Debating big data: A literature review on realizing value from big data

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

Big data has been considered to be a breakthrough technological development over recent years. Notwithstanding, we have as yet limited understanding of how organizations translate its potential into actual social and economic value. We conduct an in-depth systematic review of IS literature on the topic and identify six debates central to how organizations realize value from big data, at different levels of analysis. Based on this review, we identify two socio-technical features of big data that influence value realization: portability and interconnectivity. We argue that, in practice, organizations need to continuously realign work practices, organizational models, and stakeholder interests in order to reap the benefits from big data. We synthesize the findings by means of an integrated model.

LanguageEnglish
Pages191-209
Number of pages19
JournalJournal of Strategic Information Systems
Volume26
Issue number3
DOIs
Publication statusPublished - 1 Sep 2017

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Economics
Literature review
Big data
Stakeholders
Systematic review
Work practices
Technological development
Economic value
Levels of analysis
Portability
Integrated model
Social values

Keywords

  • Analytics
  • Big data
  • Interconnectivity
  • Literature review
  • Portability
  • Value realization

Cite this

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abstract = "Big data has been considered to be a breakthrough technological development over recent years. Notwithstanding, we have as yet limited understanding of how organizations translate its potential into actual social and economic value. We conduct an in-depth systematic review of IS literature on the topic and identify six debates central to how organizations realize value from big data, at different levels of analysis. Based on this review, we identify two socio-technical features of big data that influence value realization: portability and interconnectivity. We argue that, in practice, organizations need to continuously realign work practices, organizational models, and stakeholder interests in order to reap the benefits from big data. We synthesize the findings by means of an integrated model.",
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