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Understanding Business Analytics

  • The successful use of Business Analytics is increasingly becoming a differentiating competitive factor. The ability to extract data-driven insights and integrate them into decision-making is becoming growingly important. The underlying technologies are evolving exponentially, the value proposition differs from simple descriptive applications to automated decision-making. Existing approaches found in literature and practice to classify those levels only insufficiently mark down the boundaries between the different technology levels. As a consequence, it is often unclear which characteristics of the technology interact with the working environment, which can be described as a socio-technical system. Using a systematic literature review, this paper identifies the characteristics of Business Analytics and delineates three types of Business Analytics based on case studies. Thus, a starting point for the socio-technical system design and optimization for the use of Business Analytics is created.

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Metadaten
Verfasserangaben:Jonas Müller, Günther SchuhORCiDGND, Brian Nahr, Gerrit Hoeborn, Volker StichORCiDGND
URL:https://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=10041874
DOI:https://doi.org/10.1109/ICTMOD55867.2022.10041874
ISBN:978-1-6654-7027-8
ISBN:978-1-6654-7028-5
ISSN:2159-5119
ISSN:2372-7268
Titel des übergeordneten Werkes (Englisch):2022 IEEE International Conference on Technology Management, Operations and Decisions (ICTMOD)
Untertitel (Deutsch):Characteristics and Archetypes
Verlag:IEEE
Dokumentart:Konferenzveröffentlichung
Sprache:Englisch
Datum der Veröffentlichung (online):14.03.2023
Datum der Erstveröffentlichung:13.03.2023
Datum der Freischaltung:20.03.2023
Freies Schlagwort / Tag:rev
Umfang:7 S.
FIR-Nummer:SV7778
Konferenzname:2022 IEEE International Conference on Technology Management, Operations and Decisions (ICTMOD)
Konferenzort:Marrakesch, Marokko
Konferenzzeitraum:23. – 25.11.2022
Institut / Bereiche des FIR:FIR e. V. an der RWTH Aachen
Business Transformation
DDC-Klassifikation:6 Technik, Medizin, angewandte Wissenschaften / 62 Ingenieurwissenschaften