It’s a new year, but we’re still facing many of the same challenges as in 2022. Businesses are preparing for greater economic uncertainty, often looking for creative ways to keep costs low while still meeting goals for the year. By becoming data-driven and using data intelligence to fuel business decisions, leaders can confidently make key decisions and move their business in the right direction.
In fact, according to a recent IDC report, companies that used data intelligence to fuel business decisions saw a 484% three-year ROI and a total average of $9.1 million in annual benefits. Data intelligence also increased revenue and productivity while reducing costs. For example, taking a data-first approach can help data analytics teams locate data and reports 57% quicker, increasing productivity by 13%.
