Business Performance Measurements in Asset Management with the Support of Big Data Technologies
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Aug 01, 2017
About this article
Article Category: Special Issue Title: Maintenance Performance Measurement and Management Challenges: from Sensing to Decision Support
Published Online: Aug 01, 2017
Page range: 143 - 149
Received: Oct 01, 2016
Accepted: Mar 01, 2017
DOI: https://doi.org/10.1515/mspe-2017-0021
Keywords
© 2017
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.
The paper reviews the performance measurement in the domain of interest. Important data in asset management are further, discussed. The importance and the characteristics of today’s ICTs capabilities are also mentioned in the paper. The role of new concepts such as big data and data mining analytical technologies in managing the performance measurements in asset management are discussed in detail. The authors consequently suggest the use of the modified Balanced Scorecard methodology highlighting both quantitative and qualitative aspects, which is crucial for optimal use of the big data approach and technologies.