Business

It’s all about the (business) value

SPONSORED: An organisation’s ability to compete today is contingent on its ability to make the right decisions rapidly. Data is key, and therein lies the rub, especially for SMEs.

29 June 2021

Technology as a business enabler has followed a trajectory from hardware, through software to data and data analytics. Data has become the new gold, providing companies with the potential edge, going from gut-feel decision-making to factbased decisions with a high probability of success.

So far, so good, but there are significant challenges to making the data-driven organisation a reality. One is the sheer proliferation of data. Organisations generate gigabytes of the stuff, and are fed constantly, receiving further streams of data from external sources. How to process it all in order to come up with the pure gold that will improve a business process, lead to a good decision or facilitate a new product or service?

ITWeb Premium

Get 3 months of unlimited access
No credit card. No obligation.

Already a subscriber Log in