Understanding data is the key to your future success and business growth.
Every transaction generates data; from the equipment you use to manufacture goods or simply print documents; from every purchase order you cut to every product you receive, almost everything you do today collects some kind of footprint. In fact, most businesses capture and collect far more information than they actually realize.
The concept of big data hasn’t grown out of a sudden new software development. Rather, it has grown out of the explosive expansion in our ability to capture and collect data. In this age of the internet of things, there are far more devices than people connected to the global web.
More Than What You Have, It’s What You Do with It
One of the definitions of the “digital transformation” people talk about is that it’s all about how people use their data to create new business advantages. You’re capturing information about each transaction you complete: what was purchased, how many and for what price. From this you can measure sell-through of your inventory, size of transactions and probably even what time of day most of your transactions occur. Each of these is useful.
How does hi.guru add value when it comes to understanding data?
AI in business intelligence is evolving into everyday business as we know it. Companies can now use machines algorithms to identify trends and insights in vast reams of data and make faster decisions that potentially position them to be competitive in real-time. And that’s where hi.guru comes in. hi.guru manages and stores all data such as consumers, users, companies, and company units. hi.guru lets you dynamically access your business conversations and outcomes, and tie them into analytics that powerfully impact your brand and operating growth.
Article source: https://www.forbes.com/sites/forbestechcouncil/2018/10/01/discover-the-hidden-value-inside-your-existing-data/#20849052779f