2 Tips for Data-Driven CPG Customer Satisfaction
Over the years, Precisely has had the honor of partnering with some of the largest, most prestigious consumer packaged goods (CPG) brands in the world. A common need that our teams help these businesses tackle, is the early challenge of rallying executive support for investments in data – followed by an initial sprint of establishing […]
The Recipe for Enterprise Data Governance Success
As a Director of Sales here at Precisely, I hear the question from customers all the time: “How do I know that my business is ready for data governance?” I like to break down enterprise data governance readiness into a recipe of sorts, with a checklist of ingredients to go along with it. Immediate first-level qualifiers – […]
5 Data Quality Best Practices for Consistent and Error-Free Data
You know why data quality is important. But do you understand what data quality looks like in practice? If not, this post is for you. Keep reading for a primer on data quality best practices. Ensuring data quality means making sure that your data sets are fit to serve the goals you intend to meet […]
Frustrated Over Data Disorganization? Why You Need a Data Catalog Now
Data contains the keys to managing your company’s most valuable assets. Businesses use data catalog tools to make crucial decisions, monitor systems, overcome challenges, solve problems and the list goes on. With the mountains of data and materials data users must sift through to find the information they need, it’s not surprising Gartner says that […]
Four Considerations for Streamlining Data Initiatives in Work From Home Environments
By now, it’s clear that remote working is the new normal. Businesses have settled into their work from home practices , managing employees offsite and learning new ways to remain productive. IT teams have figured out how to provide secure access to data for a remote workforce. And business teams replicated their work environment in […]
Winning Strategies for Successful Analytics Projects
How Organizations Leverage Data Analytics to Turn Data into Value For businesses to realize the full potential of their data assets, they must leverage data analytics and data prep to enhance operational efficiencies, drive growth, improve the customer experience and optimize business efficiency. The most advanced companies derive analytics from their data to evaluate the […]
What is Data Prep and Analytics?
In a perfect world, businesses use data to make strategic business decisions for operations management, customer insights, growth strategies and performance tracking. But not all organizations have figured out how to establish efficient data prep and analytics processes. To draw valuable analytical insights that benefit the business, organizations must first prep data for analysis. Once […]
Achieving Data Compliance: What You Need to Know
Data compliance is not a static issue. In fact, it’s been shifting for years – and fast. As the Senior Vice President of Product Management here at Precisely, I talk to a lot of businesses who have been trying to keep up with these ever-changing regulatory requirements. Becoming more informed and prepared to tackle these […]
4 Priorities in Building Insurance Data Governance initiatives
Traditional insurance data governance initiatives frequently fall short of expectations because they focus too heavily on policies, compliance, and enforcement. That can lead to a disconnect between business users, the data governance team, and executive management. A truly successful data governance process is built on four key priorities that put business value in perspective, creating […]
How to Build Data Governance Programs That Lasts: A Business-First Approach
Data analytics and Artificial Intelligence play an increasingly pivotal role in most modern organizations. To keep those initiatives on track, enterprises must roll out data governance programs to ensure optimal business value. Data governance has become a fundamental element of success, a key to establishing the component of the data integrity framework in any business. […]
Four Reasons to Prioritize Data Quality
Few organizations have created dedicated data quality teams, according to a study from O’Reilly Radar. To make matters worse, only 20% of companies track and report data lineage. And while reliable analytical insights require high-integrity data, many organizations only prioritize data quality when revenue, brand reputation, or regulated data is on the line. Companies can’t […]
Top Trends Influencing Data Driven Business Success in 2022 – Part II
Big data has come of age. We are at a turning point in analytics, as business leaders find new ways to drive meaningful results with data. Companies are going beyond the tactical benefits of old-school BI and finding new ways to drive strategic value. As the business environment remains steeped in uncertainty, business agility and […]