An overview of smart data-driven businesses

Authors

  • Hamed Nozari Faculty of Industrial Engineering, Iran University of Science and Technology, Tehran, Iran
  • Ali Bakhshi-Movahed Faculty of Industrial Engineering, Iran University of Science and Technology, Tehran, Iran

Keywords:

Smart business, Data driven business, Smart processes, Data science

Abstract

Most organizations and companies invest their financial resources in collecting, storing, securing and analyzing data. Becoming a "data-driven" business is not always easy, and there are likely to be obstacles. It will exist in this way, which is why data and technology alone will not make an organization more successful. Rather, it is necessary to change the way of thinking and efforts of management and employees. Coordinating change and making it happen effectively requires executive support, agility, data efficiency, and a broad, engaged community to ensure that the mission, goals, and needs of the entire business are met. In this research, we will focus on this important topic.

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References

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Published

2024-04-06

How to Cite

Nozari, H., & Bakhshi-Movahed, A. (2024). An overview of smart data-driven businesses. International Scientific Hub, 1–17. Retrieved from https://books.iscihub.com/index.php/ISCIHB/article/view/41

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