Leveraging internet of things and big data analytics initiatives in European and American firms

is data quality a way to extract business value?

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

Big data analytics (BDA) and the Internet of Things (IoT) tools are considered crucial investments for firms to distinguish themselves among competitors. Drawing on a strategic management perspective, this study proposes that BDA and IoT capabilities can create significant value in business processes if supported by a good level of data quality, which will lead to a better competitive advantage. Responses are collected from 618 European and American firms that use IoT and BDA applications. Partial least squares results reveal that better data quality is needed to unlock the value of IoT and BDA capabilities.

Original languageEnglish
Article number103141
Pages (from-to)1-16
Number of pages16
JournalInformation and Management
Volume57
Issue number1
Early online date7 Jan 2019
DOIs
Publication statusPublished - 1 Jan 2020

Fingerprint

Industry
Big data
Internet of things
Data quality
Business value
Competitors
Competitive advantage
Business process
Strategic management
Partial least squares

Keywords

  • Big data analytics
  • Dynamics capability theory
  • Internet of things
  • Knowledge-based theory
  • Strategic management

Cite this

@article{8ba288921c1d410e96bb5aabaf6234bc,
title = "Leveraging internet of things and big data analytics initiatives in European and American firms: is data quality a way to extract business value?",
abstract = "Big data analytics (BDA) and the Internet of Things (IoT) tools are considered crucial investments for firms to distinguish themselves among competitors. Drawing on a strategic management perspective, this study proposes that BDA and IoT capabilities can create significant value in business processes if supported by a good level of data quality, which will lead to a better competitive advantage. Responses are collected from 618 European and American firms that use IoT and BDA applications. Partial least squares results reveal that better data quality is needed to unlock the value of IoT and BDA capabilities.",
keywords = "Big data analytics, Dynamics capability theory, Internet of things, Knowledge-based theory, Strategic management",
author = "Nadine C{\^o}rte-Real and Pedro Ruivo and Tiago Oliveira",
note = "C{\^o}rte-Real, N., Ruivo, P., & Oliveira, T. (2020). Leveraging internet of things and big data analytics initiatives in European and American firms: is data quality a way to extract business value? Information and Management, 57(1), 1-16. [103141]. [Advanced online publication on 7 January 2019] doi: https://doi.org/10.1016/j.im.2019.01.003",
year = "2020",
month = "1",
day = "1",
doi = "10.1016/j.im.2019.01.003",
language = "English",
volume = "57",
pages = "1--16",
journal = "Information & Management",
issn = "0378-7206",
publisher = "Elsevier Science B.V., Amsterdam.",
number = "1",

}

TY - JOUR

T1 - Leveraging internet of things and big data analytics initiatives in European and American firms

T2 - is data quality a way to extract business value?

AU - Côrte-Real, Nadine

AU - Ruivo, Pedro

AU - Oliveira, Tiago

N1 - Côrte-Real, N., Ruivo, P., & Oliveira, T. (2020). Leveraging internet of things and big data analytics initiatives in European and American firms: is data quality a way to extract business value? Information and Management, 57(1), 1-16. [103141]. [Advanced online publication on 7 January 2019] doi: https://doi.org/10.1016/j.im.2019.01.003

PY - 2020/1/1

Y1 - 2020/1/1

N2 - Big data analytics (BDA) and the Internet of Things (IoT) tools are considered crucial investments for firms to distinguish themselves among competitors. Drawing on a strategic management perspective, this study proposes that BDA and IoT capabilities can create significant value in business processes if supported by a good level of data quality, which will lead to a better competitive advantage. Responses are collected from 618 European and American firms that use IoT and BDA applications. Partial least squares results reveal that better data quality is needed to unlock the value of IoT and BDA capabilities.

AB - Big data analytics (BDA) and the Internet of Things (IoT) tools are considered crucial investments for firms to distinguish themselves among competitors. Drawing on a strategic management perspective, this study proposes that BDA and IoT capabilities can create significant value in business processes if supported by a good level of data quality, which will lead to a better competitive advantage. Responses are collected from 618 European and American firms that use IoT and BDA applications. Partial least squares results reveal that better data quality is needed to unlock the value of IoT and BDA capabilities.

KW - Big data analytics

KW - Dynamics capability theory

KW - Internet of things

KW - Knowledge-based theory

KW - Strategic management

UR - http://www.scopus.com/inward/record.url?scp=85059737130&partnerID=8YFLogxK

U2 - 10.1016/j.im.2019.01.003

DO - 10.1016/j.im.2019.01.003

M3 - Article

VL - 57

SP - 1

EP - 16

JO - Information & Management

JF - Information & Management

SN - 0378-7206

IS - 1

M1 - 103141

ER -