Title
Big Data and Analytics: Issues, Solutions, and ROI
Abstract
Recently, the topic of big data and analytics has received renewed attention from academia and practitioners. There has been an increase in demand for skills in big data and analytics due to the increasing speed, variety, and volume of information. Several research reports have shown that big data and analytics remain top priority for CIOs. A recent study shows how a company accurately predicted a teen girl's pregnancy via the company's big data algorithm. However, there are dark sides to big data and analytics. A panel discussion addressed topics concerning how companies ensure that big data projects clearly define measurable goals up front, methods that companies use to ensure maximum return and most effectively, and ways that companies evolve culture, processes, and technology to simultaneously maximize return. Most companies are looking at how they can effectively manage their business more through using their data assets. Companies today target an average return of $3.50 dollars for every dollar spent on big data projects. However, most are only returning a fraction of that today, which leaves room for improvement and the possibility that organizations will push back against new analytic technologies. In this paper, we cover these topics that a panel of researchers at AMCIS 2014 in Savannah, GA, discussed.
Year
Venue
Keywords
2015
COMMUNICATIONS OF THE ASSOCIATION FOR INFORMATION SYSTEMS
Big Data,Analytics,Structured and Ill-Structured Data,Specific Issues,Big Data Projects,Return on Investment (ROI)
Field
DocType
Volume
Data science,Knowledge management,Panel discussion,Engineering,Analytics,Big data,Liberian dollar
Journal
37
ISSN
Citations 
PageRank 
1529-3181
4
0.43
References 
Authors
4
4
Name
Order
Citations
PageRank
J. P. Shim176353.06
Aaron M. French2439.59
chengqi guo340.43
joey jablonski440.43