Organizations are investing trillions to become data-driven, but only 8% successfully scale analytics to get value from their data. Harnessing data effectively can create opportunities for your business to solve challenges and thrive

If organizations can create immediate value with data analytics and implement use cases, more people and teams can develop data assets to suit their needs. 

The result is – a well-equipped workforce that values practices and promotes data usage – Which defines a ‘Data Culture’ in the organization.

Here we bring a roadmap to achieve better ROIby implementing ‘Data Culture –

1. Understanding Requirements
➡ Articulating business needs and estimated impact
➡ Creating a base with a vision of how the solution will be beneficial for business

2. Data Acquisition
➡ Gathering Data from internal and external sources
➡ Combine technical and business expertise to unlock the value of big data
➡ Enhance data by filtering out unproductive information

3. Data Engineering
➡ Deriving analytics through the right combination of quantitative techniques and cutting-edge technologies

4. Modelling Insights
➡ Generating actionable insights to improve customer acquisition, retention, and efficiency

5. Workflow Integration
➡ Integrating insights into decision-making to automate processes
➡ Deploying the latest tools for converting insights into actions to drive outcomes

6. Outcomes
➡ Operational excellence
➡ Increased security
➡ Enhanced customer retention
➡ Expanding market share

Want to deliver value with Analytics immediately? Let’s connect – www.47billion.com
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