The Impact of Big Data, Sustainability, and Digitalization on Company Performance
Nowadays companies are dealing with large amounts of data, not only for an important decision but also into their day-to-day activity. In order to handle properly these large volumes of data, from different sources without missing the opportunities, companies need to figure out how to manage big dat...
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| Format: | Article |
| Language: | English |
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Sciendo
2017-12-01
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| Series: | Studies in Business and Economics |
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| Online Access: | https://doi.org/10.1515/sbe-2017-0045 |
| _version_ | 1818336132314693632 |
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| author | Șerban Radu-Alexandru |
| author_facet | Șerban Radu-Alexandru |
| author_sort | Șerban Radu-Alexandru |
| collection | DOAJ |
| description | Nowadays companies are dealing with large amounts of data, not only for an important decision but also into their day-to-day activity. In order to handle properly these large volumes of data, from different sources without missing the opportunities, companies need to figure out how to manage big data to their advantage. Embracing the advantages of big data is not enough because in order to face the challenges of the business environment, investing in digital technology is no longer seen as giving a competitive advantage, is seen as a standard. Also in the path of evolution, the interest of companies (profit) on one side and the interests of society (social and environmental) on the other side should find a common point in order to pursue their interests in a way that will not affect future generations. Sustainability is the approach towards this future, which allows companies to grow and make profits, but at the same time provides benefits for the society. |
| first_indexed | 2024-12-13T14:34:27Z |
| format | Article |
| id | doaj.art-e520f20c9c714a8386720a245831e8e9 |
| institution | Directory Open Access Journal |
| issn | 2344-5416 |
| language | English |
| last_indexed | 2024-12-13T14:34:27Z |
| publishDate | 2017-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Studies in Business and Economics |
| spelling | doaj.art-e520f20c9c714a8386720a245831e8e92022-12-21T23:41:46ZengSciendoStudies in Business and Economics2344-54162017-12-0112318118910.1515/sbe-2017-0045sbe-2017-0045The Impact of Big Data, Sustainability, and Digitalization on Company PerformanceȘerban Radu-Alexandru0Lucian Blaga University of Sibiu, Sibiu, RomaniaNowadays companies are dealing with large amounts of data, not only for an important decision but also into their day-to-day activity. In order to handle properly these large volumes of data, from different sources without missing the opportunities, companies need to figure out how to manage big data to their advantage. Embracing the advantages of big data is not enough because in order to face the challenges of the business environment, investing in digital technology is no longer seen as giving a competitive advantage, is seen as a standard. Also in the path of evolution, the interest of companies (profit) on one side and the interests of society (social and environmental) on the other side should find a common point in order to pursue their interests in a way that will not affect future generations. Sustainability is the approach towards this future, which allows companies to grow and make profits, but at the same time provides benefits for the society.https://doi.org/10.1515/sbe-2017-0045big datasustainabilitydigitalizationperformancevaluecompany |
| spellingShingle | Șerban Radu-Alexandru The Impact of Big Data, Sustainability, and Digitalization on Company Performance Studies in Business and Economics big data sustainability digitalization performance value company |
| title | The Impact of Big Data, Sustainability, and Digitalization on Company Performance |
| title_full | The Impact of Big Data, Sustainability, and Digitalization on Company Performance |
| title_fullStr | The Impact of Big Data, Sustainability, and Digitalization on Company Performance |
| title_full_unstemmed | The Impact of Big Data, Sustainability, and Digitalization on Company Performance |
| title_short | The Impact of Big Data, Sustainability, and Digitalization on Company Performance |
| title_sort | impact of big data sustainability and digitalization on company performance |
| topic | big data sustainability digitalization performance value company |
| url | https://doi.org/10.1515/sbe-2017-0045 |
| work_keys_str_mv | AT serbanradualexandru theimpactofbigdatasustainabilityanddigitalizationoncompanyperformance AT serbanradualexandru impactofbigdatasustainabilityanddigitalizationoncompanyperformance |