This analysis shows big data analytics improves operational excellence and customer experience, indicating its value compared to traditional intelligence.
Over the past decade, big data analytics (BDA) matured from promise to practice, reshaping how firms sense opportunities, decide, and deliver value. Synthesizing peer-reviewed work from 2012–2021, this paper explains how BDA capabilities (data, technology, talent, governance, and culture) convert into operational excellence, enhanced customer experience, and new business models. We ground the discussion in the resource-based and dynamic capabilities views, and a socio-technical lens, and distill evidence across healthcare, manufacturing, marketing/retail, and the public sector. Comparative analyses show BDA outperforming traditional business intelligence (BI) when environmental dynamism is high and when firms orchestrate complementary organizational changes. We also catalogue risks—data quality, privacy, algorithmic bias, and adoption barriers— and outline mitigations. We conclude with a research agenda on measurable value pathways, capability micro foundations, responsible AI, and sector-specific playbooks.
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Vipul Goel (2023) studied this question.