A case analysis of embryonic data mining success

Within highly competitive business environments, data mining (DM) is viewed as a significant technology to enhance decision-making processes by transforming data into valuable and actionable information to gain competitive advantage. There appears, however, to be a dearth of empirical case studies w...

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Veröffentlicht in:International journal of information management 2015-04, Vol.35 (2), p.253-259
Hauptverfasser: Bole, Uroš, Popovič, Aleš, Žabkar, Jure, Papa, Gregor, Jaklič, Jurij
Format: Artikel
Sprache:eng
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Zusammenfassung:Within highly competitive business environments, data mining (DM) is viewed as a significant technology to enhance decision-making processes by transforming data into valuable and actionable information to gain competitive advantage. There appears, however, to be a dearth of empirical case studies which consider in detail the initial stages in DM management to enable apt foundation for its later successful implementation. Our research applied a multi-method strategy to determine the critical success factors of embryonic DM implementation. We propose and validate, through a series of cases, a conceptual framework to guide practitioners’ adoption of DM. Our findings reveal additional issues for applied decision making in the context of DM success.
ISSN:0268-4012
1873-4707
DOI:10.1016/j.ijinfomgt.2014.12.001