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A
lthough businesses are
collecting more data than
ever before, the simple
act of acquisition will
not necessarily lead to a
successful Digital Transformation process
for enterprises. The key to this is how data
is used by businesses. The successful use
of data will lead to effective insights that
can result in increased profitability and the
creation of new streams of revenue.
This is where the use of analytics is key,
with the latest suites able to provide
insights into customer behaviour and
product performance.
Real-time analytics
Terri Hiskey, Vice President, Global Product
Marketing for Manufacturing at Epicor
Software Corp, says businesses must ensure
that they are investing in the technologies
that are right for them and for some this
would consist of deploying an effective ERP
solution that allows them to make the most
of their data.
Not too long ago most
companies saw little
value in their data. Now
with advancements in
technology, it is seen
as a valuable asset that
can propel a business
forward and help provide
better security.
FEATURE: ANALYTICS
or information about how products are
performing. Some businesses are already
using this sort of data, to turn insights into
action. For Middle East businesses to take a
place among the world’s leaders, deploying
advanced technology to drive efficiency is
going to be the way forward.”
Storage solutions
Pure Storage is offering products that
allow customers to make the most of data
analytics. “Data is the lifeblood of today’s
economy and the fuel for innovation. New
cures, new industries, new possibilities will
arise, all because of data. This new era
demands a new data mindset and strategy,”
said Michael Sotnick, VP Partners, Services
and Business Development, Pure Storage.
“For organisations to stand the test of time,
they must understand how to innovate and
differentiate through data.”
“While one business may see immediate
benefits from implementing cloud
infrastructure, a manufacturer operating
out of just one facility might want to look at
other options first,” said Hiskey.
“Businesses today are collecting more
data than ever, but simply amassing vast
amounts of information as a result of
Digital Transformation, is not enough.
The key lies in being able to use insights
effectively, to guide change or identify new
revenue streams.
“The latest data analytics suites can
provide businesses with crucial information
about customer trends and predictions,
Terri Hiskey, Vice President, Global Product
Marketing for Manufacturing at Epicor
Software Corp
Using data
to increase profits and improve security
www.intelligentcio.com
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