Big Data Analytics for Real-Time Decision-making in Business
With the ever-changing digital world, more and more businesses are turning to Big Data Analytics to revolutionize business intelligence and improve decision-making. This paper explores the transformative role of Big Data Analytics in enhancing real-time decision-making across various business sectors. By analyzing vast and diverse data sources through technologies like machine learning and predictive analytics, businesses gain actionable insights that improve efficiency, customer satisfaction, and strategic planning. The study adopts a mixed-methods approach, integrating qualitative interviews and quantitative surveys to assess the implementation and impact of big data in real-world business contexts. Case studies highlight improvements in areas such as inventory optimization, risk management, and financial forecasting. The findings demonstrate that data-driven decisions significantly enhance operational performance and competitive advantage.
Authors
- Anmol Takkar
Institutions
- Northwood University (US)
Publication Details
- Journal
- International Journal For Multidisciplinary Research
- Published
- 2025-04-22
- DOI
- https://doi.org/10.36948/ijfmr.2025.v07i02.42526
- Primary Topic
- Big Data and Business Intelligence
- Type
- article
- Field-Weighted Citation Impact
- 0.00