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Business and Data Management Capabilities for the Digital Economy : White Paper
ISBN
978-3-033-05046-4
Type
work report
Date Issued
2015-05-01
Author(s)
Research Team
Team CC CDQ
Abstract
Buzzwords like big data, the Internet of Things, mobile computing, or Industry 4.0 all build on the conviction that the importance of data and information will keep growing both for businesses and for society as a whole. Data management departments need to revise their existing architectures and processes to get ready for the new require-ments, for example regarding data availability, data integration, and data credibility. The report builds on insights collected from the CC CDQ workshops and bilateral pro-jects taking place in 2014. It aims at providing data managers of medium and large enterprises from all industries with useful background information and practical guid-ance for their journey towards the digital economy.
More precisely, the report
- contributes to a common understanding of the major technological, economic and social drivers behind the evolution of the "digital economy",
- specifies the implications the digital economy has on data management re-quirements,
- shows how companies react to these new requirements in five short exemplary cases,
- presents a business and data management capability framework for companies operating in the digital economy, and
- describes a possible roadmap for data managers to follow on their company's journey towards digitization.
More precisely, the report
- contributes to a common understanding of the major technological, economic and social drivers behind the evolution of the "digital economy",
- specifies the implications the digital economy has on data management re-quirements,
- shows how companies react to these new requirements in five short exemplary cases,
- presents a business and data management capability framework for companies operating in the digital economy, and
- describes a possible roadmap for data managers to follow on their company's journey towards digitization.
Project(s)
Language
English
Keywords
digitization
capabilities
digital Business models
HSG Classification
contribution to practical use / society
HSG Profile Area
SoM - Business Innovation
Refereed
No
Publisher
Own publication
Subject(s)
Division(s)
Eprints ID
244405