Your business data is the result of you and your team’s hard work, it also helps you understand the intricacies of your own operations, and where you want it to go in the future. Does your business have a process for collecting, storing, and sorting vital data so that your organization can figure out where to go next?
At ActiveCo Technology Management our goal is to help organizations like yours make full use of technology. A dedicated data warehouse is a virtual construct that embraces the future of data analytics, allowing business owners to strategically plan the next initiative that will take business to the next level. Here are some of the types of data a comprehensive data warehouse would hold.
Your business will want to maintain client information like email addresses, mailing addresses and phone numbers. You should also include any information about services that you’ve rendered for them and, where possible, a detailed relationship history.
Similarly, your organization also depends on contact with vendors who provide the resources required in order for your business to succeed. This could be in the form of software solutions provided by a developer, or hardware issued by a distributor. Utilities, like your Internet, electricity, HVAC, etc. are equally as important, as they make your office an environment suited for work. In the event the information about your vendors is compromised or lost in any way, you will want to be ready to recover it so that your business relationships can continue to function properly.
While storing data (and backing up data) related to your vendors and clients can help your business recover in the event of a disaster, you also want to use this information to learn more about your clients. Doing this is called analytics. Leveraging analytics is a great way to take seemingly arbitrary numbers and find trends that mean something for your business. At ActiveCo, we use analytics & business intelligence to better ourselves every day.
If your business truly wants to take advantage of data during the new year, now is the time to take the initiative and invest in data warehousing and corresponding analysis. To learn more about these solutions, reach out to ActiveCo Technology Management at (604) 425-3433.