The meaning of big data in the support of managerial decisions in contemporary organizations: Review of selected research

Abstract

The purpose of the paper is presentation of the role of big data methods, techniques and tools application in the support of managerial decisions. The paper characterizes the notion of big data solutions, its key components with fundamental analyses applied within the area of big data, types of decisions which can be supported with its usage, and benefits resulting from big data application in the support of managerial decisions in contemporary organizations. The practical examples and case studies were presented on the basis of research review.