“Centralized approach” listed as “5 Reasons Data Analytics is a “Must Have” Tool”
Recently, our sister company, CaseWare IDEA, published a blog, “5 Reasons Data Analytics is a “Must Have” Tool”. The blog was based on a brief published by the IIA. The brief declares that data analytics is no longer a “nice to have.” In fact, it states that data analytics has become an essential part of the digital transformation as it provides executives and key stakeholders with deeper insights into potential risks and opportunities. In addition, the blog notes that data analytics tools uphold a centralized approach to storing data. This is a top consideration for firms looking to establish a business case for data analytics. Here’s why…
Organizations are now able to collect and store more data than ever before. However, a lot of the time, the data is stored in disparate silos or systems that don’t easily communicate with one another. Data analytics tools allow organizations to connect data from different systems and file types in order to achieve a holistic view while being able to make decisions on a single source of truth.
For more information, read the full blog - “5 Reasons Data Analytics is a “Must Have” Tool ”.