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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

quintillion bytes of data which means an average person generates over 1.5 megabytes of data every second? Have you read any of the case studies involving how Netflix and Spotfy leverage big data for creating unique customer experiences? They tell you how big data helped them create a mark in today’s world.

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Breaking Down Data Silos: From Fragmented Data to Consolidated Insights

Astera

With the need for access to real-time insights and data sharing more critical than ever, organizations need to break down the silos to unlock the true value of the data. What is a Data Silo? A data silo is an isolated pocket of data that is only accessible to a certain department and not to the rest of the organization.

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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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What Is Embedded Analytics?

Insight Software

Data visualizations are no longer driving revenue: Everyone from Google to Amazon now provides low-cost or no-cost visualization tools that drive down the perceived value of data visualizations. Users are coming to expect sophisticated analytics at little or no cost. cost reduction).

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What is a Data Pipeline?

Insight Software

The key components of a data pipeline are typically: Data Sources : The origin of the data, such as a relational database , data warehouse, data lake , file, API, or other data store. This can include tasks such as data ingestion, cleansing, filtering, aggregation, or standardization.

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What is Supply Chain Management?

Insight Software

In order to ensure customer satisfaction at the point of delivery, modern supply chain strategies must include a holistic view of the links in the chain that work well together. Customer satisfaction is the key goal of supply chain management, as it ultimately determines the success and competitiveness of businesses.

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Top 10 Supply Chain Management KPIs

Insight Software

To calculate this KPI, start with the cost of goods sold for a specified period (e.g. Let’s face it: customer returns wreak havoc on your supply chain practices. They cost your organization valuable time and money, and they are usually correlated with a negative customer experience. for a month, quarter, or year.)