How to achieve an effective data strategy in your data-driven business?

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In a context where information plays a central role, having an effective data strategy is essential. Discover good practices to achieve this.
In a data-first and digital-first world , a company's most important asset is its data. Information about the market, about the trends in its industry, about its customers and suppliers; everything it needs to grow and be a leader in its segment is there.

To bring this information to life and enhance its value for the business, the data collected must first be of quality and analysable. Having a data strategy is an essential requirement and the great overseas chinese in australia data is how to implement it effectively.






HubSpot BLOG

90 % of corporate strategies will explicitly mention information as a critical business asset and analytics as a core competency.

Source: Gartner



The data economy, the development of data analysis software and computing power have further increased the importance of having a data-driven strategy that spans the entire organization.

Let's look at some examples:

An insurance company analyzes structured and unstructured data, from direct and indirect sources, to better understand its customers' demographics and behavior, seeking the right balance between underwriting risk and associated premiums.

A car rental company seeks to improve its customer experience and overall vehicle uptime key indicators by cross-referencing onboard vehicle data with individual maintenance shop performance and related employee skill sets to identify gaps and opportunities.

An educational content provider seeks to capture the usage and learning patterns of its students through online interactions with learning platforms, in order to provide adaptable solutions that adjust pedagogy to individual student needs and improve educational outcomes.