the-importance-of-data-as-a-strategic-asset-how-to-transform-your-business-into-a-data-driven-organization
Data is crucial for various purposes such as informed decision-making, problem-solving, gaining greater understanding, improving processes, and understanding customers. With real-time intelligence available, leaders can make informed decisions on the direction of their organization.
Data can help identify problems and provide solutions, and it can also help us understand trends and patterns in our lives and in the world around us.
By analyzing data, our specialists can identify inefficiencies and improve processes, as well as gain a better understanding of our customers to provide them with better products and services.
Let's go through the main reasons why data is an important strategic asset:
• Increases Operational Efficiency and Savings
Azure's elastic, intelligent, and highly available capabilities allow for rapid adaptation to changes in the business environment, resulting in cost savings.
• Creates More Value for Customers
Utilizing Azure databases can foster innovation and expedite the time-to-market for developing new products and services.
• Keeps Staff Engaged and Productive
By utilizing Azure's fully-managed solutions for database management, your team can automate the process and free up capacity to focus on more strategic initiatives.
• Accelerates Innovation
To maximize the return on data investments, the Microsoft Intelligent Data platform can help break down data silos.
• 54% increase in revenue performance
• 44% faster time to market
• 62% improvement in customer satisfaction
• 54% increased profit results