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5 Data Management Trends to Watch in 2023

Astera

Cloud-Based Data Integration Enterprises are rapidly moving to the cloud, recognizing the benefits of increased scalability, flexibility, and cost-effectiveness. These platforms provide businesses with a centralized and scalable solution for managing their data, enabling faster and more efficient processing, and reducing costs.

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Build Data Warehouse with Concentrated Teams

Astera

To improve the agility and scalability of your data warehouse architecture you can update its design, logic, and data mappings as per your business requirements using flexible data schemas. Have an Agile Approach. The agile approach to data warehousing focuses on an iterative development process to promote flexibility.

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Breaking Down Data Silos: From Fragmented Data to Consolidated Insights

Astera

While this wealth of data can help uncover valuable insights and trends that help businesses make better decisions and become more agile, it can also be a problem. Waste of resources Data silos result in data duplication, redundant efforts, and increased costs involved with storing and maintaining distinct data sources.

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5 Best Practices for Big Data Integration 

Astera

quintillion bytes, according to IBM. Download Free Whitepaper Best Practices for Successful Big Data Integration Big data integration is a crucial component of any modern business strategy. This approach enables organizations to integrate more data without having to invest in expensive hardware infrastructure.

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18 Best KPIs and Metrics for the Agile CEO

Insight Software

Gross Profit Margin = (Total Revenue – Cost of Goods Sold) / Total Revenue. This performance metric should be tracked in conjunction with gross margin and operating costs to ensure enough money is being generated from sales, and that operating costs aren’t eating too far into profitability. ROAS = Revenue / Advertising Costs.

IBM cost 106
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5 Ways to Minimize Downtime During Oracle Cloud Migration

Insight Software

Not only does cloud migration allow businesses to adapt and scale with speed and efficiency, but it also provides better accessibility, lower costs than many on-prem solutions, better security, and improved integration options with other cloud-based applications. Today moving to the cloud is not an if, but a when. 

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Replace Crystal Reports With Spreadsheet Server for Optimized Reporting

Insight Software

If you don’t have these skills readily available in-house, this can become an expensive and drawn-out process. You can compare payroll, business expenses, and material costs against previous years to analyze changes. Review costs over periods of time to measure performance.