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Big Data IT Capabilities

Rasch Skogh, Mattias LU and Karlsson, Viktor (2016) SYSK02 20161
Department of Informatics
Abstract
The amount of data produced is growing rapidly and organizations are struggling to make use of the generated data from the vast amount of sources. Analyzing and interpreting data to find patterns and trends has become a competitive advantage for companies working with customer oriented operations. Many previous studies have shown the value potential of working with big data. In order to create value from big data an increased demand on companies IT capabilities has risen. We asked ourselves the question, which IT capabilities are these? To evaluate the capabilities needed, we have applied the Resource Based View (RBV). The RBV addresses the complementarity of IT and organizational processes and practices in organizational resources. To... (More)
The amount of data produced is growing rapidly and organizations are struggling to make use of the generated data from the vast amount of sources. Analyzing and interpreting data to find patterns and trends has become a competitive advantage for companies working with customer oriented operations. Many previous studies have shown the value potential of working with big data. In order to create value from big data an increased demand on companies IT capabilities has risen. We asked ourselves the question, which IT capabilities are these? To evaluate the capabilities needed, we have applied the Resource Based View (RBV). The RBV addresses the complementarity of IT and organizational processes and practices in organizational resources. To answer our question, we examined academic literature regarding big data and RBV and put together a number of discussion points, which we then used in interviews with five customer oriented companies. After conducting the interviews an analysis was performed. The analysis compares the literature to the empirical data and commonalities and discrepancies were identified. We found that strong teams with several different competencies are required when working with big data. Furthermore, a new culture is arising with big data. A culture that requires decision makers to make decisions based on data instead of intuition. For the future, we recommend all managers to learn how big data can create value for their organization. (Less)
Please use this url to cite or link to this publication:
author
Rasch Skogh, Mattias LU and Karlsson, Viktor
supervisor
organization
course
SYSK02 20161
year
type
M2 - Bachelor Degree
subject
keywords
Big data, RBV, IT Capabilities, Value creation
report number
INF16-006
language
English
id
8875921
date added to LUP
2016-06-23 08:47:16
date last changed
2016-06-23 08:47:16
@misc{8875921,
  abstract     = {The amount of data produced is growing rapidly and organizations are struggling to make use of the generated data from the vast amount of sources. Analyzing and interpreting data to find patterns and trends has become a competitive advantage for companies working with customer oriented operations. Many previous studies have shown the value potential of working with big data. In order to create value from big data an increased demand on companies IT capabilities has risen. We asked ourselves the question, which IT capabilities are these? To evaluate the capabilities needed, we have applied the Resource Based View (RBV). The RBV addresses the complementarity of IT and organizational processes and practices in organizational resources. To answer our question, we examined academic literature regarding big data and RBV and put together a number of discussion points, which we then used in interviews with five customer oriented companies. After conducting the interviews an analysis was performed. The analysis compares the literature to the empirical data and commonalities and discrepancies were identified. We found that strong teams with several different competencies are required when working with big data. Furthermore, a new culture is arising with big data. A culture that requires decision makers to make decisions based on data instead of intuition. For the future, we recommend all managers to learn how big data can create value for their organization.},
  author       = {Rasch Skogh, Mattias and Karlsson, Viktor},
  keyword      = {Big data,RBV,IT Capabilities,Value creation},
  language     = {eng},
  note         = {Student Paper},
  title        = {Big Data IT Capabilities},
  year         = {2016},
}