Identifying ITC Patterns by Industries Using Web Content Mining

Date Added: Jan 2012
Format: PDF

Learning the competitors' IT framework in a knowledge-based economy can become a valuable source of competitive advantage. This paper proposes a framework for knowledge discovery of ITC solution patterns for different industries, by use of web content mining. An application is made in the financial industry, having the companies clustered according to their business coordinates. After having identified the clusters, a quantitative algorithm is provided to assist a financial company make a decision of ITC products acquisition that best suits its business size and that assures technology alignment with industry trends in IT deployment.