Delineating the Business Value of Data-driven Initiatives in Organizations – Findings from a Systematic Review of the Information Systems Literature

Date

2023-01-03

Contributor

Advisor

Department

Instructor

Depositor

Speaker

Researcher

Consultant

Interviewer

Narrator

Transcriber

Annotator

Journal Title

Journal ISSN

Volume Title

Publisher

Volume

Number/Issue

Starting Page

5420

Ending Page

Alternative Title

Abstract

A key objective of data-driven transformations is to utilize big data analytics (BDA) to create data-driven business value (DDBV). While prior research shows the potential of BDA to achieve DDBV, the concept remains blurry and an overview of realizable DDBVs is still lacking. To better understand the multidimensionality of the DDBV concept and to obtain insights into the bandwidth of achievable DDBVs, we conducted a systematic review of the information systems literature. Based on our results, we present a comprehensive overview of 34 DDBVs, which are classified according to their tangibility and locus of value realization. Furthermore, we describe three research deficiencies: (1) the missing operationalization of the DDBV concept, (2) the lack of explanatory mechanisms for DDBV realization, and (3) missing qualitative, in-depth insights into DDBV realization processes. Future research may build upon our systematization and help closing these research gaps, thereby increasing the success likelihood of data-driven initiatives.

Description

Keywords

Business Intelligence, Business Analytics, and Big Data: Innovation, Deployment, and Management, big data analytics, data-driven business value, data-driven organizations, literature review

Citation

Extent

10

Format

Geographic Location

Time Period

Related To

Proceedings of the 56th Hawaii International Conference on System Sciences

Related To (URI)

Table of Contents

Rights

Attribution-NonCommercial-NoDerivatives 4.0 International

Rights Holder

Local Contexts

Email libraryada-l@lists.hawaii.edu if you need this content in ADA-compliant format.