There has been a fair
amount of IS research on the information value chain, which is the cycle of converting data to information
to knowledge to decisions to actions and, thereby, generate additional data. Major bodies of IS research
pertaining to the information value chain have examined the derivation and management of knowledge
and decision making and actions; however, the effects of big data on the value chain remain relatively
unexplored
There has been a fair
amount of IS research on the information value chain, which is the cycle of converting data to information
to knowledge to decisions to actions and, thereby, generate additional data. Major bodies of IS research
pertaining to the information value chain have examined the derivation and management of knowledge
and decision making and actions; however, the effects of big data on the value chain remain relatively
unexplored