Innovation and Big Data in Smart Service Systems

As traditionally measured, services, which include everything from transportation to retail to healthcare to entertainment to hospitality and more, account for most economic activity. Taking a more modern view, we define service as value creation that occurs within systems of interacting economic ac...

Full description

Bibliographic Details
Main Authors: Paul P. Maglio, Chie-Hyeon Lim
Format: Article
Language:English
Published: Universidade do Porto, Faculdade de Engenharia (FEUP) 2016-05-01
Series:Journal of Innovation Management
Subjects:
Online Access:https://journalsojs3.fe.up.pt/index.php/jim/article/view/362
_version_ 1828770881572175872
author Paul P. Maglio
Chie-Hyeon Lim
author_facet Paul P. Maglio
Chie-Hyeon Lim
author_sort Paul P. Maglio
collection DOAJ
description As traditionally measured, services, which include everything from transportation to retail to healthcare to entertainment to hospitality and more, account for most economic activity. Taking a more modern view, we define service as value creation that occurs within systems of interacting economic actors. Service systems have been getting smarter over time, as big data analytics have been used to generate information and automate operations that create ever more value for people in the service systems. In this short letter, we describe some of our perspective on the use of big data analytics in smart service systems, suggesting one framework for thinking about big data in this context and outlining a set of research issues.
first_indexed 2024-12-11T14:15:10Z
format Article
id doaj.art-62aff268184c4e438762ee2532b317d6
institution Directory Open Access Journal
issn 2183-0606
language English
last_indexed 2024-12-11T14:15:10Z
publishDate 2016-05-01
publisher Universidade do Porto, Faculdade de Engenharia (FEUP)
record_format Article
series Journal of Innovation Management
spelling doaj.art-62aff268184c4e438762ee2532b317d62022-12-22T01:03:12ZengUniversidade do Porto, Faculdade de Engenharia (FEUP)Journal of Innovation Management2183-06062016-05-0141112110.24840/2183-0606_004.001_0003362Innovation and Big Data in Smart Service SystemsPaul P. Maglio0Chie-Hyeon Lim1University of California, MERCEDUniversity of California, MERCED Pohang University of Science and Technology, Republic of KoreaAs traditionally measured, services, which include everything from transportation to retail to healthcare to entertainment to hospitality and more, account for most economic activity. Taking a more modern view, we define service as value creation that occurs within systems of interacting economic actors. Service systems have been getting smarter over time, as big data analytics have been used to generate information and automate operations that create ever more value for people in the service systems. In this short letter, we describe some of our perspective on the use of big data analytics in smart service systems, suggesting one framework for thinking about big data in this context and outlining a set of research issues.https://journalsojs3.fe.up.pt/index.php/jim/article/view/362smart service systembig datainnovation.
spellingShingle Paul P. Maglio
Chie-Hyeon Lim
Innovation and Big Data in Smart Service Systems
Journal of Innovation Management
smart service system
big data
innovation.
title Innovation and Big Data in Smart Service Systems
title_full Innovation and Big Data in Smart Service Systems
title_fullStr Innovation and Big Data in Smart Service Systems
title_full_unstemmed Innovation and Big Data in Smart Service Systems
title_short Innovation and Big Data in Smart Service Systems
title_sort innovation and big data in smart service systems
topic smart service system
big data
innovation.
url https://journalsojs3.fe.up.pt/index.php/jim/article/view/362
work_keys_str_mv AT paulpmaglio innovationandbigdatainsmartservicesystems
AT chiehyeonlim innovationandbigdatainsmartservicesystems