4 ways to use data and analytics on your innovation journey
Published on 17th November 2020 by InterEx Group
In today’s market employing modern data and analytics is crucial to understanding new market behaviours, responding accordingly and fine-tuning services on the go. In a recent Harvard Business Review report, 91% of respondents agreed that effective data and analytics strategies are essential. However, only 20% agreed that their organisations are mature in this area. If you’re looking to become more data-driven, there is an overwhelming amount of choice and many questions that arise around how to start the journey and what tools to use.
According to Microsoft, these are four key ways in which you can use data to speed your journey to innovation:
- Get a single, holistic view of business performance to drive innovation
- Improve and simplify decision making
- Disrupt business models with innovation
- Empower innovation for all employees
Read the full article from Microsoft here.
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