Adaptive Management Approach for more Availability of Big Data Business Analytics

Abstract

With the Big Data management, and the propagation of business lines into complex networks, activities are ever more subject to disasters than ever. It is nearly impossible to forecast their happening and degree of related costs. Accordingly, organizations try to collaborate in risk management. This paper outlines and discusses a generic approach based on Fuzzy Cognitive Maps (FCM) for cross-management of Disaster Recovery Plans (DRP). A set of basics of disaster planning is also provided. The proposed approach is focused on risk assessment methodology. The method is able to aggregate all assessment variables of the whole stakeholders involved in the business network. The main outcomes of this study aim to support networked enterprises in improving risk readiness capability and disaster recovery. Finally, we indicate the open challenges for further researches and an outlook on our future research.