Web-Based System for Enterprise Performance Analysis on the Basis of Time Series Data Mining

The development strategy of a complex enterprise depends on the financial performance evaluation. The latter can be made by time series analysis and forecasting of financial indicators. The paper is focused on a web-based system, which integrates fuzzy time series forecasting techniques with a web service to support enterprise managers in making plan for next period. In the paper the web service with three main components proposed: time series forecasting system using F-transform and fuzzy tendency forecasting techniques, system for linguistic description of predicted fuzzy tendency of each financial indicators and expert system for deriving the linguistic summarization of enterprise financial state and recommendation for planning for next period. As the proposed web service was successfully examined by ten Russian enterprises the example of financial performance evaluation was showed.