Articles

Analytics Are A Source Of Competitive Advantage, If Used Properly

Customer expectations have reached an all-time high and industry competition is ever increasing — putting businesses under constant pressure to increase efficiency and improve results. 

At the same time, the amount and type of available data have grown exponentially — companies can now collate this information from across their organization and across broader industry sources. Access to this growing pool of information creates a significant competitive advantage and provides a unique opportunity to conduct in-depth market research — offering rich insight into recent sales trends, critical business improvements and gaps in the market to exploit.

Source: forbes.com
Author: Nitin Seth

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