Data Driven Decision Making in Manufacturing Businesses in China and Asia Pacific

Abstract

The objective of this study is to investigate the mechanisms of Big data - based business model development in Chinese standard industries. Deductive reasoning as well as case analysis were employed to evaluate manufacturing businesses in China and confirm the devices. This process created an integrated framework with 3 components: Business model perspectives, processes together with big data driven company model advancements. Three Chinese businesses put the framework on revealing that business model development is a constant and growing process impacted by big data. Nevertheless, the study shows that limitations have a small sample size, that is typical in qualitative studies. Ideally, businesses will develop a solid infrastructure that combines the internet of things, traditional manufacturing methods and front end buyers. Furthermore, management must make sure that their organizational structure, climate, and human resources are well prepared for the transformation.