5 Real-World Ways Brands Leverage Customer Data Analysis to Grow
Data-driven organizations are 23 times more likely to acquire customers, 6 times as likely to retain customers, and 19 times as likely to be profitable as a result. That's because there's nothing more powerful than knowing how to leverage customer data analysis. If...
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6 Things You Should Look For in a PIM System for Your Small Business
A Product Information Management System, or PIM system, is software that stores data about your products. It enables you to share that information across sales channels too. PIM can be a powerful ally in your business mission, or it can be a disappointing and...
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What Is PIM and How Does It Improve the Food and Beverage Industry?
The food and beverage industry is divided into two major segments. One of those is production and the other is the distribution of edible goods. Marketing software plays a big role in digital marketing strategy as well as the management for online retailers and...
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How Retail Data Analytics Are Shaping the Future of Grocery Shopping
In 2017, the world was putting out 2.5 quintillion bytes of data per day, and the amount of data we produce will continue to grow. As businesses, having access to key data will allow for review of retail data analytics that will directly shape decisions with an impact...
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7 Habits of Highly Effective Master Data Management Solutions
Your company's master data must be protected. If it isn't, your business may suffer greatly, or completely fail to operate. As part of that oh-so-important protection, adequate and effective management needs to be in place. So how is your master data management going?...
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How to Use CPG Data to Win Customers and Influence Sales
If you want to get more people to choose your brand over another brand, there are ways to make data-driven decisions that gain customers. Paying attention to old data isn't going to provide the results you want. You need real-time data to get the results you want. ...
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Understanding The Value of MDM Tools and The Impact on Your Business
If you've thought the amount of data your organisation is dealing with has been increasing, it's because it is. The numbers prove it. Over 2.5 quintillion bytes of data are created every day, and the number is growing. Experts predict every person on Earth will...
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The Future of GDSN – How It Will Impact Your Business
According to Veritas, only 15% of data out there can be classified as Business Critical Information. This excess data could cost $3.3 trillion in storage and management by the year 2020. The reason why so much of this data is unaccounted for is partly due to a lack of...
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Healthcare IT Solutions: The Role of PIM in Healthcare
Product Information Management (PIM) systems are expected to grow up to 25.5% by 2023. There is even a growing demand for PIM in the medical field. Specifically, this interest lies in healthcare IT solutions. But what's the hype all about? Why are those in the...
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Healthcare Supply Chain Management: How It Impacts The Patient Experience
According to a recent survey, over 69% of Healthcare leaders in IT emphasised on healthcare supply chain management as they believe it is an important factor for actionable data mining. In addition to that, with over $672.1 billion spent on Medicare in just one year,...
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