Businesses across the world are facing a revolution in technology. Data-driven decisions have been around for some time now that were previously difficult to make.
In this new age of the ‘big data’ movement, technologies like Domo platforms can revolutionize the world’s businesses by collecting and analyzing data to give the companies a competitive advantage.
Analyze Data from Varied Sources
Businesses can now analyze a broad range of data from many sources, including social media platforms. They can process this data into meaningful pieces of information that allow them to understand their customers more and give them exactly what they want at the perfect time in an ideal way.
In addition, businesses can take advantage of technology that integrates with systems, such as SAP or Salesforce. For example, companies using SAP as an ERP system have real-time information when their customers place orders.
This data can then be sent into Domo, where it can be analyzed and crunched into actionable intelligence that its leadership team can use to improve their business.
Create Visually Appealing, Customized Reports
One of the most popular features of unified platforms like Domo is creating visually appealing reports with customized information for everyone.
For example, a business leader can go into their account and create a report with relevant data like sales revenue or customer feedback. They can then add personalized information such as charts and graphs to understand better the numbers and what they signify.
This process speeds up the decision-making and allows companies across different industries to benefit from the technology.
Automate Business Processes
Businesses can use the platform to automate business processes and allow their employees to focus on more critical tasks. For example, many companies rely on spreadsheets like Microsoft Excel to perform manual tasks such as data entry or analyzing customer sentiment.
However, these can be time-consuming and are never error-free.
So, employees can use Domo to streamline these processes and focus on more important tasks while still getting the same results. As a result, companies can get more done in less time, allowing them to run their businesses better.
Grow Business with Social Media Analytics
Social media analytics is one of the most popular features of unified portals like Domo platforms. They give businesses real-time data on how their brands are doing across social media platforms.
For example, an automobile dealership can use this information to know what people are saying about them online and take action faster by responding to people who have concerns or issues that need attention.
Intuitive User Interface
An intuitive user interface can make it easy for businesses to use the platform for various purposes. Just get ready with your account settings, configure which views you want to see, and get started with the technology.
The system’s design makes sense and has real-time data right at your fingertips so that you can make informed decisions about your business. So, there is no need for learning how to use it or figuring out how it works because the platform is ready to use as soon as you are signed up for an account.
Businesses can revolutionize their operating systems and gain a competitive advantage in the marketplace by using technology such as Domo.