1BIG DATA USE IN TELECOM BUSINESS Table of Contents 1. Introduction......................................................................................................................2 2. Project Objectives............................................................................................................2 3. Project Scope...................................................................................................................3 4. Literature Review............................................................................................................3 5. Research Questions/Hypotheses......................................................................................5 5.1. Primary Question......................................................................................................5 5.2. Secondary Questions................................................................................................5 6. Research Design and Methodology.................................................................................6 6.1. Qualitative Research.................................................................................................6 6.2. Quantitative Research...............................................................................................7 7. Research Limitations.......................................................................................................8 8. Research Plan...................................................................................................................9 9. Conclusion.....................................................................................................................10 References..........................................................................................................................11
2BIG DATA USE IN TELECOM BUSINESS 1.Introduction In this current era, data is considered to be of huge significance as it assists the decision makers in making various strategic decisions. A set of enormous data with high diversity as well as velocity and is difficult to handle through traditional techniques or tools could be defined as big data (Baştuğ 2015). While using the big data, a solution is necessary to handle as well as extract the database value. In the telecommunication companies, the scope of big data is huge as it is needed to ascertain the potential of any product offering as well as enhancing services towards customer. The objective of this research is to understand the use of big data in telecommunication companies. 2. Project Objectives The primary objective of this research is to explore as well as to understand the significance which big data holds in the telecom companies. There are various companies which not only belongs to telecom industry that uses big data in order to manager their data in various modes of operations. It becomes vital to ascertain the benefits which the telecom companies get through the use of big data and understand the challenges faced by the telecom companies. This research will also highlight the usage of big data to keep the current customers satisfied by understanding their needs and turn potential customers in without letting them adversely influenced.
3BIG DATA USE IN TELECOM BUSINESS 3. Project Scope Considering the numerous benefits of using big data, the scope of this research is wide- ranging. In line with the diversity which big data provides, the handling of the same needs new tools and techniques to be utilized to gain its effective advantage (Bughin 2016). In addition to the latest technical tools, the analytical skill as well as superior architecture are also needed to be enabled to gain the insight of the new sources so as to enrich the value of the business. This research will focus more on convention of big data towards a company’s value creation through its tactical usage as almost all the companies have a common goal of wealth maximization and big data could be a revolutionary technological advancement which might help the companies to achieve the same (Calabrese, Ferrari and Blondel 2015). In the telecom industry, there are number of companies which takes assistance of the analytical tools provided by big data so as to analyze the data efficiently. 4. Literature Review Chenget al.(2016) indicated that big data is considered as the set of data with enormous size which makes it difficult for a single software to even store the same leaving the supervision alone. With the advancement in technological system, the analysis could be shared among various companies irrespective of their industries and even countries. It has been ascertained that big data could be a powerful tool to increase productivity among the employees of telecom industry.Davenport (2014) stated that itadds on the benefits of big data where the relevant set of data is accessible to all of its users which might elevate mutual understanding between companies and their customers. Moreover, it also leads the company towards exploration of new challenges. The use of big data also enhances the segmentation which effects the modification actions of the towards their massive audiences.Flick (2015) evidenced that another value of big
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
4BIG DATA USE IN TELECOM BUSINESS data is its automated system which facilitates the work when information is huge. Eventually, a company through the help of big data could explore new strategies. It has been observed that the telecom companies have extensive databases of their customers to enhance their services.Hashemet al.(2015) revealed thatin order to do the same, it has been learned that the companies are cutting their excess call data and using the same towards providing seamless internet service. This in turn is allowing the companies to collect huge amount of data as using internet is the process of generating data. Hence, from various researched it has been found that most of the companies are using big data towards their advantage towards their marketing as well as sales.Richards and King (2014) revealed that while it has also been seen that several companies using it for customer services and competitive intelligence. Other than all these, maximum number of companies has used big data towards curbing of fraud, improve marketing process and customer retention. Furthermore, the data sharing between the users and other processing centers is also a vital responsibility of the telecom companies. In order to do the same, MapR Streams is used as the medium of transporting massive data from one center to another.Sium (2014) indicated that it is effective way of providing the information among the clusters which are geographically distributed. Another factor which highlights the significance of big data is recommendation engine improvement to the service users of companies. Telestra Corporation could be taken as example which uses the big data within its operations to attract customers and even retain those who remained unsatisfied from their services. The company acknowledged a model to make Net Promoter Score (NPS).Marshall, Mueck and Shockley (2015) evidenced that this approach ensures that the customers are being
5BIG DATA USE IN TELECOM BUSINESS handled efficiently through the efforts which company has made. Apart from telecom companies, other companies also use big data such as Google which has the higher level of information on a global basis. Vodafone and Argyle Data are other telecom companies which uses big data. Marshall, Mueck and Shockley (2015) revealed that big data is again considered to be useful to forecast the process almost accurately if the correct tools are used to analyze the dataset. However, contradicting the same, some of the experts think that it may affect in negative manner. The potential of big data can be attributed from the information which in fact can justify a customer’s taste and preference. There are various challenges which a telecom industry face but the same could be reduced by implementation of big data. 5. Research Questions/Hypotheses 5.1. Primary Question Is big data a revolutionarychange in technology? How does big data assist in decision making? How the telecom companies gain from usage of big data? 5.2. Secondary Questions Functions of big data in telecom companies? What is the relevance of big data in tackling with current challenging situations of telecom companies? Are telecom companies the only companies which have use for big data? What are the challenges of telecom companies and how that can be resolved by usage of big data? How the telecom companies could use big data to improve their services?
6BIG DATA USE IN TELECOM BUSINESS Will big data help the telecom companies in understanding customer needs? How big data could maximize the value of telecom companies? 6. Research Design and Methodology 6.1. Qualitative Research Qualitative Data Collection Research Method-Qualitative data collection method will be used in this research as for analyzing the use of big data in the telecom companies will need conducting exploratory research. This method is considered to be suitable for the reason that it facilitates in understanding associated reasons, motivations and opinions in offering insight on issues associated with big data use (Marshall, Mueck and Shockley 2015). Qualitative data collection will focus on gathering data through observations, focus groups and surveys. Reliability and Validity Approaches-In order to make sure that the qualitative research or the secondary data that is gathered is highly reliable and valid, it will be ensured that they are collected from authentic sources. The company websites that will be used will contain recently updated data and peer reviews journals on big data use in telecom companies will be used. This will ensure the authenticity of secondary data gathered within this research. Sampling and Sample Size-Simple random sampling is the most suitable sampling technique that is deemed to be employed in investigating the use of big data within he telecom companies of Australia (Richards and King 2014). This sampling is useful as this offers equal chance to participants to get selected within the survey process. Sample size
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
7BIG DATA USE IN TELECOM BUSINESS of 51 managers from selected telecom companies of Australia will be selected to gather their viewpoints on big data use in their organizations. Variables-The variables that are selected to carry out this research and for gathering relevant research findings include independent and dependent variables (Marshall, Mueck and Shockley 2015). Advantages of using big data and disadvantages of using big data are the independent variables. On the other hand, increasing profitability in telecom industry is the dependent variable. 6.2. Quantitative Research Research Instrument-Questionnaire research instrument will be used in analyzing the use of big data within Australian telecom companies. This is for the reason that this research instrument can facilitate in attaining authentic and internal organization based data regarding advantages and challenges faced by them in using big data within telecom business operations (Kshetri 2014). Quantitative Data Analysis Process-Data gathered from carrying out survey within the managersofthetelecomcompanieswillbeanalyzedthroughemployingsuitable statistical tools. MS Excel applications will be employed in carrying out correlation and regression analysis of the responses gathered that can facilitatein understand the relationship between the dependent and independent variables (Ledford and Gast 2018). Sampling and Sample Size-Simple random sampling is the most suitable sampling technique that is deemed to be employed in investigating the use of big data within he telecom companies of Australia. This sampling is useful as this offers equal chance to participants to get selected within the survey process. Sample size of 51 managers from
8BIG DATA USE IN TELECOM BUSINESS selected telecom companies of Australia will be selected to gather their viewpoints on big data use in their organizations. Questionnaire Design-The questionnaire that will be offered to the survey respondents will contain open along with close ended questions. The first section of the questionnaire will include questions regarding demographic profile of the selected managers. The second section of the questionnaire will include questions regarding advantages of big data use within telecom companies along with disadvantages associated with big data use in telecom organizations (Li, Tao, Cheng and Zhao 2015). The third section of the questionnaire will include questions regarding recommendations provided by managers of telecom companies regarding better use of big data in enhancing business processes and services. Data Validity and Reliability-Validity and reliability of the quantitative data collected can be measured through making sure that the most authentic statistical data analysis applications will be used in data interpretation (Mackey and Gass 2015). Moreover, Pearson correlation validity test will also be carried out in making sure of that the gathered survey responses are interpreted in a better manner. 7. Research Limitations Along with having numerous research implications in investigating the use of data within the telecom organizations, there are also certain research limitations that are required to be addressed in the upcoming years (Sium 2014). As the secondary data is collected on big data use within telecom companies, accuracy and recently updated information of such gathered data can be one of the major limitations of this research. On the other hand, as the research focused on collecting primary data from managers of selected organizations, relevancy of the collected
9BIG DATA USE IN TELECOM BUSINESS responses is challenged for the respondents are deemed to be biased towards the organizations and might not disclose major issues related with the big data use in companies (Hilbert 2016). 8. Research Plan TaskWeek 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Week 9 Selection of topic and search for justification Constructing literature Selecting appropriate methods Data collection Data analysis and representation Reviewing the outcomes Conclusions and recommendations Submitting draft of the project
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
10BIG DATA USE IN TELECOM BUSINESS Printing and final submission 9. Conclusion It was gathered from the research that Moreover, qualitative data collection method will be used in thisresearch as for analyzing the use of big data in the telecom companies will need conducting exploratory research. In addition, questionnaire research instrument will be used in analyzing the use of big data within Australian telecom companies. This is for the reason that this research instrument can facilitate in attaining authentic and internal organization based data regarding advantages and challenges faced by them in using big data within telecom business operations.
11BIG DATA USE IN TELECOM BUSINESS References Baştuğ, E., Bennis, M., Zeydan, E., Kader, M.A., Karatepe, I.A., Er, A.S. and Debbah, M., 2015. Bigdatameetstelcos:Aproactivecachingperspective.JournalofCommunicationsand Networks,17(6), pp.549-557. Bughin, J., 2016. Reaping the benefits of big data in telecom.Journal of Big Data,3(1), p.14. Calabrese, F., Ferrari, L. and Blondel, V.D., 2015. Urban sensing using mobile phone network data: a survey of research.Acm computing surveys (csur),47(2), p.25. Cheng, X., Xu, L., Zhang, T., Jia, Y., Yuan, M. and Chao, K., 2016, March. A novel big data based telecom operation architecture. InInternational Conference on Signal and Information Processing, Networking and Computers(pp. 385-396). Davenport, T., 2014.Big data at work: dispelling the myths, uncovering the opportunities. harvard Business review Press. Flick, U., 2015.Introducing research methodology: A beginner's guide to doing a research project. Sage. Hashem, I.A.T., Yaqoob, I., Anuar, N.B., Mokhtar, S., Gani, A. and Khan, S.U., 2015. The rise of “big data” on cloud computing: Review and open research issues.Information Systems,47, pp.98-115. Hilbert, M., 2016. Big data for development: A review of promises and challenges.Development Policy Review,34(1), pp.135-174.
12BIG DATA USE IN TELECOM BUSINESS Hilbert, M., 2016. Big data for development: A review of promises and challenges.Development Policy Review,34(1), pp.135-174. Kshetri,N.,2014.Bigdata׳simpactonprivacy,securityandconsumer welfare.Telecommunications Policy,38(11), pp.1134-1145. Ledford, J.R. and Gast, D.L., 2018.Single case research methodology: Applications in special education and behavioral sciences. Routledge. Li, J., Tao, F., Cheng, Y. and Zhao, L., 2015. Big data in product lifecycle management.The International Journal of Advanced Manufacturing Technology,81(1-4), pp.667-684. Mackey,A.andGass,S.M.,2015.Secondlanguageresearch:Methodologyanddesign. Routledge. Marshall, A., Mueck, S. and Shockley, R., 2015. How leading organizations use big data and analytics to innovate.Strategy & Leadership,43(5), pp.32-39. Richards, N.M. and King, J.H., 2014. Big data ethics.Wake Forest L. Rev.,49, p.393. Sium, B., 2014. Research Methodology. InHow Black and Working Class Children Are Deprived of Basic Education in Canada(pp. 31-42). SensePublishers, Rotterdam.