Companies can achieve Big Data success by starting small and focusing on the highest leverage opportunities, which can usually be found in sales and pricing strategies. Successful Big Data applications should be able to answer key questions that fall under the business intelligence umbrella (such as, “How do I sell more products to an existing customer?” or “Can I extract a higher price for this specific transaction?”). The ability to answer these questions with Big Data insights can help organizations respond more quickly to their customers, and also enable them to drive sales volumes and increase revenue. Here are seven ways, identified by PROS, to change Big Data from a buzz word to an actionable opportunity.
As these emerging technologies continue to race ahead, there is an unprecedented opportunity to harvest those data streams and generate incredible new insights. ... More >>
There's no magic bullet, but the essentials are to make sure to have the right tools at your disposal while on the move to communicate with your teams in ways that fit your needs, as well as being flexible, clear and direct in your communication. ... More >>
While businesses have been slower to move enterprise apps to the cloud (only a third are currently using cloud-based enterprise apps), it's not due to a lack of wanting. ... More >>