A collection of papers on Markov random walks and Markov additive processes and their applications. It provides the foundations of these stochastic processes underpinned by a theoretical framework based on Semiregenerative phenomena.

This book consists of selected and peer-reviewed papers presented at 2022 4th International Conference on Big Data Engineering and Technology (BDET), held during April 22-24, 2022, in Singapore. As IT infrastructure and data management technologies have become critical assets and capabilities for today's enterprises, this book aims to be part of the effort in contributing to their development. In particular, the BDET conference series aims to provide the much needed forum for researchers and practitioners across the world who are actively engaged in advancing research and raising awareness of...