Assume the ease of retrieving information present at your fingertips for taking momentous business decisions. This will only be possible with collating data meticulously across distinct functional processes, aided with cross-functional analysis, and crystal reports. With advanced in understanding of key data concepts, Big Data has enabled firms to choose organizational data strategy connecting varied forms of data with an ideal business analytics platform.
It is broadly understood that data gathered from conventional ERP systems and CRM applications are used to manage back-end functions such as accounts receivable, payable, ledger and the supply chain – apart from the usual back-office collection.
With cost-reduction and optimization of data-centric processes, organizations are looking at a comprehensive Big Data strategy with tools and methodologies to generate insights and drive cross-functional analysis for cataloging information intelligently.
Big Data Roadmap
An appropriate Big Data architecture can run analytics across vast chunks of information across various entities like relational tables, or even structured/unstructured files or drives. This offers greater efficiency and control for business analysts and Data Sciences professionals, thereby fulfilling key objectives of driving Big Data forward while phasing out traditional data warehouses.
Before embracing Big Data, organizations might want to gather and analyze Big Data use case stories from peers and competitors. Businesses do also require analysts to decode and reach conclusions from highly sophisticated forms of business data stored tabular reports and complex pie-charts.
Big Data: Dynamics 365 leads the way
Dynamics 365 offers an intelligent solution to leverage data and make strategic decisions based on critical business data. Such moves might include access to key contact data, applying a new layout for a widget, or even opening a new store location in Manhattan. These decisions are aided by intelligent Big Data solutions stored in the cloud.
Information can be visually represented with simulated colors and shapes to depict data across formats, and originating from different sources. A range of shapes, fonts, colors, and pointed arrows can be used creatively to mark data intervals and medians accordingly. Microsoft has published a detailed guide that helps craft a Big Data strategy roadmap tailored to the needs of a specific organization, which comes with its series of release notes and documentation for each product or version.
Microsoft Dynamics 365 helps enterprises turn Business Data into Business Insights in five crucial ways:
- Store and retrieve information from databases the way it is desired – with the power of the cloud
- Build standardized and ‘self-service’ reports that are robust and flexible at the same time
- Make your users more productive by placing information at functionally strategic crossroads
- Present readily ‘actionable’ data – from key indicators to reminders – for ease of end-users
- Generate the Next Big Idea by virtue of Big Data tools that empower strategic decisions