Intuitive, empirical, and qualitative knowledge may be good, but supporting these elements. Data Really unleashes their power.
About the Author
Julius Cerniauskas, CEO Oxy Labs..
Today’s volatile economic climate needs modernization. Analysis. Regardless of your industry, location, or business size, you need data on your own to provide accurate, timely, and practical insights.
However, more data does not always lead to better results. How you collect, manage and distribute this data has a huge impact on your ability to transform your business.
Do you know where your data is?
Whether it’s customer information, operational metrics, sales data or information extracted from public websites, data analytics benefits every part of your business. The more ability you have to distribute this data across departments, the better decisions managers can make.
To illustrate this point, let’s take the example of declining sales. Managers can see these numbers go down, but do they know why? This could be the result of a faulty execution. Marketing Campaign, negative reviews on public website, or failure. SEO Strategy. Not being able to see all the data at once hinders our ability to diagnose the problem and take timely action while the problem is still developing.
Therefore, data transparency should be a priority for all businesses in today’s competitive business landscape. And that brings us to one of the most important hurdles facing most businesses today: the awesome data cell.
Silent data is a thing of the past.
Do you have a data cell? Before answering this question, let’s first consider what a cell is actually – a long cylinder usually made of wood or concrete used to store materials such as coal or grain. In this case, the stronger and more leak-proof a cell is, the better.
What is good for grain or coal, however, is not good for data. When data is stored in a cell, it is cut off from the rest of the organization. In most cases, this is not done on purpose because most businesses use different software in different departments, resulting in the production of data that resides in that particular part of the organization.
There are many reasons why this happens. One of the main reasons is related to technical factors that hinder the integration of application between business sectors. Another is attributed to rapid organizational growth, and consequently where the structure is. Sharing Difficult in all departments. In this case, the development of the organization left behind its technological innovation – which then leads us to the first cause (which exacerbates the problem).
How Silent Data Harms Your Business
Silent data affects decision making. Silos are like walls in your organization that block the flow of information. They prevent managers from consolidating data in order to make important business decisions that affect all parts of the organization.
Silent data divides your organization. Cellus separates an organization and prevents mutual cooperation. When departments are distributed across data lines, a lack of transparency hinders employees from cooperating in solving problems, which in turn prevents them from achieving common business goals. In addition, it can lead to strained relationships between peers who view data as a protector.
Silos reduces the value of data. As the saying goes, “the whole is worth more than the sum of its parts.” This is especially true for data. The data set used by one department can be very valuable to another department as the data is usually the result of multiple business activities. In this sense, keeping data separate not only hinders collaboration and hinders decision-making – it reduces its overall value.
Solutions to Get Rid of Data Cells
Data cells are at the heart of your data management strategy. When you are different. Data base Separated from each other, digital walls emerge that can be difficult to overcome.
Organizations typically handle this problem by importing and exporting databases, and then integrating that data into software programs. It worked in the past, but the increasingly dynamic nature of the data results in information that may be outdated until it reaches the administration. This is especially true for real-time data that is constantly being fed to you. Application.
Integration is the solution.
Because different software programs are managing data, these systems need to be integrated so that data can flow freely. Here are three key pointers in moving your data cell:
If you’re using cloud-based software, Integration Platforms as a Service (iPaaS) is a solution that can create a centralized data ecosystem that lets you integrate, manage and manage data in all your tasks. Allows me to edit. Examples include Molesoft, Zapier, Dell Bumi, Informatica and Verkito.
Companies looking for an “all-in-one” solution may choose to switch their existing software to a unified platform that offers a variety of programs that can be used throughout the organization.
There are numerous software platforms available in the market today with unique tools that can be tailored to the desired functionality and data structure of your organization. These solutions may include accounting, member management, e-learning and other software programs that are offered in a unified solution. In addition to increasing transparency and efficiency, this solution can simplify and improve workflow. Productivity.
Local or in-app integration.
Some applications have an open application programming interface (API) that allows developers to integrate the system through local integration. Although this option offers the largest customization, it is also technically complex.
Not all applications allow local integration, however this is changing as the demand for integrated software continues to grow. As a result, many CRM, accounting, e-commerce and billing apps are being integrated through the Open API, increasing data connectivity across all organizations.
Local integrations may look like iPaaS, but they are very different. Local integration is usually offered as an option for SaaS vendors (often behind expensive packages) as an interconnected app. In contrast, iPaaS combines multiple apps in one place, offering a central solution.
Ready to start with data-driven decision making?
If your data is still segmented, your business may not be reaching its full potential. Solutions such as software platforms, local or app integration, and iPaaS are available to transform your organization into a robust data-driven enterprise.
Once you take advantage of the power of data in your business, consider the possibility of using scraped data publicly to further enhance your business strategy.