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Original Research

EFFECT OF BUSINESS ANALYTICS ON PERFORMANCE IN PHARMACEUTICAL INDUSTRY IN THAILAND

WITTHAYA MEKHUM 1, , CHAYANAN KERDPITAK 2, ALYSSA MEKKHUM 3, SAKUL JARIYACHAMSIT 4, WEERA CHOTITHAMMAPORN 5, WIMONMANEE MEKKHUM 6

Vol 19, No 02 ( 2024 )   |  DOI: 10.5281/zenodo.10817544   |   Author Affiliation: Suan Sunandha Rajabhat University, Thailand. 1,2,3,4,5; Chiang Rai Rajabhat University, Thailand 6.   |   Licensing: CC 4.0   |   Pg no: 1402-1414   |   Published on: 29-02-2024

Abstract

Data infrastructure, planning and evaluation function are those important technical aspects of any organization

that might affect the financial performance of the organization in one way or the other. The basic objective of this

study is to find out the impact of data infrastructure sophistication, planning function and evaluation function on

the financial performance of an organization in the mediating role of business analytics. For research purpose,

data was collected from 302 employees of pharmaceutical companies having varied age and experience in the

organization. The collected data was subjected to SPSS and AMOS for analysis purpose. The results indicate that

the impact of data infrastructure sophistication on financial performance is significant. In the similar way, the

imapct of planning function has also been found as significant but the impact of evaluation function on financial

performance is insignificant. As far as the mediating variable is concerned, it has been found out that the impact

of mediating variable between evaluation function and data infrastructure sophistication; and financial

performance is significant but the similar impact between planning function and financial performance has been

found as insignificant. Several benefits and implications as well as limitations and futiure research indications

have also been disucssed by the researcher.


Keywords

Business Analytics, Data Infrastructure Sophistication, Planning and Evaluation Function, Thailand.