Businessman drawing ROI (return on investment) with graphs

Who doesn’t want the largest return on their investment? The article written by Chris Twogood, How To Produce Ongoing Returns With Big Data,  compares current Data and Analytics systems to what he claims is actually needed in today’s businesses.

He writes, and we agree, that Data within companies only continues to grow in volume and variety. Data solutions are developed to handle one issue at a time, which causes data to remain separated and replicated over-and-over again. It’s a prime example of a short term or one-off solution, and it can’t be the best way, right?

Twogood explains, the solution is to implement a sustainable, central data and analytics model that can ensure calculation of vital analyses. Because action and decision begin with the same question…What does the data tell us?

In this article, what stood out to me and truly symbolized what PARIS Tech, the sponsor of OLAP.com, is all about: “To satisfy the individual requests of the organization, an analyst or end user should be able to access data at any time to apply the analytics  available.”

PARIS Tech makes it possible for organizations to share an analytical data model in real-time from different applications. Because, like Twogood says, users need to be able to access data at any time, and even real-time. With this concept front-and-center, organizations can see:

  • A reduction in time to meet new needs
  • Less complexity and cost of infrastructure
  • Higher productivity

Click here to read the full article.