A valorization framework to strategically manage data for creating competitive value

Bonvino, Claudio; Giorgino, Marco

doi:10.1016/j.ijpe.2024.109152

International Journal of Production Economics

2024

DOI: 10.1016/j.ijpe.2024.109152

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A valorization framework to strategically manage data for creating competitive value

Claudio Bonvino,

Marco Giorgino

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Strategic Utilization of Analytics by Driving Business Value and Competitive Edge

Whig,

Yathiraju,

Jain

et al. 2024

Advances in Business Information Systems and Analytics

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In today's data-driven business landscape, the strategic utilization of analytics has become paramount for organizations seeking to gain a competitive advantage and drive business value. This chapter explores the transformative potential of leveraging analytics strategies to extract insights, make informed decisions, and propel organizational growth. The authors delve into various facets of analytics, including descriptive, diagnostic, predictive, and prescriptive analytics, elucidating their roles in uncovering trends, understanding customer behavior, and optimizing operations. Additionally, they examine the importance of data quality, governance, and ethics in ensuring the reliability and integrity of analytics initiatives. Through real-world case studies and examples, they illustrate how organizations across industries harness analytics to enhance decision-making, innovate products and services, and differentiate themselves in the marketplace. Moreover, they explore emerging trends and technologies shaping the future of analytics.

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Strategic Utilization of Analytics by Driving Business Value and Competitive Edge

Whig,

Yathiraju,

Jain

et al. 2024

Advances in Business Information Systems and Analytics

View full text Add to dashboard Cite

show abstract

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A valorization framework to strategically manage data for creating competitive value

Cited by 1 publication

References 68 publications

Strategic Utilization of Analytics by Driving Business Value and Competitive Edge

Strategic Utilization of Analytics by Driving Business Value and Competitive Edge

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