Role of IT & analytics on business performance
The growth of big data has activated overwhelming investments in company analytics fixes, but large scale and dependable empirical proof about the company worth of big data and analytics stays limited. This particular paper provides the end result of an econometric analysis which analyzes the guidan...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Czech Technical University in Prague
2022-12-01
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| Series: | Business & IT |
| Subjects: | |
| Online Access: | http://bit.fsv.cvut.cz/issues/01-22/full_01-22_23.pdf |
| _version_ | 1811174768653631488 |
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| author | Isla Elodie Winifred Georgiana Jane Rebecca |
| author_facet | Isla Elodie Winifred Georgiana Jane Rebecca |
| author_sort | Isla Elodie Winifred |
| collection | DOAJ |
| description | The growth of big data has activated overwhelming investments in company analytics fixes, but large scale and dependable empirical proof about the company worth of big data and analytics stays limited. This particular paper provides the end result of an econometric analysis which analyzes the guidance, sign, and magnitude of the connection between firm performance and BDA based on independent dimensions of BDA assets. With a distinctive panel data set which includes comprehensive info regarding BDA treatments run by 814 organizations throughout the timeframe from 2008 to 2014, on one hand, and the financial performance of theirs, on the opposite hand, we calculate the connection between BDA assets and firm efficiency and realize that fresh BDA property are connected with an average of three to seven % improvement in solid efficiency. Nevertheless, we additionally discover substantial disparities in earnings from BDA whenever we think about the market where a firm operates: While firms in IT intensive or maybe very competitive industries are obviously in a position to acquire value from BDA assets, we didn't identify measurable efficiency advancement for firms outdoors these business organizations. Taken collectively, our findings offer strong empirical evidence for the company worth of BDA, but additionally highlight crucial boundary problems. |
| first_indexed | 2024-04-10T19:24:55Z |
| format | Article |
| id | doaj.art-67ee48fcda5842c88702e6327cc63794 |
| institution | Directory Open Access Journal |
| issn | 1805-3777 2570-7434 |
| language | English |
| last_indexed | 2024-04-10T19:24:55Z |
| publishDate | 2022-12-01 |
| publisher | Czech Technical University in Prague |
| record_format | Article |
| series | Business & IT |
| spelling | doaj.art-67ee48fcda5842c88702e6327cc637942023-01-30T09:49:09ZengCzech Technical University in PragueBusiness & IT1805-37772570-74342022-12-0112119220210.14311/bit.2022.01.23Role of IT & analytics on business performanceIsla Elodie WinifredGeorgiana Jane RebeccaThe growth of big data has activated overwhelming investments in company analytics fixes, but large scale and dependable empirical proof about the company worth of big data and analytics stays limited. This particular paper provides the end result of an econometric analysis which analyzes the guidance, sign, and magnitude of the connection between firm performance and BDA based on independent dimensions of BDA assets. With a distinctive panel data set which includes comprehensive info regarding BDA treatments run by 814 organizations throughout the timeframe from 2008 to 2014, on one hand, and the financial performance of theirs, on the opposite hand, we calculate the connection between BDA assets and firm efficiency and realize that fresh BDA property are connected with an average of three to seven % improvement in solid efficiency. Nevertheless, we additionally discover substantial disparities in earnings from BDA whenever we think about the market where a firm operates: While firms in IT intensive or maybe very competitive industries are obviously in a position to acquire value from BDA assets, we didn't identify measurable efficiency advancement for firms outdoors these business organizations. Taken collectively, our findings offer strong empirical evidence for the company worth of BDA, but additionally highlight crucial boundary problems.http://bit.fsv.cvut.cz/issues/01-22/full_01-22_23.pdfit company worthbig data analyticsproductivityfirm performanceeconometric analysissurvey |
| spellingShingle | Isla Elodie Winifred Georgiana Jane Rebecca Role of IT & analytics on business performance Business & IT it company worth big data analytics productivity firm performance econometric analysis survey |
| title | Role of IT & analytics on business performance |
| title_full | Role of IT & analytics on business performance |
| title_fullStr | Role of IT & analytics on business performance |
| title_full_unstemmed | Role of IT & analytics on business performance |
| title_short | Role of IT & analytics on business performance |
| title_sort | role of it analytics on business performance |
| topic | it company worth big data analytics productivity firm performance econometric analysis survey |
| url | http://bit.fsv.cvut.cz/issues/01-22/full_01-22_23.pdf |
| work_keys_str_mv | AT islaelodiewinifred roleofitanalyticsonbusinessperformance AT georgianajanerebecca roleofitanalyticsonbusinessperformance |