The Impact of Technology, Knowledge, and Data Analytics on Organizational Success

Abstract

The connection between information and the performance of firms in the contemporary digital economy is no longer an incidental measure to sustainable performance. The growth of information technology (IT), knowledge management (KM), and big data analytics (BDA) has altered how organizations conduct, interact, and compete. This paper will discuss the effect of the three information-based dimensions on organizational efficiency, innovation and strategic decision-making. It uses empirical research and theoretical viewpoints like the Resource-Based View (RBV) and the Dynamic Capability Theory to point out how information as one of the resources can be used to attain high productivity, competitiveness, and long-term development. This paper has shown that companies that can effectively manage, analyze and apply information have great strategic benefits in the current global market due to their capability to integrate the insights in various fields. Another issue highlighted in the article is the difficulties in digital transformation such as data safety, human resource preparedness, and technological investment, and offers suggestions with regard to the strategic use of information to improve the performance of firms.