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Internet of Things and Big Data as enablers for business digitalization strategies
Digitization blurs the lines between technology and management, facilitating new business models built upon the concepts, methods and tools of the digital environment. The purpose of this study is to investigate the role of the Internet of Things (IoT) and Big Data in terms of how businesses manage...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier Ltd.
2020
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7417898/ http://dx.doi.org/10.1016/j.technovation.2020.102173 |
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author | Sestino, Andrea Prete, Maria Irene Piper, Luigi Guido, Gianluigi |
author_facet | Sestino, Andrea Prete, Maria Irene Piper, Luigi Guido, Gianluigi |
author_sort | Sestino, Andrea |
collection | PubMed |
description | Digitization blurs the lines between technology and management, facilitating new business models built upon the concepts, methods and tools of the digital environment. The purpose of this study is to investigate the role of the Internet of Things (IoT) and Big Data in terms of how businesses manage their digital transformation. The paper argues that the outbreak of IoT and Big Data has resulted in a mass of disorganized knowledge. In order to make sense of the noise, a literature review was carried out to examine the studies, published in the last decade (2008–2019), that analyzed both the Internet of Things and Big Data. The results show that IoT and Big Data are predominantly reengineering factors for business processes, products and services; however, a lack of widespread knowledge and adoption has led research to evolve into multiple, yet inconsistent paths. The study offers interesting implications for managers and marketers, highlighting how the digital transformation enabled by IoT and Big Data can positively impact many facets of business. By treating IoT and Big Data as faces of the same coin, this study also sheds light on current challenges and opportunities, with the hope of informing future research and practice. |
format | Online Article Text |
id | pubmed-7417898 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2020 |
publisher | Elsevier Ltd. |
record_format | MEDLINE/PubMed |
spelling | pubmed-74178982020-08-11 Internet of Things and Big Data as enablers for business digitalization strategies Sestino, Andrea Prete, Maria Irene Piper, Luigi Guido, Gianluigi Technovation Article Digitization blurs the lines between technology and management, facilitating new business models built upon the concepts, methods and tools of the digital environment. The purpose of this study is to investigate the role of the Internet of Things (IoT) and Big Data in terms of how businesses manage their digital transformation. The paper argues that the outbreak of IoT and Big Data has resulted in a mass of disorganized knowledge. In order to make sense of the noise, a literature review was carried out to examine the studies, published in the last decade (2008–2019), that analyzed both the Internet of Things and Big Data. The results show that IoT and Big Data are predominantly reengineering factors for business processes, products and services; however, a lack of widespread knowledge and adoption has led research to evolve into multiple, yet inconsistent paths. The study offers interesting implications for managers and marketers, highlighting how the digital transformation enabled by IoT and Big Data can positively impact many facets of business. By treating IoT and Big Data as faces of the same coin, this study also sheds light on current challenges and opportunities, with the hope of informing future research and practice. Elsevier Ltd. 2020-12 2020-08-11 /pmc/articles/PMC7417898/ http://dx.doi.org/10.1016/j.technovation.2020.102173 Text en © 2020 Elsevier Ltd. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active. |
spellingShingle | Article Sestino, Andrea Prete, Maria Irene Piper, Luigi Guido, Gianluigi Internet of Things and Big Data as enablers for business digitalization strategies |
title | Internet of Things and Big Data as enablers for business digitalization strategies |
title_full | Internet of Things and Big Data as enablers for business digitalization strategies |
title_fullStr | Internet of Things and Big Data as enablers for business digitalization strategies |
title_full_unstemmed | Internet of Things and Big Data as enablers for business digitalization strategies |
title_short | Internet of Things and Big Data as enablers for business digitalization strategies |
title_sort | internet of things and big data as enablers for business digitalization strategies |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7417898/ http://dx.doi.org/10.1016/j.technovation.2020.102173 |
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