We all know PLG, but have you heard of #DLG? The concept of Data Led Growth explores how to be a #datadriven organization with a clear emphasis on data as a growth enabler. This approach allows startups to focus on what's most impactful, integrating data strategically into their decision-making processes. Earlier this week we hosted the insightful Dorit Salama Sfadyah & Liran Schved from Data Strategy and product expert Limor Segev to a discussion about how startups should manage their data. Some pro-tips that were shared: 🖊 Early Investment in Data: Startups should prioritize data from the outset. Bringing in a data expert early ensures better infrastructure and impactful analysis. 🖊 Scalable Data Infrastructure: Build flexible, scalable data architectures from day one. Avoid waiting until issues arise to implement data management practices. 🖊 KPI-Driven Insights: Define KPIs that go beyond revenue, focusing on client value and engagement. Use these insights to guide product adjustments and drive growth. #StartupSuccess #Innovation #GrowthHacking #product
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Did you know poor data quality can cost businesses millions? At Analytixx, we're committed to harnessing the power of data to drive positive change, especially for women-backed and POC-backed businesses. Recent studies reveal the staggering growth of women-owned businesses globally, yet they face significant hurdles. Startups with all-women teams receive just 1.9% of venture capital funding, highlighting a glaring disparity in investment opportunities and smaller margin of error for us. Inaccurate data exacerbates these challenges, leading to lost revenue, increased costs, and poor customer experiences. Businesses relying on flawed data make misguided decisions, resulting in missed opportunities and dissatisfied customers. But where does the issue originate? Identifying the root causes in your data pipeline is crucial. Utilizing techniques like the 5 Whys method allows us to pinpoint underlying factors contributing to data quality issues. Once identified, prioritizing solutions becomes imperative. We must assess the feasibility, scalability, and alignment of each solution with our business goals. Whether it's implementing data cleansing protocols, enhancing data governance, or investing in advanced analytics tools, proactive measures are essential for mitigating risks and maximizing revenue. In the coming weeks I'll go into further details on how to improve data quality, how to integrate data across multiple sources, improving operations, and many more business problems that can be troubleshooted through Business Intelligence (BI) AI. #DataQuality #WomenEntrepreneurs #BusinessAnalytics #BusinessIntelligence
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How has the world of IT and Software enterprises been transformed by data analytics? Nowhere is this change more profound than in Europe, where startups like Matrixian Group are at the helm, pioneering a future where data is a powerful tool fueling innovation. Our latest piece explores this unfolding revolution. Featuring insights from Matrixian Group's own founder, Luke Lipline, the article sheds light on how Matrixian Group interprets and converts open data into valuable insights tailored to their client's specific needs. Operating from Amsterdam, Matrixian Group has created a space where data and technology intersect to create value for individuals, companies, and society. They serve as testament to how data analytics is poised to change landscapes in the European IT industry and beyond. Find out more about this revolution here: https://lnkd.in/eeaWRF-Z Join us as we explore the new era of data analysis, where intelligence meets insight. If you're part of the IT and Software industry, this is knowledge you cannot afford to miss! #EUStartups #ITandSoftwareEnterprises #DataAnalytics #MatrixianGroup
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Integrating Business Digital Transformation & Augmented Intelligence | Innovating Digital Health | Enhancing Business Analytics | Strategizing Organizational Development | Teaching-Consulting-Publishing | @ EnterprisIO
As we embrace the future of strategic business planning and investment, EnterprisIO - Insights to Outcomes, stands as the torchbearer of innovation. To unlock the untapped potential of digital businesses and pave the way for a prosperous future, look no further. Visit entrerprisio.com and embark on a journey of informed decision-making that transcends borders and transforms possibilities into realities. #digitalbusinesstransformation #dataanalysis #businessanalytics
3 business problems data analytics can help solve | MIT Sloan
mitsloan.mit.edu
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The Role of Data Management in Business Decision-Making In the digital age we live in, data, called the new fuel, provides a competitive advantage to companies that encourage innovation and know how to use its power effectively. The basis for using this useful knowledge is knowledge management: a set of activities, processes and tools designed to use knowledge effectively and efficiently. The role of knowledge management in business decision making cannot be overstated. It transforms raw data into actionable insights, leading to actionable results that can drive business growth. Read More: https://lnkd.in/d4uQ6jEM #thealgorithm #softwaredevelopmentcompany #customappdevelopment #startup #digitalagency #customizedsoftwaresolution #comprehensiveservices #growyourbusiness #increasesales #Colorado #us #usa #unitedstates #digitalsolution #SoftwareDevelopment #ProductDevelopment #datamanagement #businessintelligence
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The Big Data Revolution: Are Fintech Companies Ready to Rise Above the Curve? 👉 As technology evolves, so does the amount of data available, offering businesses a goldmine of insights to revolutionize their operations and decision-making. At SmartDev, we understand the complexities of the global Fintech landscape and the transformative power of big data. We partner with businesses of all sizes to navigate the complexities of big data and unlock its full potential. 🌟 Implementing Big Data for Success: A Step-by-Step Guide A successful big data implementation requires careful planning and execution. Here are key steps: 1️⃣ Define Your Goals: Clearly outline what you aim to achieve using big data analytics. Do you want to personalize customer experiences, improve fraud detection, or optimize risk management? 2️⃣ Data Collection and Integration: Identify relevant data sources, such as transaction history, customer demographics, and social media interactions. Integrate them into a central repository for seamless analysis. 3️⃣ Data Cleaning and Preprocessing: Ensure data accuracy and consistency by cleaning and preparing it for analysis. This might involve removing errors, formatting inconsistencies, and handling missing values. 4️⃣ Data Analysis and Modeling: Apply appropriate analytics techniques, such as machine learning and artificial intelligence, to extract valuable insights from your data. These insights can inform targeted marketing campaigns, personalized financial services, and risk mitigation strategies. 5️⃣ Visualization and Reporting: Present your findings in an easily understandable format, like intuitive dashboards and reports, to empower informed decision-making across your organization. 6️⃣ Continuous Improvement: Regularly monitor and evaluate your big data analytics process. Identify areas for improvement, refine your strategy, and adapt to evolving data and market trends. 👉 Ready to unlock the power of big data? Access the full article "Making Big Data in Fintech Work for You (and Your Customers)" to learn how big data is transforming the Fintech landscape and how SmartDev can help you harness its power! #fintech #bigdata #datadriven #innovation #SmartDev #SmartDevBlog
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Sales Representative @ VerySell Group | Switzerland | Accelerating Growth through Technology Expertise
🌟 The Big Data Revolution: Rise Above the Curve in Fintech! 🌟 Ready to unlock the power of big data? At SmartDev, we specialize in navigating the complexities of big data in the global Fintech landscape. Our step-by-step guide will help you harness its transformative potential for personalized experiences, fraud detection, and risk management. 🔓 Discover the Steps: 1️⃣ Define Goals 2️⃣ Collect and Integrate Data 3️⃣ Clean and Prepare Data 4️⃣ Analyze and Model 5️⃣ Visualize and Report 6️⃣ Continuously Improve Join the future of Fintech innovation! Access the full article "Making Big Data in Fintech Work for You" to learn more. #fintech #bigdata #innovation #SmartDev #SmartDevBlog
The Big Data Revolution: Are Fintech Companies Ready to Rise Above the Curve? 👉 As technology evolves, so does the amount of data available, offering businesses a goldmine of insights to revolutionize their operations and decision-making. At SmartDev, we understand the complexities of the global Fintech landscape and the transformative power of big data. We partner with businesses of all sizes to navigate the complexities of big data and unlock its full potential. 🌟 Implementing Big Data for Success: A Step-by-Step Guide A successful big data implementation requires careful planning and execution. Here are key steps: 1️⃣ Define Your Goals: Clearly outline what you aim to achieve using big data analytics. Do you want to personalize customer experiences, improve fraud detection, or optimize risk management? 2️⃣ Data Collection and Integration: Identify relevant data sources, such as transaction history, customer demographics, and social media interactions. Integrate them into a central repository for seamless analysis. 3️⃣ Data Cleaning and Preprocessing: Ensure data accuracy and consistency by cleaning and preparing it for analysis. This might involve removing errors, formatting inconsistencies, and handling missing values. 4️⃣ Data Analysis and Modeling: Apply appropriate analytics techniques, such as machine learning and artificial intelligence, to extract valuable insights from your data. These insights can inform targeted marketing campaigns, personalized financial services, and risk mitigation strategies. 5️⃣ Visualization and Reporting: Present your findings in an easily understandable format, like intuitive dashboards and reports, to empower informed decision-making across your organization. 6️⃣ Continuous Improvement: Regularly monitor and evaluate your big data analytics process. Identify areas for improvement, refine your strategy, and adapt to evolving data and market trends. 👉 Ready to unlock the power of big data? Access the full article "Making Big Data in Fintech Work for You (and Your Customers)" to learn how big data is transforming the Fintech landscape and how SmartDev can help you harness its power! #fintech #bigdata #datadriven #innovation #SmartDev #SmartDevBlog
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🎉 📣 Announcing PivotX Advisors: Your Partner in Data-Centric Business Transformation 🎉 📣 This New Year marks a noteworthy milestone for me, signaling a critical change in my professional journey. In August 2023, we embarked on an adventure and launched PivotX Advisors, a specialist consulting and architecture services firm focused on Data and AI advisory and consulting services. Throughout my career, I collaborated with clients on large-scale data transformations programs, and I look forward and am committed to continuing my journey helping them lean into growth with the strategic use of data and AI through PivotX. At PivotX Advisors, our mission is to help businesses unlock their full potential by adopting a data-centric approach, viewing data not just as a resource but as a product in its own right. Why PivotX Advisors? In an era where data is the new gold, our unique approach focuses on transforming your business to become data-centric (#DataAndBeyond). We want to embark on a journey with our clients, recognizing that each business is at a different stage of its digital transformation. Our philosophy is simple yet powerful: focus on business outcomes, not just deliverables. We believe in creating journeys, not just use cases. In short its about Data & Beyond – AI driven growth by taking a business first approach. What sets PivotX apart? Our team of experts understand that change can be overwhelming. That's why we meet you where you are, guiding you at a pace that aligns with your capacity for change. Our goal is to empower your business, leveraging the power of data, digital innovation, and AI, to drive growth and efficiency. Visit our website www.pivotxadvisors.com to learn more about how PivotX Advisors can help you harness the power of your data and embark on a transformative journey towards a more data-centric, efficient, and innovative future. Together, let's redefine the future of business with data! Stay tuned for more updates, insights, and success stories from PivotX Advisors. “The journey of a thousand miles begins with a single step.” – Lao Tzu #PivotXAdvisors #DataCentric #DataAsAProduct #AISolutions #DataAndBeyond #Growth #datastrategy #aiandbusiness
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Are you wasting time and resources preparing data instead of leveraging it for strategic decisions? In today's fast-paced business environment, traditional data preparation methods are not just time-consuming—they are a bottleneck. Delayed access to data means missed opportunities, slower decision-making, and a competitive disadvantage. If you're still stuck in the cycle of data extraction, modeling, and preparation, you're losing valuable time and insights that could drive your business forward. At Incorta, we understand the importance of rapid and accurate data access. Here’s how our platform can revolutionize your data management: ➡ Streamlined Data Integration: Eliminate the traditional steps of data extraction, modeling, and preparation. Our platform integrates complex data from multiple sources in less time and fewer steps. ➡ Accelerated Decision-Making: With faster access to decision-ready data, you can make informed decisions swiftly, staying ahead of the competition. ➡ Enhanced Accuracy: Access data that is 100% identical to the source with transaction-level detail, ensuring that your AI and ML models are always working with the most accurate and up-to-date information. ➡ Significant Cost and Time Savings: By reducing report buildout time by 90% and saving millions in annual costs, Incorta allows you to reinvest those resources into strategic initiatives that drive growth. ➡ Improved Operational Efficiency: Our prebuilt solution accelerators simplify the implementation of analytics, making it easier for your team to adopt and utilize the platform effectively. Stop letting outdated data processes hold you back. Discover how Incorta can transform your data management and drive impactful ROI. #digitaltransformation #finance #cfo #data #businessanalytics #generativeai
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Chief Data Strategy Officer | Expert in Data Monetization & Market Intelligence | Alternative Data for Capital Markets | Advisor | Founder
I am very passionate about #alternativedata and its broad (and increasing) value-add in the Investment Management Industry. It is clear to me that most #PrivateEquity firms are overlooking this game-changing asset. As much as I believe there are significant opportunities (and use cases) for public equity investors to further leverage alternative data (see my prior post), the potential in PE remains largely untapped. Here are 3 key areas where private equity investors can integrate data: 1. Enhanced due diligence: Non-traditional data can provide a detailed picture of the target and its competitors well beyond what might be provided in the data room. Alternative data can validate (or refute) the company’s claims about market positioning, brand strength, customer loyalty etc. 2. Ongoing monitoring of portfolio company (and competitors) KPIs: This near real-time data can identify trends and inflection points early – assisting in the identification of new opportunities or managing emerging issues before they become significant. 3. Monetization of portfolio company data assets: Many portfolio companies are sitting on valuable data assets that can be productized and monetized externally. This can be a significant growth opportunity. In certain instances (eg, earlier stage growth companies), alternative data can be used for idea generation and deal sourcing to uncover hidden gems before they hit the market. Whether it’s social listening data or foot traffic data, many valuable insights and emerging trends can be gleaned. Lastly, with #GenAI solutions coming to Wall Street, access to and an in-depth knowledge of the data ecosystem will become more important to remain competitive. #DataStrategy
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Discover the hidden potential of your data! We transform information into actionable insights that propel your business's success. Let our team of data experts will lead you into a data-driven future. Contact us now: https://lnkd.in/gps9YhCR #thealgorithm #softwaredevelopmentcompany #startup #digitalagency #customizeditsolution #growyourbusiness #increasesales #Colorado #us #usa #unitedstates #Innovation #DigitalSuccess #technology #customsoftwaresolution #softwaredevelopment #softwaresolution #productdevelopment #digitalpresence #BusinessInnovation #PartnerWithTheAlgorithm #TailoredDevelopment #TechExcellence #BusinessGrowth #dataanalytic #datadrivendecisions #businessintelligence #consulting
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