Big Data to Big Impact: Effect of Big Data in Modern Decision Making
- DOI
- 10.2991/978-94-6463-162-3_32How to use a DOI?
- Keywords
- Big data; Decision-making; B-DAD; SDN; Filtration
- Abstract
In today’s emerging world of computer techniques and technologies of social media and internet, decision making has become a non-trivial task for all major industries and organizations. Due to the surging competition in the business world, a single inaccurate decision can lead to radical setbacks. Data needs to be analyzed in order to arrive at better decisions, thus improving the organization’s performance and standards. This is achieved through Big Data which makes use of the process of business intelligence to elevate strategic and operational decision-making. This paper is an attempt to conduct a full-scale review on big data researches and its effects on the decision-making affair in an industry. We plan to consolidate previous findings on big data to provide more functional decision-making solutions and these data are further described using data analytics tools/predictive models to derive conclusions directing towards progressive judgements.
- 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.
Cite this article
TY - CONF AU - R. Akshaya AU - Varsha Ravi AU - S. Raja Lakshmi AU - R. Aparna PY - 2023 DA - 2023/05/10 TI - Big Data to Big Impact: Effect of Big Data in Modern Decision Making BT - Proceedings of the International Conference on Emerging Trends in Business & Management (ICETBM 2023) PB - Atlantis Press SP - 363 EP - 373 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-162-3_32 DO - 10.2991/978-94-6463-162-3_32 ID - Akshaya2023 ER -