Big Data-Driven Value Chains and Digital Platforms: From Value Co-creation to Monetization

Big Data is the term for any gathering of high-volume information sets from multiple sources; Big Data is so expensive, fast changing, and complex that it can become hard to process. The processing difficulties cover investigation, catch, duration, inquiry, sharing, stockpiling, exchange, perception, protection infringement, and quantification of financial value. The explosive growth of data in almost every industry and business area has been driven by the rapid development of the Web, the Internet of Things (IoT), and Cloud computing (Jin et al. 2015).