Questions You Need To Ask About Your Data Analytics Strategy
When devising your business data analytics strategy, asking the right questions will steer your analysis effort in the right direction and deliver maximum value to your project. You should look at your data strategy from different perspectives, like data sources and systems, data processing and storage, as well as data visualization and communication. These big data questions have the power to connect you with insights and support your business goals. What current business problems are you trying to address? Data strategies must be tuned to your business goals. Insights obtained through business data analytics are only relevant when resources are available to follow up on them. Also, make sure to have allocated business partners to understand and act upon them. Is your core business strategy defined for the next 2–3 years? Your data strategy must be goal-driven to reduce cloud costs , increase customer conversion, improve customers’ LTV, or research new features. These go...