TRANSFORM YOUR BUSINESS WITH DATA-DRIVEN ANALYSIS

The world we live in is becoming increasingly intelligent. this it may seem normal thanks to evolution, and it is, what is surprising is the exponential speed at which that evolution is occurring.

Every task, activity, job and sector is being coming back more intelligent, such as in health with early detection systems patients infected with COVID19 through intelligence algorithms artificial, intelligent sport with measurement systems and sensors capable of establishing training routines to increase performance, homes intelligent loaded with sensors and actuators in cloud computing that allow the control of all the elements that allows the imagination, and many more examples that can be observed around us.

The essence of all this intelligence around us lies in data. The union of data and technology is changing our world, and making it smarter. In a smart, data-driven world, managers need to shift their focus from observing the competition to starting to watchinginwards, towards data, because in them will be the competitive advantages of the coming years, the analytical advantage.

An analytical advantage is the ability of companies to manage the data, internal and external, to extract information and make more efficient business decisions based on that knowledge, and which puts it in a position of advantage over its competitors.

In this way, a Data-Driven company is one that has an advantage analytic.

Managers of the most successful organizations of future success must know that they have more than enough data, they just have to learn how to use it.

¿How are companies data-driven? 

Data-Driven companies are data collectors. Without a doubt, it is the key ingredient in this type of organization. Stored and record all types of data on non-storage systems traditional ones that later filter and process to build their own clean data systems based on data quality properties.

Data-Driven organizations have the ability to easily and naturally access the recorded data with the necessary veracity and at the time they need it. This data must be able to be connected, shared and logically accesible throughout the organization according to roles.

Only the data does not convert to an organization in Data-Driven, you need people to add a layer of business value to them. Reporting is the first process in a company by which data is processed by peopleto present dashboards, kpis, and dashboards as extracted informationof the data.

Data-Driven Companies they create alert systems that are real-time reporting processes that have exceeded certain thresholds.

Analytics is capacity key to Data-Driven companies. It is the ability of companies to transform data into knowledge to make business decisions. Analytics for Data-Driven companies is not a department thing, it is transversal, and therefore have functions and people for financial analytics, analytics for marketing, people analytics and many others.