Optimizing Data Practices For Maximum Efficiency

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Optimizing Data Practices For Maximum Efficiency - Forbes

Quick Summary:

Business leaders know that if they want to beat the competition, they need to expand their data use to garner better insights and increase efficiency.

It's critical to understand how all these technologies integrate and how and when data is aggregated into common data sources so that it can be extracted as needed to generate decision-making insights.

For example, consider an organization that uses various data sources like competitor pricing, inventory levels and manufacturing costs to automate the pricing of products on its website.