Teradata stories - Page 4

With the massive growth in data, companies depend on trusted analytics to turn that data into valuable and timely insights.

Social media has overtaken TV as the key influencer in consumer decision making, according to a report by Teradata.

Data and analytics can derive significant value for some organisations, however, the concept may be too difficult for some to grasp.

ANZ organisations are on their way to becoming data-centric and will eventually leave simple data analytics behind, says Teradata.

Teradata says the Analytics of Things is key for IoT devices to generate value. Data must be analysed to be useful.

CIOs and IT teams now hold responsibility for data projects in Australia and New Zealand businesses, finds Teradata.

Organisations that maximise the possibilities of IoT more competitively, with a large-scale focus, will realise IoT and data analysis go hand-in-hand.

Increasing stakeholder demands, regulatory changes, and disruptive competitors are putting businesses at greater risk, according to Teradata.

Organisations must let the data tell the story, and not be prejudiced by any preconceptions of what might be causing the business issues in question.

Businesses are being advised to centralise administration tasks to better focus on strategic and creative efforts that contribute to business success.

Online customer experience is crucial for retailers trying to attract millennial shoppers, according to Teradata.

Businesses urged to embrace agile marketing strategies to deliver real-time experiences to customers. #marketingstrategy #agilemarketing.

To achieve the speed and responsiveness required to keep up, businesses must optimise human intervention when it comes to analysing data.

The potential of the Internet of Things is underestimated, according to Teradata, who stress the importance of analytics.

Organisations should consider creating roles for data scientists as big data continues to provide valuable insights, says Teradata.

Australian companies are not utilizing email marketing to its full potential, according to research by Teradata.

Teradata underscores the need for bespoke big data solutions, advising firms to forge unique analytic strategies for competitive edge.

Consumer levels of digital media consumption are on the rise, so it’s more important than ever that businesses use a data management platform.

While data promises business transformation, Teradata reveals pitfalls leading to wasted time and resources in ill-aligned strategies.

Teradata urges industries to close the digital skills gap by fostering martech experts, retraining staff, and curricular collaborations.