Data-Driven Business Outcomes
Your business outcomes mirror the level of your data literacy.
That’s because utilizing data is essential to managing your business processes, product value, stakeholder and top management objectives, collaboration between departments,data-driven decisions, and so much more.
Data is mission-critical for your business – but why?
It’s simple. Businesses today, however different in purpose, process or product, still share many of the same problems. That includes fighting inefficient work processes, competition struggles, fulfilling the expectations of stakeholders and customers, and putting priority on innovation and sales. All of which can be solved with data.
The business world is going data-driven. Depending on your data to drive successful business outcomes is key; from knowing which KPIs to track, to quickly visualizing and sharing data insights so everyone is enabled to be their own data scientist.
75% of companies want to be data-driven.
And yet, ONLY 29% of them know how to use data to make decisions.
To be truly data-driven, use a DATA CATALOG in your daily workflow and get from insight to action in seconds.
Measure Business Success Better
Following the right metrics is everything. Starting from the top down, you can use Slingshot to grow your team’s data literacy while at the same time pinpointing the data insights you need to follow to improve your business outcomes. Managing your stakeholder’s expectations and improving your business processes revolve around data. All you need to do is use the right KPIs to track performance and business impact, tying data to results and transparently seeing what needs improvement.
Reduce Time and Efforts in Decision Making
Every business relies immensely on data, but the collected amount, even monthly, is huge when running multiple campaigns. Slingshot is a way to collect and process data faster and decide the most important operations in your business on the go, without leaving your flow to answer questions. And that’s not all. In Slingshot, you can create team discussions or project related tasks from dashboards, so that your data-driven insights become data-driven actions.
Succeed in Cross-Departmental Collaboration
An organization’s processes should flow between departments, especially when it comes to data. Making sure your sales, marketing and product, or PR and HR departments are aligned is vital and impacts business outcomes, as well as customer, brand, and product services. Slingshot’s Data Catalog puts your company’s data in one place so that it is easily accessible and intuitive for everyone to use, share and discuss.
Recognize New Business Opportunities
You can identify new opportunities faster and smarter with raw data insights transformed into beautiful dashboards, showing the way to outperform your competitors through the power of data. Identify underperforming areas in your campaigns, strategy, and business and make a change in the right direction. Want more specifics as to how? Check out MLB Residential Lending’s success story here.
Frequently Asked Questions
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