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J Manage 17:99–120īuhl HU (2013) Interview with Martin Petry on ”Big data“. Our findings can guide individual professionals, organizations, and academic institutions in assessing and advancing their BD and BI competencies.īarney J (1991) Firm resources and sustained competitive advantage.
#Data deluge meaning in business intelligence definition software#
Our major findings are that (1) business knowledge is as important as technical skills for working successfully on BI and BD initiatives (2) BI competency is characterized by skills related to commercial products of large software vendors, whereas BD jobs ask for strong software development and statistical skills (3) the demand for BI competencies is still far bigger than the demand for BD competencies and (4) BD initiatives are currently much more human-capital-intensive than BI projects are. By analyzing and interpreting the statistical results of the LSA, we develop a competency taxonomy for big data and business intelligence. We conduct a latent semantic analysis (LSA) on job advertisements harvested from the online employment platform to extract information about the knowledge and skill requirements for BD and BI professionals.
The difference between big data (BD) and traditional business intelligence (BI) is also heavily discussed among practitioners and scholars. While many studies on big data analytics describe the data deluge and potential applications for such analytics, the required skill set for dealing with big data has not yet been studied empirically.
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