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  • Open Access

    ARTICLE

    An Intelligent Business Model for Product Price Prediction Using Machine Learning Approach

    Naeem Ahmed Mahoto1, Rabia Iftikhar1, Asadullah Shaikh2,*, Yousef Asiri2, Abdullah Alghamdi2, Khairan Rajab2,3

    Intelligent Automation & Soft Computing, Vol.30, No.1, pp. 147-159, 2021, DOI:10.32604/iasc.2021.018944

    Abstract The price of a product plays a vital role in its market share. Customers usually buy a product when it fits their needs and budget. Therefore, it is an essential area in the business to make decisions about prices for each product. The major portion of the business profit is directly connected with the percentage of the sale, which relies on certain factors of customers including customers’ behavior and market competitors. It has been observed in the past that machine learning algorithms have made the decision-making process more effective and profitable in businesses. The fusion of machine learning with business… More >

  • Open Access

    ARTICLE

    Industry 4.0: Architecture and Equipment Revolution

    Ahmed Bashar Fakhri1, Saleem Latteef Mohammed1, Imran Khan2, Ali Safaa Sadiq3,4, Basem Alkazemi5, Prashant Pillai4, Bong Jun Choi6,*

    CMC-Computers, Materials & Continua, Vol.66, No.2, pp. 1175-1194, 2021, DOI:10.32604/cmc.2020.012587

    Abstract The development of science and technology has led to the era of Industry 4.0. The core concept is the combination of “material and informationization”. In the supply chain and manufacturing process, the “material” of the physical entity world is realized by data, identity, intelligence, and information. Industry 4.0 is a disruptive transformation and upgrade of intelligent industrialization based on the Internet-of-Things and Big Data in traditional industrialization. The goal is “maximizing production efficiency, minimizing production costs, and maximizing the individual needs of human beings for products and services.” Achieving this goal will surely bring about a major leap in the… More >

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