Angelika I. Kokkinaki

Bitcoin Is Volatile! Isn’t that Right?

In this study, we substantiate with financial data collection and analysis the hypothesis regarding the volatility of Bitcoin exchange rate against common currencies. Financial data were collected from July 2010 until April 2014. The raw annualised volatility of Bitcoin is compared to conventional and major exchange rates. The first set of results indicate a high value of annualised volatility for the Bitcoin exchange rate. When the volume of Bitcoin transactions is considered, the volatility of the Bitcoin exchange rate stabilizes significantly.

Designing and Developing a Business Continuity Plan Based on Collective Intelligence

This paper proposes a methodological approach that supports Collective Intelligence towards the design and development of a Business Continuity Plan (BCP), in order to minimize the potential of a disaster in the organization. In this framework, Collective Intelligence (CI) is supported by Web2.0 technologies that act as a diagnostic tool, providing the ability to the community of an organization to contribute with their collective experience and their intelligence, in the resolution of factors affecting the success of the Business Continuity Plan (BCP). E-BCP, the platform developed for the BCP and it is supported by CI, is also presented. Some open research issues have been outlined.

Banking Business Process Management Implementation

Scholars and practitioners in the fields of Business Process Management (BPM), performance measurementandbusinessinformationsystemstendtousedifferentapproachesforimplementing BPMProgramswithoutarguingaboutthequalitystrategysettoensuresuccessfulimplementationand adoption.Thislackofqualitystandardsmakesitdifficultforresearchersandpractitionerstobuildon eachother’swork.ThepurposeofthisarticleistopresentamodelforaBPMProgramimplementation inthebankingsector.Theauthors’fourstepsimplementationmodelisbasedonaqualitystrategy monitoringthedifferentphasesoftheentireprocedure.Throughthiswork,theyaimtoidentifythe keycharacteristicsofaBPMsystemaswellasopenadebateonwhatarethenecessaryandsufficient conditionsforthefullimplementationofaBPMProgram.Theauthorsreviewtherelevantliterature andpresenttheirBPMimplementationapproach.Basedontheirresearch,theypresentedacasestudy ontheimplementationofaBPMprograminaGreekbank.Someofthesubjectsdiscussedincluded theintegrationplansfortheprojects,HumanResourcesmanagementissues,andotherconceptsfor theimprovementofthebank’sprocesses.Themainpartofthecasestudywastheintegrationthemes thatthebankinquestionhadidentifiedandseparatedinordertoproduceaviableandcontinuous planforthefullimplementationoftheprojects.Theanalysisinthispaperprovidesanapproachthat researcherscoulduseasareferenceframeworkintheireffortsforimplementingBPMProgramsin generalandmorespecificallyinbankingsector. KeywoRdS BPM Implementation. Business Process Management, Greek Bank, Performance Measurement

A Methodological Approach Towards Crisis Simulations: Qualifying CI-Enabled Information Systems

Low probability high impact events (LoPHIEs) disrupt organizations’ processes severely. Existing methods used for the anticipation and management of such events, suffer from common limitations resulting in a huge impact to the quantification of probability, uncertainty and risk. Continues studies in the field of Crisis Informatics, present an opportunity for the development of a framework that fits the uncertainty related properties of LoPHIEs.

The Relative Advantage of Collaborative Virtual Environments and Two-Dimensional Websites in Multichannel Retail

Collaborative Virtual Environments (CVE) have been with us for some years however their potential is unclear. This research attempts to achieve a better understanding of retail in CVEs from the consumer viewpoint by comparing this channel with the competing retail channels of ‘bricks and mortar’, or offline, and two dimensional navigation websites (2D websites), in order to identify their respective Relative Advantages (RA). Five categories of RA between retail channels were identified and explored using focus groups and interviews. These five categories explore distinct characteristics of each channel, consumer preferences over three stages of a purchase, differences between simple and complex products and lastly the role of trust. Participants showed a preference for offline and 2D in most situations however there was evidence that enjoyment, entertainment, sociable shopping, the ability to reinvent yourself, convenience and institutional trust were RA of CVEs in comparison to one of the other two channels.

Cloudy Skies Over Cyprus? Perceptions and Practices on Cloud Services in Cyprus

The main aim of this article is to outline existing perceptions and practices related to cloud services in Cyprus. This research is exploratory, descriptive and explanatory in the sense that proposes a model to capture the adoption process of potential clients of cloud services in Cyprus. The research methodology used, consist of both primary and secondary data. Primary data has been collected through interviews and a survey. Qualitative and quantitative analysis is employed, recommendations are derived and discussion follows.