Four steps to realizing business value from digital data streams

Authors

Abhijith Anand, University of Technology SydneyFollow
Rajeev Sharma, University of Technology SydneyFollow
Tim Coltman, University of WollongongFollow

RIS ID

110497

Publication Details

Anand, A., Sharma, R. & Coltman, T. (2016). Four steps to realizing business value from digital data streams. MIS Quarterly Executive: a research journal dedicated to improving practice, 15 (4), 259-277.

Link to publisher version (URL)

MIS Quarterly Executive

Abstract

Based on four case studies and a follow-up survey, we have identified the key success factors for realizing value from DDS (digital data stream) investments. But managers need to pay attention to the combinations of success factors. A key finding is that value realization is improved when the agility of the resource allocation process is appropriate for the levels both of DDS platform maturity and of commitment from data-driven top management. We present a four-step sequence and a decision framework for putting the optimum combination of success factors in place.

Grant Number

ARC/LP120100422