Implementing Data Science and Big Data Analytics to Their Full Potential: Protocols for Gaining Useful Understanding and Promoting Data-Driven Innovation

The proper implementation of data science and big data analytics has become an essential component for gaining valuable insight and driving innovation across a variety of industries in this era, which is characterized by the constant presence of data. The strategies and protocols that are necessary to fully exploit the promise of these transformational technologies are investigated in depth by this research. A complete framework for enterprises to harness their data assets is the goal of the study, which will be accomplished by analyzing the fundamental principles of data science as well as the difficulties connected with big data. A number of advanced analytics methods, including machine learning, predictive modeling, and natural language processing, are being investigated as potential integrations into the decision-making process as part of this research. The relevance of data governance, quality, and the ethical considerations that surround data usage are also discussed in this document. It is demonstrated in this study that data-driven insights may lead to strategic advantages, operational efficiencies, and the development of creative goods and services. This is accomplished through a number of case studies and practical examples. In order for businesses to make the most of the potential that are given by data science and big data analytics, it is vital for them to have a culture of data literacy as well as a robust infrastructure, according to the results made. At the end of the study, a collection of best practices and recommendations for businesses and governments to implement in order to cultivate a data-driven environment that encourages innovation and usage of data in a responsible manner are presented. In light of the findings of this study, it is clear that data science and big data analytics require a more comprehensive approach, one that strikes a balance between technological capabilities, organizational readiness, and the influence on society.

Authors

Institutions

Publication Details

Published
2024-10-04
DOI
https://doi.org/10.1109/gcat62922.2024.10924006
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Implementing Data Science and Big Data Analytics to Their Full Potential: Protocols for Gaining Useful Understanding and Promoting Data-Driven Innovation

T. Vijayanandh, M Arthy, A Sumalatha, T. Ramesh et al.
Big Data and Business Intelligence
article

Implementing Data Science and Big Data Analytics to Their Full Potential: Protocols for Gaining Useful Understanding and Promoting Data-Driven Innovation

T. Vijayanandh, M Arthy, A Sumalatha, T. Ramesh, S. P. Karuppiah, S. B. Nivethitha
article en

Abstract

The proper implementation of data science and big data analytics has become an essential component for gaining valuable insight and driving innovation across a variety of industries in this era, which is characterized by the constant presence of data. The strategies and protocols that are necessary to fully exploit the promise of these transformational technologies are investigated in depth by this research. A complete framework for enterprises to harness their data assets is the goal of the study, which will be accomplished by analyzing the fundamental principles of data science as well as the difficulties connected with big data. A number of advanced analytics methods, including machine learning, predictive modeling, and natural language processing, are being investigated as potential integrations into the decision-making process as part of this research. The relevance of data governance, quality, and the ethical considerations that surround data usage are also discussed in this document. It is demonstrated in this study that data-driven insights may lead to strategic advantages, operational efficiencies, and the development of creative goods and services. This is accomplished through a number of case studies and practical examples. In order for businesses to make the most of the potential that are given by data science and big data analytics, it is vital for them to have a culture of data literacy as well as a robust infrastructure, according to the results made. At the end of the study, a collection of best practices and recommendations for businesses and governments to implement in order to cultivate a data-driven environment that encourages innovation and usage of data in a responsible manner are presented. In light of the findings of this study, it is clear that data science and big data analytics require a more comprehensive approach, one that strikes a balance between technological capabilities, organizational readiness, and the influence on society.

Vel Tech Rangarajan Dr. Sagunthala R&D Institute of Science and Technology (IN), SRM Institute of Science and Technology (IN), Saint Joseph's College (US), Dean College (US), St. Joseph’s College of Engineering (IN)
Industry, innovation and infrastructure
Openalex Percentile: Top 55%
Big Data and Business Intelligence
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.