Data Platform Capabilities for Real-Time Strategies
The way we do business is changing too fast these days— from disruptions of the COVID-19 pandemic and continuing supply chain issues— organizations must rely heavily on historical data and current analytical models. In addition, emerging technologies such as edge devices and the Internet of Things (IoT) add an additional layer of complexity. Enter: real-time data.
The implementation of better, faster, and more accurate data is a game-changer for businesses that want to stay competitive, increase revenue, minimize risks, and continue to evolve. According to a recent study executed by Accenture: “to find new patterns in data and better anticipate future decisions, new data sets—including real-time data from across the value chain—are being processed by new analytic approaches based on artificial intelligence.”
- key recommendations to make the most of real-time capabilities
- the fundamental role of data in a modern, ever-changing landscape
- how to govern real-time data to ensure compliance and adhere to regulatory laws
- the essential technologies to achieve your data and business goals