An Overview of Big Data for Growth in SMEs

Sen, Doruk; Öztürk, Melike; Vayvay, Özalp

doi:10.1016/j.sbspro.2016.11.011

Cited by 88 publications

(86 citation statements)

References 15 publications

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“…Technology and innovations are considered one of its key drivers as strategic goals for SME development and big data (Sen, Ozturk, & Vayvay, 2016). The ability to analyse and forecast business and consumer behaviour with big data is a new paradigm change for SMEs.…”

Section: Smes Big Data Analytics Challengesmentioning

confidence: 99%

Investigating Determinants Of Big Data Analytics Adoption In Malaysian Smes

Hong¹

2020

European Proceedings of Social and Behavioural Sciences

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Section: Smes Big Data Analytics Challengesmentioning

confidence: 99%

Investigating Determinants Of Big Data Analytics Adoption In Malaysian Smes

Hong¹

2020

European Proceedings of Social and Behavioural Sciences

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“…As such, SMEs think that the ROI from big data analytics is uncertain. According to [32], SMEs can big data to nurture alliances with other SMEs and create real-time solutions to overcome their challenges. However, that would also mean that SMEs need to introduce openness in their decision making.…”

Section: Smes Awareness Of Big Datamentioning

confidence: 99%

A study of big data for business growth in SMEs: Opportunities & challenges

Iqbal

Kazmi

Manzoor

et al. 2018

2018 International Conference on Computing, Mathematics and Engineering Technologies (iCoMET)

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In today's world the data is considered as an extremely valued asset and its volume is increasing exponentially every day. This voluminous data is also known as Big Data. The Big Data can be described by 3Vs: the extreme Volume of data, the wide Variety of data types, and the Velocity required processing the data. Business companies across the globe, from multinationals to small and medium enterprises (SMEs), are discovering avenues to use this data for their business growth. In order to bring significant change in businesses growth the use of Big Data is foremost important. Nowadays, mostly business organization, small or big, wishes valuable and accurate information in decision-making process. Big data can help SMEs to anticipate their target audience and customer preferences and needs. Simply, there is a dire necessity for SMEs to seriously consider big data adoption. This study focusses on SMEs due to the fact that SMEs are backbone of any economy and have ability and flexibility for quicker adaptation to changes towards productivity. The big data holds different contentious issues such as; suitable computing infrastructure for storage, processing and producing functional information from it, and security and privacy issues. The objective of this study is to survey the main potentials & threats to Big Data and propose the best practices of Big Data usage in SMEs to improve their business process.

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“…‘SMEs have more flexible IT infrastructure, fewer legacy issues and quick adaptability nature. With the use of Big Data; SMEs can create new businesses, gain higher efficiency and focus on innovation’ (Sen, Ozturk and Vayvay, , p. 165).…”

Section: Towards Sustainable Communities and Ecosystems: Cities Govementioning

confidence: 99%

Towards Sustainable Ecosystems

Romanelli

2018

Syst. Res

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Within knowledge-oriented, digital-enabled economies and open societies cities as communities, governments, businesses and people cooperate to co-create value and develop innovation for sustainable growth. Digital business ecosystems should enable value creation and development. Technology opens new opportunities for knowledge sharing and value creation and stresses the concept of business and digital ecosystem. Information and communication technology supports sustainability and provides a platform for designing and implementing sustainable development within the society. Smart cities as communities, small and medium-sized enterprises as companies developing innovation and governments going digital contribute to designing sustainable digital ecosystems. People, businesses, cities, communities and public organizations should contribute to co-creating value within society. Within digital business ecosystems cities, communities, governments' agencies, businesses, civil society and people interact directly by promoting new ways for sustainable and responsible development.

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An Overview of Big Data for Growth in SMEs

Cited by 88 publications

References 15 publications

Investigating Determinants Of Big Data Analytics Adoption In Malaysian Smes

Investigating Determinants Of Big Data Analytics Adoption In Malaysian Smes

A study of big data for business growth in SMEs: Opportunities & challenges

Towards Sustainable Ecosystems

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