Your organization probably has many internal sources of data as well as external sources that provide additional insight letting you know how your business is doing. But access to data is just the first step; Effective data management is crucial if it's going to do you any good. And you've got to get your timing right. Data that is too raw is not much better than data that is no longer fresh. Like fresh fruit, data "picked at the right time" is so sweet.
What's involved in managing your data with Dynamics 365?
You'll also need the ability to scale your data collections rapidly to handle new sources and increasing volumes of data. And you'll want to ensure consistent data security to prevent unauthorized access and the loss of critical information.
And while it's vital to secure your data, it has to be accessible. You must provide authorized users who do not have analytical training with easy-to-use self-service data analysis tools. When they need insight and answers fast, they have no time for complex processes.
The Benefits of Data Management
Instituting an efficient and effective data management system will be well worth the effort. You'll arm your team with the tools they need to provide personalized KPI reports for your decision-makers. You'll gain real-time insight with comprehensive views of your business operations when you apply advanced analytics to your systems of record. And you can generate more profound insights with Artificial Intelligence (AI), giving you a 360-degree perspective of your business and processes. You'll always know where you stand and how well you're doing. With a solid data foundation, AI can provide predictive and prescriptive guidance.
With the ability to scale analytics across all your data sources, you can also eliminate isolated data silos and maximize the business value of your data by combining data exploration, insights, and integrated governance. Your teams can explore Big Data sets faster to get the answers they need to run your business more efficiently.
Dynamics 365's Approach to Data Management
Possession of data doesn't ensure the information is a business enabler. You'll want to leverage your data to realize its optimal potential. The business advantage you gain from effective data management will be proportional to your ability to relate various statistics and draw insights from them.
For instance, do you know how transactional sales data relates to product sentiment data on social media? Can you generate accurate insights and factor positive and negative sentiments about products into your sales and marketing strategies? Can you leverage manufacturing data obtained directly from IoT sensors to improve production or design?
Our team at Western Computer wants to help you complete your journey to effective data management. We can show you how
If you need help managing your company's data, Western Computer is here to help.
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