Data Management

Data Management Solutions Implementation Partner. What sets EWX Apart?

How do you know that the decision you’ve made is the right one? Harnessing the power and capabilities of data management can help you!


As a business, you need to ensure that you’re making the most optimal decisions for your organisation, your team and your customers at all times.  Easier said than done, of course, particularly if there are multiple avenues to choose from when it comes to picking a course of action. 

How do you know that the decision you’ve made is the right one? Harnessing the power and capabilities of data can help you ensure that you’re making the right decisions every step of the way. 

Obtaining that necessary data, however, can be a challenging and time-consuming process, especially if you’re relying on manually-updated spreadsheets and disconnected data systems that create data silos and gaps in knowledge. 

Even Database administrators responsible for overseeing intuitive data management systems can easily find themselves overwhelmed trying to manage hundreds, if not thousands, of systems susceptible to glitches and sync issues. 

No matter what your business goals may be, adopting a data-to-decisions approach can get you where you want your business to go. To do this, you need to have the right data at your fingertips, making working with an experienced data management partner essential for mastering your data. 

 

What is Data to Decisions and Who Does It Benefit?

Data to decisions is a concept that data management partners talk about fairly frequently in the data space, particularly in the sphere of “big data '', but what does that actually mean to businesses looking to enhance the value of their data?

A data to decisions approach is based on the process of collecting data based on your company’s goals or key performance indicators, assessing them and translating them into actionable insights that inform your business decisions. 

 

What Does a Data to Decisions Journey Look Like?

Despite what data management companies might promise, adopting a successful data to decisions approach won’t happen overnight. It requires planning, anticipation, execution and evaluation. By following these steps, you can successfully adopt a data to decisions approach in your organisation:

  1. Know your objectives - Identify and understand the goals that you want to achieve through data management.

  2. Identify your data sources - The data sources you tap into should align with the areas of your business you want to analyse.

  3. Organise your data - Organise and represent the relevant data in one place to understand more easily how it connects and intersects. 

  4. Perform a data assessment - Depending on your larger goals, you may choose to analyse the represented data alongside customer and user research like surveys, case studies and even testimonials. 

  5. Draw conclusions - Assess what you see from the data that you already know and what information is new to you. Use these findings to piece together the larger story that your data is telling you about your business. 

By following these steps, you’ll successfully conduct and complete your data analysis and can begin developing your data-driven decisions and strategies.

Utilising both a historical and future-driven data analysis strategy, you can derive a clear picture of your business in motion, assessing its past and current performance, as well as predicting possible future performance.

Descriptive analytics enable you to analyse past performance and trends through data aggregation and data mining. Using forecasting tools that assess these historical metrics then produces predictive analytics which gives you a glimpse into how your businesses could perform in the future. 

Finally, prescriptive analytics combines insights from descriptive and predictive analytics to inform and suggest the best decisions to make that will benefit the business. 

Together, these three methods of analytics power and drive your data-to-decisions journey. 

Mapping Out Your Journey to Better Data Management 

At EnterpriseWorx, we understand that the data-to-decisions process requires careful planning and attention to detail. To extract genuine value from business data that will drive real, measurable results across a business, the right groundwork needs to be laid to prevent roadblocks or obstacles from developing in the pipeline.

Our workshop engagement model, Azure, is designed to help you get even more out of your business data before you’ve even begun the data to decisions process. 

Azure gives us and you the chance to sit down and discuss your business positioning, goals, concerns and considerations. We’ll collaborate with you to develop a clear roadmap to success unique to your data landscape, business requirements and stakeholder concerns. From there you can assess and decide if the proceeding is the best decision for you and your business. 

As a South African BPO provider, we’re uniquely positioned. Operating in South Africa with a global reach, we can provide businesses as well as partners entry and exposure into the UK market at a lower cost compared to UK data management providers. 

On top of this, many UK data solutions partners have specialised themselves in a niched corner, lacking the multi-industry knowledge and experience necessary to take on a wider array of data-hungry enterprises. 

EWX is a data management partner capable of taking on and solving a wide breadth and scope of data challenges, allowing your business to access multiple solutions from a single relationship resource, eliminating the need to outsource to multiple different data management partners. 

 

Conclusion

Good data management is all about following an iterative approach to data aggregation and analysis and using these insights to make strategic results-driven decisions. 

At EWX we have the experience, resources and capabilities to help you implement a comprehensive data-to-decisions approach adapted and facilitated according to your business needs. 

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