Every Business is a Data Business
Data is at the core of every business decision makings. Human resources directors are gathering data from online resources to determine the best people to recruit and confirm details about them. Marketing departments are lasering in on market segmentation data to find consumers who are ready to buy, speeding up the sale-closing process whenever possible. Business executives must examine more prominent trends in the market, such as changes in pricing of resources, shipping or manufacturing.
By using data effectively, a company can streamline the process of getting a product made and putting it in the hands of the customer. The costs savings from not doing shotgun advertising or paying too much for resources can have significantly affected a company's bottom line and profits. A data-centric business strategy is the silver bullet of every organisation.
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