Study on the Application of Big Data in Business Operations as the Core Strategy

DOI

10.2991/978-94-6463-064-0_98How to use a DOI?

Keywords

Big data; New retail; Luckin Coffee; Tesla; STO

Abstract

Big data is used as the core strategy by companies as the key to success. In this paper, the author illustrates three different kinds of companies – the company that makes business decisions based on big data at the first stage, the revolutionary company that utilizes big data to achieve their ultimate goal and the traditional industries that rely on big data to transform for secondary development to prove the effectiveness of applying big data in business operations. Based on the classification and analysis of the company, the author concludes that using big data as the core strategy can help the company make faster and accurate decisions.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Chenkai Liang
PY  - 2022
DA  - 2022/12/27
TI  - Study on the Application of Big Data in Business Operations as the Core Strategy
BT  - Proceedings of the 2022 3rd International Conference on Big Data and Social Sciences (ICBDSS 2022)
PB  - Atlantis Press
SP  - 958
EP  - 964
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-064-0_98
DO  - 10.2991/978-94-6463-064-0_98
ID  - Liang2022
ER  -