Today, in this uncertain business world you cannot miss a single chance to make your business smarter than others. Intelligence is the key to deliver two most important business activities — delivering results that set you apart and making the right decisions at the right time.
In last two years, organizations are witnessing a tremendous growth in data availability across different business systems. So, they must leverage the power of technology to convert insights into actions and then converting them into positive results
There are a great number of enterprises who are already following the right direction by integrating real-time analytic capabilities into their business strategies.
Real-time analytics enables to make more efficient decisions rather using traditional methods for decision-making with old data. It garners new low-latency tools that enhance the quality of strategic and tactical business decisions.
Here are 3 best practices that show how real-time analytics can help in making real-time decisions without compromising the quality of decisions.
1. Make use of continuous intelligence systems -
The continuous intelligence systems are functional all day and stay active to detect any risk by other system or a person. It proactively pushes notifications or alerts in real-time via screen pops or e-mails.
2. Brings business intelligence into business operations
Leverage the power of business intelligence and analytical tools to collect strategic insights and to make operation decisions in real-time. The main goal to enable these tools to business processes is to require instant reactions in changing conditions.
3. On spot sales with real-time tools
Real-time analytic tools help marketing representatives to make sales based on customer’s recent activities. It makes your business processes smarter and effective for customers.