As we’ve discussed in the past, there’s value hidden in your business’s data. You’ve undoubtedly experienced this frustration: you know the data exists, but that doesn’t make it inherently easy to access. In this article, we’re going to explore how to uncover trends in your business’s data in order to derive insights and make smarter decisions at your organization.
Your business’s information is valuable. It can help you drive efficiencies, increase cost basis, and make better strategic business decisions. However, your business data can only be impactful if the right people have access to it. This makes the format and storage of your data imperative to its impact.
If not, keep reading to understand how changing the way your data is stored can get you the data access your organization needs.
Because of the way our brains process information, using charts and graphs to visualize large amounts of data from different sources is easier than combing through spreadsheets. For example, it’s much easier to see magnitude on bar graphs and trends are more easily visualized via line graphs.
Today, we have modern tools that make it easy to visualize and interact with our business’ data. Instead of relying on spreadsheets to store and access data, today’s programs allow for creativity, making data easier (and faster) than ever to utilize.
Do you feel like your data is inaccessible? Have you given up on trying to glean insights from your sales, marketing, and/or financial data?
While it can feel daunting to access and interpret your business data, it doesn’t need to be. Your data is one of your business’ most valuable assets. It can help you make decisions that drive you toward your goals. However, your ability and ease in using your data are largely contingent on how it’s stored.
This blog will explore how using a data lake can make your data easier to access and save your team time and money when deriving valuable insights.
Has your boss ever asked you to look into big data or has the latest tech article convinced you that big data should be your company’s focus? “Big data” is the trendy thing to talk about (and it is important), but in reality, most companies need to focus first on their small data.
This blog will examine why small data is the primary concern for most organizations and what to focus on to build a strong data analytics strategy.