Ten big lessons learned from Big Data analytics
Jacques Bughin
Applied Marketing Analytics: The Peer-Reviewed Journal, 2016, vol. 2, issue 4, 286-295
Abstract:
What are the key lessons for corporates wishing to generate return on investment from the use of Big Data analytics? Using a meta-analysis of recent literature, combined with the author’s own survey of hundreds of organisations worldwide, this paper contends that the best companies generate supra-normal profit through a strong managerial and organisational approach to data analytics. Those companies also integrate Big Data into digitisation programmes and proactively invest in advanced analytics (artificial intelligence and deep learning) for better decision-making.
Keywords: Big Data; deep machine learning; analytics; corporate performance (search for similar items in EconPapers)
JEL-codes: M3 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:
Downloads: (external link)
https://hstalks.com/article/829/download/ (application/pdf)
https://hstalks.com/article/829/ (text/html)
Requires a paid subscription for full access.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:aza:ama000:y:2016:v:2:i:4:p:286-295
Access Statistics for this article
More articles in Applied Marketing Analytics: The Peer-Reviewed Journal from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().