Contact Us Today! 1-844-237-4300

Central Technology Solutions Blog

Small and Medium-Sized Businesses Need to Prioritize Data Management

Small and Medium-Sized Businesses Need to Prioritize Data Management

For the small business, being more efficient with resources can make a massive difference. In fact, it can be the difference between organizational sustainability and organizational failure. The bottom line is that, no matter how big or small they are, today’s businesses need to be smarter to compete. As a result, some businesses have begun to utilize data management platforms (DMP) in order to put themselves in a better position to understand their business, their market, and their customers. Let’s take a look at the DMP, and how it works to help businesses like yours be more effective.

Data Management
The first thing you have to understand about data management is that your business creates and receives a lot of data that it can use. The first problem that you’ll see when attempting to set up comprehensive data management is that your data is likely strewn about around your network. There is data on your old servers, on your new servers, in the cloud, and on disks that all could be used to provide you the best look at your business.

To manage this properly, you’ll first want to identify your storage needs. If you can centralize your storage simply, without incurring too much additional cost, you’ll want to try to do that. If you are worried that you will struggle to find the right data storage solutions, or you need help ascertaining where all your data is, you may want to contact an IT professional like Central Technology Solutions to help you ascertain your options. Either way, once your data is in one place, this more inclusive data management system will allow you to do a lot more.

Data Warehouse
In order to take advantage of a dynamic new business intelligence (BI) platform, or if you are looking to do some high-end business analysis (BA), you will want to consider setting up a data warehouse. The data warehouse is a centralized database that is used by business intelligence software and data analytics software to gain access to all types of departmental data. By warehousing your data, you can then utilize all types of innovative software to crawl the standing data. This is where BI and BA come in.

What is BI and BA?
It is important that you understand that these two terms are not synonymous. In fact, there is a pretty big difference between the two. Business analysis, or BA, is the act and practices a company goes through to to define why the strategies and processes that have been utilized by the company are performing the way they are. If adjustments are required, the business analyst will identify inefficiencies or ineffectiveness and use the data to help predict an outcome and suggest solutions to help an organization optimize that outcome.

Business Intelligence, while also using your organization’s data, looks into what your company is doing and how it is doing it, rather than why the results are the way they are. BI is the act of choosing certain metrics to mine for, and then using all the available data to ascertain how they go about getting the results they do. In this way BI, is a practice that provides answers using data from past and current business performance, rather than potential performance found with a BA approach.

Backup
No matter how you want to forge your organization’s data management plan, we recommend that you have a comprehensive backup and recovery strategy in place. We offer the BDR service, which incrementally backs up files with periodic changes in two places (locally and in the cloud) so that, in the case of a major data loss disaster, you have fast, reliable access to your data.

If you haven’t started utilizing your company’s data to learn more about your business, consider reaching out to one of Central Technology Solutions’s professional IT consultants. We can provide you with a more detailed description of data management tools, backup, and recovery; and, how they can work to help you build a better business. Call us today at 1-844-237-4300.

Tip of the Week: PowerPoint as a Multi-Purpose Too...
Cloud-Based Communications Helping Businesses Boos...
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, July 23 2019

Captcha Image

Join our mailing list!

  • Company Name *
  • First Name *
  • Last Name *

      Mobile? Grab this Article!

      QR-Code dieser Seite

      Tag Cloud

      Security Tip of the Week Technology Best Practices Cloud Business Computing Productivity Hosted Solutions Email Malware Privacy IT Services Network Security Hackers Internet Software Data Data Backup Productivity Outsourced IT Managed IT Services Computer Business Innovation Microsoft IT Support Ransomware Mobile Devices Data Recovery Hardware Tech Term Google Cloud Computing IT Support Small Business Business Continuity Efficiency Backup Managed Service Provider Upgrade User Tips Collaboration Internet of Things Smartphone Android Communication Business Management Remote Monitoring Phishing Paperless Office Smartphones Disaster Recovery VoIP Data Management Social Media Windows 10 Windows Windows 10 Save Money Artificial Intelligence Encryption Server Cybersecurity Workplace Tips Managed IT Managed IT Services communications Browser Risk Management Facebook Mobile Device BYOD Saving Money Passwords Automation Office 365 App Mobile Device Management Holiday Quick Tips Compliance Robot Bandwidth Bring Your Own Device Managed Service Business Technology BDR Apps Vendor Management Password Gmail Recovery Analytics Virtualization Laptops Applications Network Government Firewall Document Management Unified Threat Management Wi-Fi Chrome Employer-Employee Relationship Money Infrastructure Miscellaneous SaaS Hosted Solution Data storage Telephone Systems Website Going Green Vulnerability Blockchain Information Training Wireless Microsoft Office Processor Content Filtering File Sharing IT Management Help Desk Big Data Tip of the week Scam Healthcare Project Management Antivirus Customer Relationship Management Downtime Computing Data Security Regulations Data loss Office IT Service Operating System Printing Computers Storage Tablet Remote Computing Files Settings Apple Customer Service Router Unified Communications Social Two-factor Authentication Users Politics Virtual Reality Work/Life Balance VPN WiFi Websites Identity Theft Wireless Technology Legal Networking Twitter Net Neutrality YouTube Current Events Patch Management Licensing Remote Workers Virtual Private Network Display Administration Network Management Internet Exlporer End of Support Health Budget Assessment LiFi IoT HIPAA Education How To Monitors Bitcoin Server Management Access Control Cooperation Information Technology IT solutions Machine Learning Mobility Alert Mobile Security Electronic Medical Records Mouse Employees Consultation Outlook Uninterrupted Power Supply Windows 7 Company Culture Sports Google Drive RMM How To Samsung Word Redundancy Chromebook Flexibility Gadgets Business Growth Private Cloud Proactive Avoiding Downtime Tech Support The Internet of Things Mobile Computing Software as a Service Hacker Smart Technology Spam Digital Payment Remote Monitoring and Management Upgrades Maintenance Management Technology Tips Chatbots Wires Human Error Time Management Return on Investment Cybercrime Cost Management E-Commerce WannaCry Computer Repair Teamwork Alt Codes Vulnerabilities Authentication Retail Cortana Database Management Microsoft Excel Modem Sync Connectivity Hacking Physical Security Database Multi-Factor Security Wearable Technology Telephony Options Distributed Denial of Service Annual Convention Public Cloud Cryptocurrency WPA3 Financial Servers Data Breach 3D Printing Notes Printer Alerts Law Enforcement Enterprise Resource Planning Bookmarks Comparison Identity Botnet Permission Processors Travel Hard Drive Features Shared resources Typing Geography Authorization GDPR Cookies Mobile Device Managment Software Tips Hacks Disaster Trending Office Tips Voice over Internet Protocol Google Calendar Mail Merge Update 5G Managed IT Service San Diego Automobile Computer Care Fleet Tracking Procurement Technology Laws Unsupported Software Virus PowerPoint Virtual Desktop Gadget Best Practice Mobile Favorites OneDrive Specifications Test Touchscreen Techology Cache Electronic Health Records VoIP Sponsor GPS High-Speed Internet Lenovo Social Engineering USB Permissions Nanotechnology Star Wars Monitoring Legislation IT Technicians Conferencing Address Wireless Internet Break Fix Social Networking Windows 8 Save Time Asset Tracking Statistics Mobile Data Professional Services SharePoint Staff Manufacturing Black Friday Roanoke — Central Technology Solutions Supercomputer Identities MSP Disaster Resistance Security Cameras Unified Threat Management Hotspot Crowdsourcing Meetings Recycling Cyberattacks Digital Obstacle Tracking Development Zero-Day Threat Superfish Safety Fraud Screen Reader G Suite History Utility Computing Consulting Search Dark Data Personal Information Transportation Marketing Mirgation Managing Stress Instant Messaging Employer/Employee Relationships Dark Web Buisness Motherboard Google Maps OneNote Bluetooth Virtual Assistant Downloads Augmented Reality Taxes Google Wallet Hard Disk Drives Cyber Monday technology services provider IT Budget Hard Drives Google Docs Tech Terms Proactive IT Notifications Remote Worker User Error Language eWaste Read Only Spyware Course Migration Cables Backup and Disaster Recovery Black Market Projects Smart Tech Cabling Humor Managed Services Provider Shortcut Enterprise Content Management Finance Firefox Writing Emoji Proactive Maintenance Data Warehousing Backups Employee-Employer Relationship Wasting Time Operations Drones Network Congestion Solid State Drives Technology Assurance Group ’s 18 Solid State Drive Theft Heating/Cooling IT Consulting ROI Computing Infrastructure Point of Sale Deep Learning Emergency Web Server CrashOverride Cameras Regulation Motion Sickness Administrator CCTV Relocation Webcam Hard Disk Drive Students IT Consultant Error Printers