Big Data Value Realization

Authors

DOI:

https://doi.org/10.70844/ijas.2024.1.8

Keywords:

DVR, Big data, Data monetization, Value realization strategies, Data-driven decision-making, Business intelligence, Advanced analytics, Data enablement, Data governance, Insights generation, Industry applications

Abstract

In the modern business landscape, the ability to couple and derive value from big data has become essential for organizational success. big data Value Realization has emerged as a cornerstone for success in today’s competitive and data-rich business environment. This paper provides an in-depth exploration of the strategies, frameworks, and real-world use cases, and applications that empower organizations to unlock the full potential of their big data assets. It underscores the transformative impact of deriving actionable insights through advanced analytics, machine learning, and data integration, which enable businesses to navigate complex challenges and seize opportunities. By aligning big data initiatives with business objectives, organizations can drive innovation, optimize processes, and achieve measurable outcomes. The paper also addresses critical considerations such as data quality, governance, and scalability, offering a comprehensive guide to implementing big data Value Realization as a key enabler for sustainable growth and competitive differentiation.

Published

2024-11-06

Issue

Section

Articles

How to Cite

Big Data Value Realization. (2024). Innovative Journal of Applied Science, 8. https://doi.org/10.70844/ijas.2024.1.8

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