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      Big data in the business environment: An analysis of its contributions to Competitiveness. A Literature Review Translated title: Big data en el entorno empresarial: Un análisis de sus contribuciones a la Competitividad. Una Revisión de la Literatura

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          Abstract

          Abstract In the era of Industry 4.0, characterized by transformative technological advancements reshaping manufacturing processes, big data has become a common practice in business intelligence. It encompasses the use of data with advanced analytics techniques and plays an important role in business aspects and customer choice. In this context, the primary goal of this research is to comprehend the relationship between big data and the competitiveness of businesses. The research is based on a review of 83 articles published on the Web of Science in the period 2016 and 2023. Through cluster analysis, four groups of research categories are identified in this area (big data and AI in Industry 4.0, analysis of data for decision-making, big data and business innovation, and Internet of Things as a data source). The practical implications of this research are pertinent to organizational management activities involving innovation processes and decision-making, with direct implications for small and midsize enterprises competitiveness. On a theoretical level, the identified categories provide a framework for future research in understanding the connection between big data and competitiveness in the context of industry 4.0.

          Translated abstract

          Resumen En la era de la Industria 4.0, caracterizada por avances tecnológicos transformadores que dan forma a los procesos de fabricación, el big data se ha convertido en una práctica común en la inteligencia empresarial. Este abarca el uso de datos con técnicas avanzadas de análisis y desempeña un papel importante en los aspectos comerciales y la elección del cliente. En este contexto, el objetivo principal de esta investigación es comprender la relación entre el big data y la competitividad empresarial. La investigación se basa en una revisión de 83 artículos publicados en la Web of Science en el período de 2016 a 2023. A través del análisis de clusters, se identifican cuatro grupos de categorías de investigación en esta área (big data y IA en la Industria 4.0, análisis de datos para la toma de decisiones, innovación empresarial y big data, y el Internet de las cosas como fuente de datos). Las implicaciones prácticas de esta investigación son pertinentes para las actividades de gestión organizacional relacionadas con procesos de innovación y toma de decisiones, con implicaciones directas para la competitividad de las pequeñas y medianas empresas. A nivel teórico, las categorías identificadas proporcionan un marco para futuras investigaciones en la comprensión de la conexión entre el big data y la competitividad en el contexto de la Industria 4.0.

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          Most cited references74

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          Towards a Methodology for Developing Evidence-Informed Management Knowledge by Means of Systematic Review

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            Beyond the hype: Big data concepts, methods, and analytics

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                Author and article information

                Journal
                inco
                Ingeniería y competitividad
                Ing. compet.
                Facultad de Ingeniería, Universidad del Valle (Cali, Valle del Cauca, Colombia )
                0123-3033
                2027-8284
                April 2024
                : 26
                : 1
                : e-30113288
                Affiliations
                [1] Bogotá orgnameFundación Universitaria Compensar Colombia omarleon@ 123456ucompensar.edu.co
                Author information
                https://orcid.org/0000-0001-5554-8215
                https://orcid.org/0009-0006-7743-9304
                Article
                S0123-30332024000100023 S0123-3033(24)02600100023
                10.25100/iyc.v26i1.13288
                af3303b0-8022-475b-8c6a-a0355979ee8d

                This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

                History
                : 17 October 2023
                : 22 January 2024
                Page count
                Figures: 0, Tables: 0, Equations: 0, References: 78, Pages: 0
                Product

                SciELO Colombia

                Categories
                Review article

                Industria 4.0,competitividad empresarial,Big data,decision-making,innovation,industry 4.0,business competitiveness,innovación,toma de decisiones

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