About BM of big data

This is an article about the BM of big data.

hello!

Today we will learn about the BM of big data.

Big data is an important resource used to create value by collecting, storing, and analyzing large amounts of data held by companies or organizations.

The business model of big data plays an important role in creating new business value and innovating existing business models by utilizing this large amount of data.

Big data business model

Data-based decision making

Big data business models play an important role in supporting decision-making and establishing business strategies by utilizing data held by companies or organizations.

Data-based decision-making complements existing decisions based on intuition or experience and provides new insights.

Customized services and products

Business models utilizing big data are used to provide customized services or products by analyzing individual customers’ behavior patterns, interests, and preferences.

This helps you improve customer experience and gain market competitiveness.

New revenue model

Big data is used to innovate existing business models and create new profit models. You can create new profits by commercializing data or providing data-based services.

Optimization of business processes

Business models using big data are used to analyze and optimize a company’s business processes.

Data can help you improve inefficient processes and increase productivity.

Conclusion

In this way, the business model of big data plays an important role in creating new value and driving business innovation centered on data.

It is being used to discover new business opportunities and strengthen competitiveness through data utilization and analysis.

thank you!