Manuscript Title:

SYSTEMATIC SUPPORT FOR THE PROCESS OF EVALUATING THE EFFICIENCY OF USING BIG DATA IN COMPANIES AND ITS IMPACT ON THE ECONOMIC PERFORMANCE OF COMPANIES

Author:

KHALID ALTARAWNEH, IBRAHIM ALTARAWNI, OBADA ALHABASHNEH, NADEEM EL-ADAILEH, ALI AL-SHDIFAT

DOI Number:

DOI:10.5281/zenodo.10940819

Published : 2024-04-10

About the author(s)

1. KHALID ALTARAWNEH - Faculty of Information Technology, Mutah University, Jordan.
2. IBRAHIM ALTARAWNI - Faculty of Information Technology, Aqaba University of Technology, Jordan.
3. OBADA ALHABASHNEH - Faculty of Information Technology, Mutah University, Karak, Jordan.
4. NADEEM EL-ADAILEH - Faculty of Information Technology, Mutah University, Karak, Jordan.
5. ALI AL-SHDIFAT - Faculty of Information Technology, Mutah University, Karak, Jordan.

Full Text : PDF

Abstract

This research presents a new mechanism for the development of the organizational process in the use of big data. The aim of this mechanism is to provide analysis and evaluation of economic efficiency because of the optimal use of big data, in addition to presenting the most important methods used in the evaluation process in companies, whether long or short term. The study concluded that the evaluation process carried out by the company is necessary. The article provides methodological support for the development of the regulatory and economic mechanism for the utilization of big data. The primary objective of this methodological support is to assess the economic efficiency of utilizing big data within an enterprise. It includes the features of methods for evaluating the economic efficiency of using big data in both short-term and long-term planning for the organization's utilization of big data. Furthermore, it must encompass all the activities and events of the company that have separate structures, such as units or departments.


Keywords

Big Data, Evaluating, Methodological Support, Economic Efficiency, Planning, Activities, Events.