Why would you spend more money and time than you need to?

24. 10. 19 Andes Loukianos

Recent financial news shows that British companies have issued the highest level of profit warnings for 11 years, since the financial crisis of 2008. With economic uncertainty inevitable due to the confusion around Brexit, and growing operational costs across the board, businesses are facing challenging times. Digital transformation is the popular buzzword of the moment, and at first glance it may sound like an expensive, time consuming project. It doesn’t have to be! At Touchstone, we firmly believe in simple, cost effective solutions so that our clients don’t spend more money or time than is necessary to gain clarity and insight into their data.

A report by McKinsey reveals 3 main capabilities necessary for the successful and in-depth use of a company’s data and analytics. Companies must be able to identify, combine and manage multiple sources of data. They need the capability to build advanced-analytics models for predicting and optimising outcomes. Most significantly, a company’s leadership team must have the ability and enthusiasm to transform an organisation so that the data can actually be used effectively to empower better decisions.

They identified two important features necessary to enable these capabilities; a clear data strategy and the deployment of the right technology architecture and capabilities.

As Data specialists, we often speak to companies who feel they don’t have clear visibility over their data, they can’t easily extract the information they need, and their “time to data” is just too long. Their data sources are increasing in number leading to their previous data governance efforts falling short of what they require.

TimeXtender’s Discovery Hub is a Data Warehouse solution that uses the power of automation to cut the Extract, Transform, Load (ETL) process time by up to 80%; dependency on costly technical specialists is significantly reduced. New data sources can be easily added in just a day.

Because time, and money, matters – Discovery Hub® helps you gain greater business value and faster insights into your data by:

  • Easily integrating and accessing your organization’s growing number of data sources
  • Defining and creating new reports without waiting for IT to add data sources
  • Avoiding reporting errors due to changes in data sources or server environment
  • Adding consistency to aligned, validated and well governed data
  • Reducing billable hours from IT consultants

Click through on links for more information about TimeXtender Discovery Hub, or find out how Touchstone helped PEI Media put data at the heart of their business.

Visit us at Big Data LDN, stand 345 to see TimeXtender Discovery Hub in action or speak to our specialists to find out how we could save your business time and money.

Andes Loukianos, Head of TouchstoneBI “We were able to help the PEI team deliver value to the key stakeholders within 3 months”

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Andes Loukianos

Written by:

Andes Loukianos

Head of Touchstone Business Intelligence

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