Abstract
Firms need comprehensive knowledge and understanding of the opportunities available in the market by creating supply market intelligence (SMI). SMI can facilitate in finding the best partners and combination of capabilities within collaborative networks (CN). However, despite of its evident managerial relevance, SMI is still little researched topic. Simultaneously, big data analytics (BDA) has developed rapidly, becoming vital for businesses across industries. The objective of this paper is recognizing the importance of SMI and opportunities of BDA through qualitative research. The data derives from two focus group discussions of 75 purchasing professionals and six qualitative interviews of BDA experts. This research contributes to our understanding of the opportunities of BDA in creating systematic SMI to reinforce strategic collaboration, and to the understanding of knowledge as a strategic resource for forming strategic CN. Collaborative big data intelligence creates value through, for instance, creating transparency in business processes and discovering market changes.
| Original language | English |
|---|---|
| Title of host publication | Collaboration in a Data-Rich World |
| Number of pages | 12 |
| Place of Publication | Cham, Germany |
| Publisher | Springer |
| Publication date | 22.08.2017 |
| Pages | 194-205 |
| ISBN (Print) | 978-3-319-65150-7 |
| ISBN (Electronic) | 978-3-319-65151-4 |
| DOIs | |
| Publication status | Published - 22.08.2017 |
| MoE publication type | A4 Article in conference proceedings |
| Event | 18th IFIP WG 5.5 Working Conference on Virtual Enterprises, PRO-VE 2017 - Vicenza, Italy Duration: 18.09.2017 → 20.09.2017 |
Publication series
| Name | IFIP Advances in Information and Communication Technology |
|---|---|
| Publisher | Springer |
| Volume | 506 |
| ISSN (Print) | 1868-4238 |
Keywords
- 512 Business and Management
- Supply market intelligence
- Big data analytics
- Strategic collaboration
- Data-rich systems
- Collaborative big data intelligence