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Complex Landscapes of Risk in Operations Systems - Aspects of Modelling and Processing

Authors:
Udo Inden
Despina T. Meridou
Maria-Eleftheria Ch. Papadopoulou
Angelos-Christos G. Anadiotis
Claus-Peter Rückemann

Keywords: Operations’ Risk Management; Disambiguation; Semantic Technologies; High-End Computing.

Abstract:
Large, dynamic landscapes of interdependent risks are potentially existential challenges to industry. Substantiated by an example out of a variety of concrete industrial cases, we discuss in this paper concepts of modelling and managing such landscapes in a new way. The starting-points of the concept are managerial responsibility, the propagation of risk along dependencies in complex operations’ systems and resulting impacts, fundamental ambiguities of awareness, events’ classification and mitigation of impacts. For solving these problems, we suggest semantic technologies and the programming paradigm of multi-agent systems that for this reason are to be leveraged by effective parallel computing.

Pages: 99 to 104

Copyright: Copyright (c) IARIA, 2013

Publication date: November 17, 2013

Published in: conference

ISSN: 2308-3484

ISBN: 978-1-61208-310-0

Location: Lisbon, Portugal

Dates: from November 17, 2013 to November 21, 2013