Complete guide on Business Intelligence (BI)
HOW DO YOU IDENTIFY THE RIGHT DATA GIVEN THIS VAST AMOUNT OF INFORMATION?
You don’t need to be an expert on the subject to know that, due to the advancement of technology and easier access to the internet, the way we consume a product, service or information nowadays has changed significantly, as interactions have become more dynamic and with fewer limitations.
This new reality meant that companies were forced to develop the capacity to deal with a gigantic volume of data in order to create more efficient strategies. After all, why continue to make decisions based on guesswork or intuitions if, with the right information, it is possible to ensure the success of your actions?
Is it possible to reduce costs without sacrificing quality?
One of the greatest challenges facing companies is reducing costs in a consistent manner, without affecting the quality of their products, services or customer service..
Make a thorough evaluation of all your company’s expenses
To maintain the quality of a product or service, you need to identify all your company’s expenses, such as the different ways resources are used, and analyze how this affects your company’s results.