Digital transformation data exploitation
Posted: Sat Feb 01, 2025 6:27 am
increasing the entity's capacity to manage data,
sharing data in a quantitative and qualitative manner ,
accessibility of data to rights holders to better meet needs.
The advantages
The first advantage to address is undoubtedly the optimization of activities and processes . We can then mention the sale of data, because being valued, they become a "product" for companies to market. Another key advantage is the creation of new services and products within the company.
On the other hand, valuing data offers the company the paraguay whatsapp number database strengthening of knowledge and customer relations. We can then talk about the improvement or enrichment of the services offered by the company. Finally, the last advantage is the facilitation and acceleration of decision-making.
How to enhance the value of data collected by a company?
Now that the notion of data valorization has been shed light, how does it take place?
Principles of data valorization
The data valuation process can be divided into four main steps. However, it is essential for your company to first determine what value it wants to derive from the data to be valued. Once this objective has been defined, it is then necessary to begin the valuation itself.
The first step is a management step . This management takes into account the data sources, whether internal or external. During this step, you must rely on the objectives predefined by your company in order to monitor the sources of data to be valued. This monitoring work allows you to sort the data and distinguish between usable information and that which is not. In order to successfully complete this step, you must first take care of setting up data source management systems.
sharing data in a quantitative and qualitative manner ,
accessibility of data to rights holders to better meet needs.
The advantages
The first advantage to address is undoubtedly the optimization of activities and processes . We can then mention the sale of data, because being valued, they become a "product" for companies to market. Another key advantage is the creation of new services and products within the company.
On the other hand, valuing data offers the company the paraguay whatsapp number database strengthening of knowledge and customer relations. We can then talk about the improvement or enrichment of the services offered by the company. Finally, the last advantage is the facilitation and acceleration of decision-making.
How to enhance the value of data collected by a company?
Now that the notion of data valorization has been shed light, how does it take place?
Principles of data valorization
The data valuation process can be divided into four main steps. However, it is essential for your company to first determine what value it wants to derive from the data to be valued. Once this objective has been defined, it is then necessary to begin the valuation itself.
The first step is a management step . This management takes into account the data sources, whether internal or external. During this step, you must rely on the objectives predefined by your company in order to monitor the sources of data to be valued. This monitoring work allows you to sort the data and distinguish between usable information and that which is not. In order to successfully complete this step, you must first take care of setting up data source management systems.