knowledge processing process by the management control system. To achieve this goal, the following research methods were used: literature analysis, observation of phenomena, deduction, and induction. The main results of researches are conclusions that cognitive technology should be used, among other, for realize following functions: automatic creation of a new strategic and operating budget plan, automatic real-time conversion of budgets in case of a change in the organizational structure of the enterprise, automatic deviations control, interpretation and identification the causes of deviations
|Publication size in sheets||0.5|
|Book||Nguyen Ngoc Thanh, Jearanaitanakij Kietikul , Selamat Ali, Trawiński Bogdan, Chittayasothorn Suphamit (eds.): Intelligent Information and Database Systems. Part II, Lecture Notes in Artificial Intelligence, no. 12034, 2020, Springer, ISBN 9783030420574, , 649 p., DOI:10.1007/978-3-030-42058-1|
|Keywords in English||Management Control System, Artificial Intelligence, Cognitive Technology, Integrated Management Information System, Enterprise Resource Planning, Industry 4.0|
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