A business collaborative decision making system for network of SMEs

Abstract

The enterprise collaboration has gain much popularity and strength with the inception of digital revolution. The concept of enterprise collaboration has observed a dynamic and evolving phenomenon of value added chain. This phenomenon under the convergence of information technology has placed a remarkable impact on decision-making processes within enterprises. The enterprises are involved in establishing a common window of collaborative network where the principle enterprise decides the synthesis of the incoming opportunity. In this study, we have shown how the decision-making capability can be improved by means of analytics of vast amount of data during enterprise collaboration. The proposed system has adopted prescriptive analysis across enterprise resources. The outcome of proposed system addresses the individual and collaborative enterprise capability within enterprise network. Our proposed knowledge based decision making model provides a self-adaptive solution for enterprise collaborative services. IFIP International Federation for Information Processing 2016.