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.

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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
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article

Big Data Analytics for Real-Time Decision-making in Business

Anmol Takkar
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International Journal For Multidisciplinary Research
Big Data and Business Intelligence
article

Big Data Analytics for Real-Time Decision-making in Business

Anmol Takkar
article en

Abstract

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.

International Journal For Multidisciplinary ResearchVol. 7(2)
Northwood University (US)
Openalex Percentile: Top 87%
Big Data and Business Intelligence
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