Data is the new oil! There is gold in them thar hills. Many companies see data as an IT cost centre when it is potentially a very valuable resource. Knowing how to produce insights from company data can give your company a competitive advantage.
Every company does some kind of data analysis, chances are you or a team member is already doing this. Whether it be pivot tables in a spreadsheet or a custom-built Data Analytics Dashboard, the technology available to you has come a long way in the last few years… even the last few months.
In 2017, more than ever before, all companies are data companies and for many businesses, the most likely path to creating competitive advantage is via big data and subjecting it to (advanced) analytics such as predictive or prescriptive analytics.
– Mark van Rijmenam, Datafloq
Data is to this century what oil was to the last one: a huge driver of growth and change. Digital information or data is unlike previously traded resources; it is collected, refined, valued, bought & sold in different ways. Data and the insights that can be gleaned from it changes the rules of the market and demands new approaches and up-to-date technologies to make sure you’re getting the most out of it.
With less than 0.5% of available data currently being analysed, there are a lot of companies that are falling behind in the data race. There are a lot of insights yet to be discovered. Are you getting real-time insights from your company data?
Data from many disparate sources (sales, social media, warehousing, marketing, customer data, etc.) can be brought together and analysed to bring you a better understanding of your customers, your company, your key business drivers and where you sit in the market.
With data volumes rapidly increasing, it is imperative that you can turn your existing and new data into a competitive advantage.
Email or talk to us now about mining your company data 02 8212 5666.
We are focused on solving business problems where complex data is involved. We deliver business intelligence solutions using intuitive visualisations to support data driven decisions through data discovery and self-service analytics.
Satsumas have worked with financial, pharmaceutical, utility, retail and mining companies and understand the challenges you need to overcome.