Software Design Challenges in Time Series Prediction Systems Using Parallel Implementation of Artificial Neural Networks

Software development life cycle has been characterized by destructive disconnects between activities like planning, analysis, design, and programming. Particularly software developed with prediction based results is always a big challenge for designers. Time series data forecasting like currency exc...

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Main Authors: Narayanan Manikandan, Srinivasan Subha
Format: Article
Language:English
Published: Wiley 2016-01-01
Series:The Scientific World Journal
Online Access:http://dx.doi.org/10.1155/2016/6709352
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author Narayanan Manikandan
Srinivasan Subha
author_facet Narayanan Manikandan
Srinivasan Subha
author_sort Narayanan Manikandan
collection DOAJ
description Software development life cycle has been characterized by destructive disconnects between activities like planning, analysis, design, and programming. Particularly software developed with prediction based results is always a big challenge for designers. Time series data forecasting like currency exchange, stock prices, and weather report are some of the areas where an extensive research is going on for the last three decades. In the initial days, the problems with financial analysis and prediction were solved by statistical models and methods. For the last two decades, a large number of Artificial Neural Networks based learning models have been proposed to solve the problems of financial data and get accurate results in prediction of the future trends and prices. This paper addressed some architectural design related issues for performance improvement through vectorising the strengths of multivariate econometric time series models and Artificial Neural Networks. It provides an adaptive approach for predicting exchange rates and it can be called hybrid methodology for predicting exchange rates. This framework is tested for finding the accuracy and performance of parallel algorithms used.
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issn 2356-6140
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publishDate 2016-01-01
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spelling doaj-art-79614d8ea81a4a7ba944c5096b7c7e582025-02-03T05:52:07ZengWileyThe Scientific World Journal2356-61401537-744X2016-01-01201610.1155/2016/67093526709352Software Design Challenges in Time Series Prediction Systems Using Parallel Implementation of Artificial Neural NetworksNarayanan Manikandan0Srinivasan Subha1School of Information Technology & Engineering, VIT University, Vellore, Tamil Nadu 632014, IndiaSchool of Information Technology & Engineering, VIT University, Vellore, Tamil Nadu 632014, IndiaSoftware development life cycle has been characterized by destructive disconnects between activities like planning, analysis, design, and programming. Particularly software developed with prediction based results is always a big challenge for designers. Time series data forecasting like currency exchange, stock prices, and weather report are some of the areas where an extensive research is going on for the last three decades. In the initial days, the problems with financial analysis and prediction were solved by statistical models and methods. For the last two decades, a large number of Artificial Neural Networks based learning models have been proposed to solve the problems of financial data and get accurate results in prediction of the future trends and prices. This paper addressed some architectural design related issues for performance improvement through vectorising the strengths of multivariate econometric time series models and Artificial Neural Networks. It provides an adaptive approach for predicting exchange rates and it can be called hybrid methodology for predicting exchange rates. This framework is tested for finding the accuracy and performance of parallel algorithms used.http://dx.doi.org/10.1155/2016/6709352
spellingShingle Narayanan Manikandan
Srinivasan Subha
Software Design Challenges in Time Series Prediction Systems Using Parallel Implementation of Artificial Neural Networks
The Scientific World Journal
title Software Design Challenges in Time Series Prediction Systems Using Parallel Implementation of Artificial Neural Networks
title_full Software Design Challenges in Time Series Prediction Systems Using Parallel Implementation of Artificial Neural Networks
title_fullStr Software Design Challenges in Time Series Prediction Systems Using Parallel Implementation of Artificial Neural Networks
title_full_unstemmed Software Design Challenges in Time Series Prediction Systems Using Parallel Implementation of Artificial Neural Networks
title_short Software Design Challenges in Time Series Prediction Systems Using Parallel Implementation of Artificial Neural Networks
title_sort software design challenges in time series prediction systems using parallel implementation of artificial neural networks
url http://dx.doi.org/10.1155/2016/6709352
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AT srinivasansubha softwaredesignchallengesintimeseriespredictionsystemsusingparallelimplementationofartificialneuralnetworks