Big Data Value Elements Extraction for Managing Change Disruption in Future Organizations

Author(s) : Sidra Tariq, Dr. Asif Ali Syed
ISSN : 0974 - 497
Year : May 2019 | Volume : 13 | Issue : 2/4

Abstract: Digitization has opened a new era of information system which has the potential to extricate worthwhile value for the businesses. In this digital age, the organisations can gain competitive advantage by undertaking important decision regarding the cost, the technology and data handling tools. The right balance between minimum time to access to data, the cost of investment in scalable technologies and avoiding data vulnerabilities against threat opens a new way to extract consumer needs and preferences and increment in overall value for the organisations. For the organisational understanding of important factors towards value extraction from data sets analytics platform, the paper adopts a three-tier approach, starting with the definition of big data and its genesis, its role and use in an organisation, and characteristics of big data, The second level addresses the concept build up from extensive literature review. Finally, the third tier highlights factors need to address by organisations, a prerequisite before extracting value. The value extracted eventually discusses the implications for further research directions and the use of value elements for managing change disruption, towards future organisations.


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