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  4. Vol 8, Issue 4, 2024

Enterprise Performance Management and Evaluation Incentive Model for Blockchain Technology and Big Data Algorithms

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DOI: 10.23977/acss.2024.080417 | Downloads: 0 | Views: 31

Author(s)

Lei Sun 1,2

Affiliation(s)

1 School of Economics and Management, Shazhou Professional Institute of Technology, Zhangjiagang, Jiangsu, 215600, China
2 School of Economics and Management, Jiangsu Vocational College of Finance and Economics, Huai'an, Jiangsu, 223003, China

Corresponding Author

Lei Sun

ABSTRACT

Blockchain technology and big data algorithms have new possibilities in the field of enterprise performance management. Blockchain is essentially immutable, and big data algorithms have the ability to conduct in-depth analysis, which makes it possible to establish a transparent and efficient performance management system. Aiming at blockchain technology and big data algorithm, this article proposed an enterprise performance management and evaluation incentive model. In terms of technical framework construction, this article designed decentralized performance management system architecture by using blockchain technology, and realized the automatic implementation of performance evaluation standards and reward distribution rules by using smart contracts. This article also added a random forest algorithm to enhance the function of the performance management system, and used big data analysis tools to analyze employee performance. The experimental results showed that the system performed well in management efficiency. The highest management efficiency of the system reached 99.2%. The response time of the system was between 302ms and 590ms, which showed that it had fast processing and analysis ability. In terms of evaluation model, compared with the mean square error of traditional model, random forest model made great improvement. Its maximum mean square error was 0.57, while the traditional model was 1.09. In addition, in terms of throughput, the random forest model reached 894 RPS, which was far from the traditional model. Therefore, for the incentive mechanism proposed in this article, the automatic and transparent effector of smart contract was used, which greatly improved efficiency and fairness.

KEYWORDS

Blockchain Technology, Big Data Algorithms, Enterprise Performance Management, Random Forest

CITE THIS PAPER

Lei Sun, Enterprise Performance Management and Evaluation Incentive Model for Blockchain Technology and Big Data Algorithms. Advances in Computer, Signals and Systems (2024) Vol. 8: 119-127. DOI: http://dx.doi.org/10.23977/acss.2024.080417.

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