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How Business Analytics Can Influence Decision Making

Analytics is at the forefront of business growth in 2019, serving as an important keystone to assess what has happened in the past, and influence your company’s future. Improving overall performance across businesses of varying sizes – companies who embrace analytics allow their IT departments to produce results on efficiency, KPI’s and risk management.

With data management well beyond the days of spreadsheets, technological advancements have enabled unprecedented amounts of data to be recorded and categorised. With this potential growth, business decision making is moving towards the utilisation of Big Data to influence their future decisions, rather than working from gut instinct or feeling. Understanding how and why decision making is being changed is crucial, along with understanding how data analytics can aid your business’ future performance.

Source: mybusiness.com.au

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