Post by account_disabled on Feb 21, 2024 23:17:56 GMT -6
The value proposition of big data analytics is consistent, of strategic and tactical significance, it is global and at the same time individual and impacts the entire organization, in the present and future. Companies and institutions around the world in business fields (telecommunications, insurance, finance or retail, among others) and the public sector (health, education or environment) are increasingly aware of the benefits and great scope of analytics. advanced. value proposal Photo credits: istock anyaberkut Big data analytics value proposition: The advantages Among the main benefits that the big data analytics value proposition can be summarized in are: Finding key details that would otherwise go unnoticed in the sea of data – this data is critical when it comes to improving customer service and increasing sales. Acquire a good business vision, which guarantees a quantitative and business vision essential for solving complex problems.
Evolve as a business: something possible by optimizing business performance by incorporating intelligence into organizational information systems that improves decision making. Reduce costs by finding new opportunities that allow it. Opt for the best possible alternative on all occasions, due to decision-making resulting from the evaluation of the probable results of each alternative and the discovery of the most suitable ones. Provide a better basis for Chinese Student Phone Number List more accurate prediction and better planning. Improve planning and its efficiency in terms of personnel, equipment, launches and events, among others. Set prices for products and services dynamically. Find ways to make processes and people more productive. Increase market share, improve the quality of processes and products, optimize the use of equipment, facilities, money and personnel, increase performance, minimize risks... a value proposition that is very difficult to match and that depends, on parts equals, a good technological choice and an expert professional vision.
The value proposition that starts from a simple piece of data Organizations and the world in which they operate are becoming more complex. An increasing number of options and the time pressure imposed by deadlines demand agility in decision-making, which must gain flexibility without affecting precision. Big data analytics, with its value proposition , manages to convert data into knowledge and answers thanks to the analysis of variables, which allows us to know: Where to invest capital to grow. How to increase the value of management software systems. The way to find out the ideal location of a warehouse to reduce costs. What will be the sales forecast for a new type of product that has never been marketed before. Inventory planning, to avoid stock outages. How to decide when and how much to discount the price of a certain product or service. The safest way to optimize an investment portfolio. Ways to speed up response time in customer service.