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The Frontiers of Society, Science and Technology, 2024, 6(1); doi: 10.25236/FSST.2024.060122.

Research on the impact of big data on enterprise decision-making

Author(s)

Cui Le1,2

Corresponding Author:
Cui Le
Affiliation(s)

1Anshan Normal University, Anshan City, China

2University of Perpetual Help System DALTA, Las Piñas City, 1740 Philippines

Abstract

The purpose of this paper is to explore in depth the impact of big data on business decision-making. By providing an overview of the application of big data in business and its relationship with enterprise management, this paper analyses the specific impact of big data on enterprise decision-making process, decision-making efficiency and decision-making accuracy. In addition, using Target Corporation as an example, the paper analyses in detail the refined application of big data in corporate decision-making, as well as the decision-making outcomes and far-reaching impacts driven by it. The findings show that big data not only optimises the decision-making process and improves decision-making efficiency, but also significantly improves the accuracy of decision-making and brings substantial business value to enterprises. Based on these findings, this paper provides insights and suggestions on how enterprises can better utilise big data for decision-making.

Keywords

Big data, Enterprise decision making, Impact study

Cite This Paper

Cui Le. Research on the impact of big data on enterprise decision-making. The Frontiers of Society, Science and Technology (2024) Vol. 6, Issue 1: 130-135. https://doi.org/10.25236/FSST.2024.060122.

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