IDEAS home Printed from https://ideas.repec.org/a/jfr/rwe111/v10y2019i4p92-96.html

Usage of Big Data Technology in Controlling

Author

Listed:
  • Karolina Rybicka

Abstract

Business units meet many dynamic and unexpected changes occurring in their surrounding. They want to be competitive and that is why they must deal with uncertainty and risk. Digital revolution is present in all societies. Changes caused by usage of new technologies based on ICT technologies and Internet change the business. Nowadays enterprises must adjust to new determinants and to introduce digital technologies into their management processes, controlling systems. Companies now require fast and accurate information. Big Data technology brings to modern companies many technological opportunities. Big Data allows the creation of new business models, proper analysis of customer behavior, facilitates risk and financial management of the company, optimizes processes occurring inside the enterprise and increases the efficiency of IT systems operating in controlling of business unit. The aim of the paper is to present some theoretical issues connected with the use of Big Data technology in businesses, especially within systems of controlling (¡°Controlling¡± in the meaning used by German speaking scientists). Digital revolution with usage of social media in business activity or Big Data technology changed the controlling systems, because now controllers must deal with such huge datasets to improve their businesses. With usage of Big Data technology, despite some challenges occurred, modern enterprises can deal with success with such large volume of data (not only financial, but now also non-financial) in order to proper better forecasts and decisions. There are presented some issues connected with usage of Big Data technology in controlling systems of companies.

Suggested Citation

  • Karolina Rybicka, 2019. "Usage of Big Data Technology in Controlling," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(4), pages 92-96, December.
    • Handle: RePEc:jfr:rwe111:v:10:y:2019:i:4:p:92-96
    DOI: 10.5430/rwe.v10n4p92
    as

    Download full text from publisher

    File URL: http://www.sciedu.ca/journal/index.php/rwe/article/view/16907/10491
    Download Restriction: no
    File URL: http://www.sciedu.ca/journal/index.php/rwe/article/view/16907
    Download Restriction: no
    File URL: https://libkey.io/10.5430/rwe.v10n4p92?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. François-Xavier de Vaujany & Vladislav V. Fomin & Stefan Haefliger & Kalle Lyytinen, 2018. "Rules, Practices, and Information Technology: A Trifecta of Organizational Regulation," Information Systems Research, INFORMS, vol. 29(3), pages 755-773, September.
    2. François-Xavier de Vaujany & Wlad Fomin & Stefan Haefliger & Kalle Lyytinen, 2018. "Rules, Practices and Information Technology: A Trifecta of Organizational Regulation," Post-Print hal-01925292, HAL.
    3. van den Broek, Tijs & van Veenstra, Anne Fleur, 2018. "Governance of big data collaborations: How to balance regulatory compliance and disruptive innovation," Technological Forecasting and Social Change, Elsevier, vol. 129(C), pages 330-338.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Khalid Alzadjali & Amany Elbanna, 0. "Smart Institutional Intervention in the Adoption of Digital Infrastructure: The Case of Government Cloud Computing in Oman," Information Systems Frontiers, Springer, vol. 0, pages 1-16.
    2. Zamani, Efpraxia D. & Spanaki, Konstantina, 2023. "Affective temporal experiences and new work modalities: The role of Information and Communication Technologies," Journal of Business Research, Elsevier, vol. 154(C).
    3. François-Xavier de Vaujany, 2018. "Legitimation process in organizations and organizing: An ontological discussion," Post-Print halshs-01840927, HAL.
    4. Sean Hansen & A. James Baroody, 2020. "Electronic Health Records and the Logics of Care: Complementarity and Conflict in the U.S. Healthcare System," Information Systems Research, INFORMS, vol. 31(1), pages 57-75, March.
    5. François-Xavier de Vaujany, 2018. "Legitimation process in organizations and organizing: An ontological discussion 1," Post-Print halshs-01868090, HAL.
    6. François-Xavier de Vaujany & Sara Winterstorm Varlander & Emmanuelle Vaast, 2018. "At the intersection of materiality, organizational legitimacy and institutional logics: A study of campus tours 1," Post-Print halshs-01840928, HAL.
    7. François-Xavier de Vaujany & Jeremy Aroles & Pierre Laniray, 2019. "Towards a Political Philosophy of Management: Performativity & Visibility in management practices," Post-Print halshs-01868087, HAL.
    8. de Vaujany, François-Xavier & Dandoy, Aurore & Grandazzi, Albane & Faure, Stéphanie, 2019. "Experiencing a New Place as an Atmosphere: A Focus on Tours of Collaborative Spaces," Scandinavian Journal of Management, Elsevier, vol. 35(2).
    9. François-Xavier de Vaujany & Aurore Dandoy & Albane Grandazzi & Stéphanie Faure, 2019. "Experiencing a New Place as an Atmosphere: A Focus on Tours of Collaborative Spaces," Post-Print halshs-01868036, HAL.
    10. Khalid Alzadjali & Amany Elbanna, 2020. "Smart Institutional Intervention in the Adoption of Digital Infrastructure: The Case of Government Cloud Computing in Oman," Information Systems Frontiers, Springer, vol. 22(2), pages 365-380, April.
    11. Antragama Ewa Abbas & Thomas van Velzen & Hosea Ofe & Geerten van de Kaa & Anneke Zuiderwijk & Mark de Reuver, 2024. "Beyond control over data: Conceptualizing data sovereignty from a social contract perspective," Electronic Markets, Springer;IIM University of St. Gallen, vol. 34(1), pages 1-21, December.
    12. Shamim, Saqib & Zeng, Jing & Khan, Zaheer & Zia, Najam Ul, 2020. "Big data analytics capability and decision making performance in emerging market firms: The role of contractual and relational governance mechanisms," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    13. Volz, Felix & Münch, Christopher & Lohmüller, Marcel & Küffner, Christoph, 2025. "From data jungle to data governance in digital ecosystems: Empirical evidence from a multiple holistic case study," Journal of Business Research, Elsevier, vol. 201(C).
    14. Lukas Florian Bossler & Arne Buchwald & Kai Spohrer, 2025. "And No One Gets the Short End of the Stick: A Blockchain-Based Approach to Solving the Two-Sided Opportunism Problem in Interorganizational Information Sharing," Information Systems Research, INFORMS, vol. 36(3), pages 1565-1586, September.
    15. Lei Huang & Yandong Zhao & Liang Mei & Peiyi Wu & Zhihua Zhao & Yijun Mao, 2019. "Structural Holes in the Multi-Sided Market: A Market Allocation Structure Analysis of China’s Car-Hailing Platform in the Context of Open Innovation," Sustainability, MDPI, vol. 11(20), pages 1-20, October.
    16. Jonas Nienstedt & Manuel Trenz, 2025. "From sharing to profiting: Exploring the interplay between value creation and strategic appropriation in data ecosystems," Electronic Markets, Springer;IIM University of St. Gallen, vol. 35(1), pages 1-24, December.
    17. Dongqing Chen & Chaoqun Ma & Liwei Zhang & Lijie Li, 2025. "Unraveling the role of data sharing in open finance diffusion: an evolutionary game approach on complex networks," Future Business Journal, Springer, vol. 11(1), pages 1-28, December.
    18. Anassaya Chawviang & Supaporn Kiattisin, 2022. "Sustainable Development: Smart Co-Operative Management Framework," Sustainability, MDPI, vol. 14(6), pages 1-25, March.
    19. Guangyu Huang & Liqiong Shen, 2024. "The Bidirectional Relationship between Digital Transformation and Corporate Social Responsibility: A Legitimacy Perspective," Sustainability, MDPI, vol. 16(7), pages 1-21, April.
    20. Lianju Ning & Qifang Gao & Jingtao Liu, 2024. "How to Realize the Collaborative Supply of Cultural Resource Big Data with Government Participation: Experiences from China," Sustainability, MDPI, vol. 16(20), pages 1-21, October.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jfr:rwe111:v:10:y:2019:i:4:p:92-96. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gina Perry (email available below). General contact details of provider: http://rwe.sciedupress.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.