By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    predictive analytics in dropshipping
    Predictive Analytics Helps New Dropshipping Businesses Thrive
    12 Min Read
    data-driven approach in healthcare
    The Importance of Data-Driven Approaches to Improving Healthcare in Rural Areas
    6 Min Read
    analytics for tax compliance
    Analytics Changes the Calculus of Business Tax Compliance
    8 Min Read
    big data analytics in gaming
    The Role of Big Data Analytics in Gaming
    10 Min Read
    analyst,women,looking,at,kpi,data,on,computer,screen
    Promising Benefits of Predictive Analytics in Asset Management
    11 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Transforming Fragmented Decision Making
Share
Notification Show More
Latest News
ai software development
Key Strategies to Develop AI Software Cost-Effectively
Artificial Intelligence
ai in omnichannel marketing
AI is Driving Huge Changes in Omnichannel Marketing
Artificial Intelligence
ai for small business tax planning
Maximize Tax Deductions as a Business Owner with AI
Artificial Intelligence
ai in marketing with 3D rendering
Marketers Use AI to Take Advantage of 3D Rendering
Artificial Intelligence
How Big Data Is Transforming the Maritime Industry
How Big Data Is Transforming the Maritime Industry
Big Data
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > Decision Management > Transforming Fragmented Decision Making
Decision Management

Transforming Fragmented Decision Making

JulieHunt
Last updated: 2014/02/13 at 4:56 PM
JulieHunt
4 Min Read
SHARE

Many midsized organizations are uncertain about how to proceed with business intelligence and analytics – or if they should even jump in. But if these organizations fail to include various data analytics as inputs to strategic and tactical decisions throughout the enterprise, they may be blocking their abilities to compete, grow and keep pace with dynamic market and economic changes. Key opportunities may be missed; detrimental risks may pop up without warning.

Many midsized organizations are uncertain about how to proceed with business intelligence and analytics – or if they should even jump in. But if these organizations fail to include various data analytics as inputs to strategic and tactical decisions throughout the enterprise, they may be blocking their abilities to compete, grow and keep pace with dynamic market and economic changes. Key opportunities may be missed; detrimental risks may pop up without warning.

Like larger enterprises, midsized organizations have a lot of data from a large variety of sources. Most decision-making calls for more timely data that can be used to point the way for the future, not just looking at what happened in the past. Too often spreadsheets become the key data source – unfortunately spreadsheets may not yield the necessary analysis, particularly when the situation calls for data from multiple disparate sources.                

More software solutions are available that should work well for midsized organizations and are more cost-effective, including cloud services that offer analytics anywhere, anytime. But many midsized organizations have real hurdles to implementing agile analytics and decision-making processes. They may not have enough IT resources or analytics experts to effectively go from data to insights, and then on to decisions and actions. Data isn’t the only resource that needs attention – business processes are data’s partner in analytics that ultimately engender business improvement. And just like larger enterprises, midsized organizations may not have the essential alignment between Business and IT, working together to make sure analytics make sense for the business needs of the organization.       

More Read

workforce analytics

How Workforce Analytics And Inventory Management Go Hand In Hand

How Big Data And Education Can Work Together To Help Students Thrive
Will 6G Force Cell Phone Providers to Redesign Their Data Servers?
See Why Businesses Can’t Do Without Customer Data Collection
3 Data Sources to Boost Analytics and Business Intelligence

Companies can benefit greatly from analytics that support initiatives that impact the entire organization and reveal solid business value. For instance, to learn more about customers, organizations need to analyze: whether products and services meet customer needs, how customers want to interact with the company for different activities, and how different segments of customers prefer to make purchases. An activity like customer segmentation doesn’t just benefit marketing – it makes a significant difference for corporate customer strategies, innovation, product groups, and sales.

Centralizing analytics can eliminate redundant effort to glean intelligence from data sources, while reducing effort and cost. Often departments in midsized organizations rely too much on their own silos of data and don’t include a wide variety of data sources. Centralizing advanced analytics should dynamically work to eliminate data silos in the organization and bring different perspective into the formulation of analytical models and a wider breadth of benefit to the overall organization. Midsized companies will find the best success when all functions across the enterprise work in harmony.

JulieHunt February 13, 2014
Share this Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

ai software development
Key Strategies to Develop AI Software Cost-Effectively
Artificial Intelligence
ai in omnichannel marketing
AI is Driving Huge Changes in Omnichannel Marketing
Artificial Intelligence
ai for small business tax planning
Maximize Tax Deductions as a Business Owner with AI
Artificial Intelligence
ai in marketing with 3D rendering
Marketers Use AI to Take Advantage of 3D Rendering
Artificial Intelligence

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

workforce analytics
Business IntelligenceDecision ManagementExclusiveWorkforce Analytics

How Workforce Analytics And Inventory Management Go Hand In Hand

8 Min Read
big data helping education sector
Big DataBusiness IntelligenceDecision ManagementWorkforce Data

How Big Data And Education Can Work Together To Help Students Thrive

6 Min Read
6G wireless data servers
Big DataBusiness IntelligenceData QualityDecision ManagementExclusiveITNews

Will 6G Force Cell Phone Providers to Redesign Their Data Servers?

5 Min Read
customer data collection
AnalyticsBig DataBusiness IntelligenceCollaborative DataData ManagementData WarehousingDecision ManagementExclusiveNewsWeb Analytics

See Why Businesses Can’t Do Without Customer Data Collection

7 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?