Big data sounds intimidating.
Your organization is inundated with data on a daily basis, from the emails flying in and out of your inbox, to the files you push to cloud storage, to the deals you close with your customers.
Somehow, you manage to keep track of it all through your organization’s many systems. Often, however, that information is trapped somewhere, obscured from another system or another person that needs it.
You may feel as though it’s impossible to manage all of your data, turning your flood of data into an ocean of despair.
It doesn’t have to be that way.
Technology is supposed to help you, not hinder you.
That’s where a digital business duplicate, more commonly known as a digital duplicate, comes into play.
What Is A Digital Duplicate?
A digital duplicate represents your company as a series of ones and zeroes. Each of your organization’s separate technologies is connected, similar to how each of your body’s limbs is connected and controlled by your brain. Having one central location for all of your company’s data improves with collaboration and problem solving in real time.
How Does A Digital Duplicate Work?
Organizing data into one central location is easier said than done. Each system outputs data in a variety of formats. This often causes headaches in the people trying to extract information from them.
However, a digital duplicate can process multiple data types and return them in a uniform manner. This consistency ensures quality data. Using a digital duplicate, your team members can generate insights based on what they see across the entire landscape of your company, leading to more nimble problem solving about, say, revenue opportunities or risk mitigation.
Digital Duplicates Perform Quickly
Because digital duplicates handle multiple data types when they’re put in to the system, people can more quickly find what they need when they need it.
TADA, in particular, performs at 10 times the speed of other competitive business intelligence tools.
Digital Duplicates Help You Identify Patterns
Arguably the best benefit of big data is its ability to help you with predictive analytics.
With large data sets, digital duplicates can do some of the work for you by aggregating data together in one place. Then, a data analyst can use his or her watchful eye to identify and predict opportunities for predictive maintenance in your supply chain, demand forecasting, and even price improvements.
Big data is here to help people and companies. It’s not something to be feared. It’s not taking anyone’s job.
Yes, processes must be put in place to manage and govern it.
Ultimately, though, organizations will thank big data for increasing their growth and knowledge.