Big Data-driven Value Creation for Organizations

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dc.contributor.authorOlszak, Celina
dc.contributor.authorZurada, Jozef
dc.date.accessioned2019-01-02T23:38:23Z
dc.date.available2019-01-02T23:38:23Z
dc.date.issued2019-01-08
dc.description.abstractThe past few years have been characterized by an enormous increase in data coming from different sources in real time and in many diverse forms. The term commonly used for such data is Big Data (BD). Much of this BD has a high business value and, if properly utilized, can become an important organizational asset helping the organization to achieve competitive advantage. However, many organizations make a limited use of BD because they lack necessary tools and/or do not understand the value of this data. The main contribution of this study is to investigate an issue of Big Data and elements shaping creation of BD-based business value. In particular, the outcome of this research is to build and verify a framework to provide business value based on BD. The proposed framework is distinguished by three components: (1) dynamic capabilities of organizations, (2) integrated process of BD resource exploration and exploitation, and (3) identification and measurement of business value creation based on BD.
dc.format.extent10 pages
dc.identifier.doi10.24251/HICSS.2019.021
dc.identifier.isbn978-0-9981331-2-6
dc.identifier.urihttp://hdl.handle.net/10125/59457
dc.language.isoeng
dc.relation.ispartofProceedings of the 52nd Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectBusiness Intelligence and Big Data for Innovative and Sustainable Development of Organizations
dc.subjectCollaboration Systems and Technologies
dc.subjectBig Data, Business Intelligence, Business Value Creation Framework
dc.titleBig Data-driven Value Creation for Organizations
dc.typeConference Paper
dc.type.dcmiText

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Business Intelligence and Big Data for Innovative and Sustainable Development of Organizations