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The term ‘big data’ alone has become something of a buzzword in recent times – and for good reason. By implementing the right reporting tools and understanding how to analyze as well as to measure your data accurately, you will be able to make the kind of datadriven decisions that will drive your business forward.
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Those include AI, data-centric design, systems that can be used off the shelf, functions that augment decisions, developer enablement, and customer-facing technology. We want to have data at our fingertips and make decisions very quickly “Out-of-the-box reports from ERP systems were not applicable for many businesses,” Bhalaru says.
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Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents. The second best time is now.”
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