Data: the new “gold”
Corporate competitiveness has been presenting new metrics, derived from an exponential increase in information concerning all domains. If it is true that data are the new “gold”, it is also true that many companies are not processing these data in the best way possible, also not deriving their due value for nowadays’ tough decisions.
Some of the challenges faced by modern management are: how can we know whether we are making the most of the existing data in our company? What is the company’s digital maturity?
In this sense, Intelligent Algorithms developed a questionnaire that allows for an initial check-up to assess how companies use data so as to remain sustainable and competitive. Through the answers, it is possible to identify gaps and, from there, appropriate measures can be taken so that companies become more data-driven .
The questionnaire allows you to understand how much value your company is extracting from data in 5 areas:
- Innovation;
- Decision-making;
- Automation;
- Risk reduction;
- Information management.
Why a check-up in these areas?
These are the areas with the greatest impact on Data Science and Artificial Intelligence solutions which are currently available. At the same time, they are also important progression vectors in business competitiveness, from which other areas derive, such as productivity, efficiency or technological sophistication, for example.
Some advantages of data science and artificial intelligence in different areas:
Innovation:
- Identification of new market trends;
- Detection of changes in consumption that may reveal opportunities for new products;
- Discovery of new sales hotspots through Clustering and Segmentation methodologies.
Decision making:
- Creation of a Business Intelligence strategy;
- Improvement of the use of Business Intelligence and adjustment of Dashboards with updated KPIs;
- Valuable insights extracted from data;
- Optimization of the Marketing strategy in order to become more efficient.
Automation:
- Automation of recurring processes;
- Automatic tracking of information for management purposes;
- Support in Big Data management, making it more agile and faster;
- Greater speed in the process and less human dependence in task execution.
Risk reduction:
- Help in the anticipation of crisis scenarios;
- Detection of customers about to leave;
- Alert for deviations in KPI’s;
- Support in the detection of anomalies / fraud;
- Increased security level.
Information management:
- Improved data quality;
- Organized and structured data;
- Improved Data Governance policies.
How does it work?
Data Check-Up takes just 5 minutes to complete. To answer the questionnaire, you should access this link.
After answering the entire questionnaire, you will receive a report with:
- The overall result;
- Partial results for each of the 5 areas;
- Assessment of the score obtained;
- Recommendations for immediate (and practical) actions to improve your company’s results.
We believe organizations have all the advantages of adopting a data-driven attitude and knowing their level of digital maturity in order to achieve that goal.
Do you take up the challenge?
Inspiring companies to explore new challenges through the power of data