Data analytics is very important for business insights and decisions
Data analytics is integral to generating true customer-centricity and engagement. Organizations have, to their disposal, a huge velocity, volume, and variety of data. The surge in data sources, of both structured and unstructured types, has presented enterprises with new power. But that power needs to be harnessed. Data analytics enables these businesses to:
- Get to customer insights and expectations fast
- Deliver impactful experiences by understanding patterns and behavior fine-print
- Allow real-time collaboration among various business decision-makers and functions
- Pre-empt mistakes and gaps by aligning solutions to customer expectations
- Notice inconsistencies, red flags and concern areas well before they assume huge proportions
- Innovate faster and better than competitors