Are Malaysian companies ready for the big data economy? A business intelligence model approach

The next big phenomenon within the management accounting practices would be the big data economy.The phenomenon concerns the production of a large stream of data from diverse sources, analyzing these big data so as to provide important insights for better decision making. This paper attempts to eval...

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Main Authors: Wong, Kee Luen, Chuah, Min Hooi, Ong, Seng Fook
Format: Conference or Workshop Item
Language:English
Published: 2015
Subjects:
Online Access:http://repo.uum.edu.my/17560/1/113-ICAS201%20113-119.pdf
http://repo.uum.edu.my/17560/
http://www.icas.my/index.php/proceedings/3-icas-2015-proceedings/104-are-malaysian-companies-ready-for-the-big-data-economy-a-business-intelligence-model-approach
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spelling my.uum.repo.175602016-04-17T03:52:24Z http://repo.uum.edu.my/17560/ Are Malaysian companies ready for the big data economy? A business intelligence model approach Wong, Kee Luen Chuah, Min Hooi Ong, Seng Fook HF5601 Accounting The next big phenomenon within the management accounting practices would be the big data economy.The phenomenon concerns the production of a large stream of data from diverse sources, analyzing these big data so as to provide important insights for better decision making. This paper attempts to evaluate the readiness of Malaysian companies to take advantage of big data by using the Enterprise Business Intelligence Maturity Model (EBIMM) as the evaluation tool.Data were collected from 132 Malaysian large scale enterprises using the EBIMM questionnaire.The results indicated that Malaysian companies are relatively ready for the big data economy.Up to 82% of the organizations surveyed attained the Defined level of maturity and had a decent level of capabilities and competencies to capture the benefits of big data analytics. However, none of the organizations reached the Optimizing level indicating that more investments in technology, talents and culture are required to enable Malaysia to become the regional hub for big data analytics. 2015-08-17 Conference or Workshop Item PeerReviewed application/pdf en http://repo.uum.edu.my/17560/1/113-ICAS201%20113-119.pdf Wong, Kee Luen and Chuah, Min Hooi and Ong, Seng Fook (2015) Are Malaysian companies ready for the big data economy? A business intelligence model approach. In: International Conference on Accounting Studies (ICAS) 2015, Aug 17-20, 2015, Thistle Johor Bahru Hotel, Johor, MALAYSIA. http://www.icas.my/index.php/proceedings/3-icas-2015-proceedings/104-are-malaysian-companies-ready-for-the-big-data-economy-a-business-intelligence-model-approach
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HF5601 Accounting
spellingShingle HF5601 Accounting
Wong, Kee Luen
Chuah, Min Hooi
Ong, Seng Fook
Are Malaysian companies ready for the big data economy? A business intelligence model approach
description The next big phenomenon within the management accounting practices would be the big data economy.The phenomenon concerns the production of a large stream of data from diverse sources, analyzing these big data so as to provide important insights for better decision making. This paper attempts to evaluate the readiness of Malaysian companies to take advantage of big data by using the Enterprise Business Intelligence Maturity Model (EBIMM) as the evaluation tool.Data were collected from 132 Malaysian large scale enterprises using the EBIMM questionnaire.The results indicated that Malaysian companies are relatively ready for the big data economy.Up to 82% of the organizations surveyed attained the Defined level of maturity and had a decent level of capabilities and competencies to capture the benefits of big data analytics. However, none of the organizations reached the Optimizing level indicating that more investments in technology, talents and culture are required to enable Malaysia to become the regional hub for big data analytics.
format Conference or Workshop Item
author Wong, Kee Luen
Chuah, Min Hooi
Ong, Seng Fook
author_facet Wong, Kee Luen
Chuah, Min Hooi
Ong, Seng Fook
author_sort Wong, Kee Luen
title Are Malaysian companies ready for the big data economy? A business intelligence model approach
title_short Are Malaysian companies ready for the big data economy? A business intelligence model approach
title_full Are Malaysian companies ready for the big data economy? A business intelligence model approach
title_fullStr Are Malaysian companies ready for the big data economy? A business intelligence model approach
title_full_unstemmed Are Malaysian companies ready for the big data economy? A business intelligence model approach
title_sort are malaysian companies ready for the big data economy? a business intelligence model approach
publishDate 2015
url http://repo.uum.edu.my/17560/1/113-ICAS201%20113-119.pdf
http://repo.uum.edu.my/17560/
http://www.icas.my/index.php/proceedings/3-icas-2015-proceedings/104-are-malaysian-companies-ready-for-the-big-data-economy-a-business-intelligence-model-approach
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score 13.211869