REAL-TIME BUSINESS INTELLIGENCE: LEVERAGING IOT AND BIG DATA ANALYTICS FOR ENHANCED DECISION-MAKING

This research article explores the transformative impact of real-time business intelligence (BI) by integrating the Internet of Things (IoT) and Big Data analytics.As organizations increasingly rely on data-driven decisionmaking, gathering, analyzing, and leveraging real-time information has become critical.This study investigates how IoT devices facilitate the continuous flow of data while Big Data analytics provides the tools for processing and interpreting this information.By examining case studies across various sectors, including healthcare, manufacturing, and retail, we highlight the significant improvements in operational efficiency, customer engagement, and strategic planning that arise from these technologies.The findings reveal the opportunities and challenges of implementing real-time BI, emphasizing the need for robust data governance, security measures, and integration strategies.Ultimately, this research underscores organizations' need to adapt to this evolving landscape to maintain competitive advantages in an increasingly data-centric world.

Publication Details

Journal
International Research Journal of Modernization in Engineering Technology and Science
Published
2024-12-20
DOI
https://doi.org/10.56726/irjmets26006
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
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article

REAL-TIME BUSINESS INTELLIGENCE: LEVERAGING IOT AND BIG DATA ANALYTICS FOR ENHANCED DECISION-MAKING

International Research Journal of Modernization in Engineering Technology and Science
Big Data and Business Intelligence
article

REAL-TIME BUSINESS INTELLIGENCE: LEVERAGING IOT AND BIG DATA ANALYTICS FOR ENHANCED DECISION-MAKING

article en

Abstract

This research article explores the transformative impact of real-time business intelligence (BI) by integrating the Internet of Things (IoT) and Big Data analytics.As organizations increasingly rely on data-driven decisionmaking, gathering, analyzing, and leveraging real-time information has become critical.This study investigates how IoT devices facilitate the continuous flow of data while Big Data analytics provides the tools for processing and interpreting this information.By examining case studies across various sectors, including healthcare, manufacturing, and retail, we highlight the significant improvements in operational efficiency, customer engagement, and strategic planning that arise from these technologies.The findings reveal the opportunities and challenges of implementing real-time BI, emphasizing the need for robust data governance, security measures, and integration strategies.Ultimately, this research underscores organizations' need to adapt to this evolving landscape to maintain competitive advantages in an increasingly data-centric world.

International Research Journal of Modernization in Engineering Technology and Science
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Big Data and Business Intelligence
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