Tag: business consulting
5 Common Traits of Highly Successful Business Intelligence Teams
Business intelligence (BI) teams have become increasingly important in mid-to-large organizations over the past decade. BI teams are responsible for analyzing data to help make better business decisions. As such, they need to be highly successful for organizations to achieve their goals. Importance of BI Teams in an Organization In order to make decisions, organizations … Continued
How Data Literate Is Your Organization? Here’s How to Find Out
As companies are placing more and more emphasis on data for running the organization, data literacy is gradually becoming an essential skill every employee needs to have. About 90% of business leaders cite data literacy as the key to company success. However, only 25% of employees feel confident in their data skills. In addition, recent … Continued
What Are the Biggest Pain Points of Data Management? (2021)
Every company strives to provide products and services to customers in a timely and effective manner. Today, big-data-driven insights are responsible for much of that speed and efficiency. However, many of those companies continue to struggle with appropriately acquiring and analyzing their data, making data management a stumbling block. In this article, we explore the … Continued
Trouble In Big Data Paradise? Could ‘Small Data’ Be the Answer?
It is a well-known fact that – without data, companies would struggle to remain competitive. And, if you ask company owners if their company is data-driven, the majority will say it is. However, many of them fail to realize that, even though their companies collect immense amounts of data, they probably struggle to derive genuine … Continued
What Happens When Data-Driven Is Bad for Business?
Nowadays, people in all industries recognize the immense value of data. Doctors, educators, business owners are all relying on data to make good decisions. It makes perfect sense; making decisions when strongly informed by data is inevitably going to improve the outcomes of our actions. But is it possible that data can sometimes lead us … Continued
Hey, Has Data Analytics Stopped Innovating? Hmmm…
The power of data is immense. It can help companies discover unique opportunities for growth in new markets. With the help of data, organizations can gain a competitive edge by supporting a positive and more personalized customer experience. Moreover, incorporating data analytics into a business is likely to open up even more possibilities for a … Continued
Here Are 6 KPIs to Focus On When Moving to the Cloud
With the rise of cloud computing popularity, more and more organizations have recognized the benefits of the cloud. However, migrating to the cloud is a complex project, and setting KPIs can help the company identify whether the project is proceeding as planned and if there are any problems in the process. To help you identify … Continued
Thinking of Building a Data Center? What About the Cloud?
Nowadays, basically every company gathers tremendous amounts of data. All that data has to be stored somewhere. Even in today’s cloud-driven world, there are still plenty of companies that build their own data centers – server hardware on company premises used to store and access data through the company’s local network. But, how much of … Continued
5 Things to Know When Choosing a Data Management Model for Your Business
Every business should consider data as one of the most valuable corporate assets. Improved business decisions. Marketing campaigns. Operational efficiency. Cost savings. All with the goal of increasing revenue and profits. When it comes to data usage, smaller businesses frequently rely on reports generated within the individual software platforms they use for day-to-day operations. However, … Continued
