The beginning of a new year is exhilarating. Not only is it a “fresh” calendar but the practice of listing our resolutions gives us a chance to reflect on the previous year and identify what worked in our personal lives and businesses, and what we want to enhance in the next year.
For companies in data-reliant industries, an overarching resolution that appears year after year is to better handle data integration, data management and use of data to drive business decisions. Here are some of the specific new year’s goals for several industry segments.
Improving interoperability enables access to previously siloed data for all users and a holistic view of the patient and care episodes, which help improve operations, care efficiencies, while lowering costs and improving the patient experience and outcomes.
Combine data from different sources such as sales, research, social media and marketing to provide insights into product performance and consumer behavior, which can inform the development of new products and markets.
Share design specifications, raw material needs, delivery deadlines, quality reports and other critical information across a network of partners who span the globe, which is essential to succeed in a competitive market.
Understand what and how consumers buy in today’s omnichannel purchasing environment in order to better support inventory planning strategies, new product development and marketing tactics to ensure healthy revenue and growth.
Analyze data throughout the enterprise to enable more visibility into day-to-day activities, which leads to consistent, timely delivery of service to customers as well as better planning for the future.
Leverage insights from supply chain operations and customer buying behavior to support strategic planning for new installations, process changes or physical asset maintenance.
Protect sensitive data in compliance with regulatory mandates with no disruption to the complex flow of data that allows businesses and customer to manage their day-to-day financial needs.
Keeping all of these resolutions is possible but the challenges of overcoming legacy system restrictions, siloed information, disparate systems within one enterprise or a partner network are difficult, time consuming and financially significant. One way to keep your data-specific resolution is to look at a platform that can integrate, harmonize, cleanse and manage data from multiple systems to allow access across the organization for all users.
Liaison’s ALLOY® Platform provides integration and data management capabilities required for your resolutions along with a managed services strategy that provides the necessary expertise, ongoing support and predictable costs to address all of your needs.
As you work your way down your list of New Year’s resolutions, talk with a Liaison data expert today to see how we’ll help you keep your data integration, management, compliance and security resolutions in check.