Act on the right information and make informed decisions
Competition is getting tougher, the need to make fast, confident and effective decisions is becoming more urgent, and the risks associated with poor judgement are greater than ever. How can you be sure that you are acting on the right information?
We surround ourselves with enormous volumes of information, and the amount of data continues to increase as digitalization progresses. The challenge is to refine, manage and analyze this data to produce tangible insights and accurate decision support.
At Bisnode, we are convinced that smart data already does and will continue to change the ways we make decisions, whether we work in the public sector or the private sector.
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Seven steps to a data-driven organization Our recent report identifies a seven-step staircase that organizations are on as they move towards being data-driven. We discovered that many CxO:s are simply unprepared when it comes to data and data analytics while others are highly concerned that they do not have the necessary processes in place.
It's 1999, the sci-fi film The Matrix is launched on an unsuspecting public. It features a slick Keanu Reeves and never seen before, 'bullet time' visual effects. The film presents a dystopia. Underlying the machines that have apparently enslaved us is an ever present, eerie green code.
Never in human history have we had access to so much reliable data. So why do we keep getting things so wrong?
Companies worldwide have to be prepared for the GDPR. Proper data management is crucial to comply with this new law. To help you out, Bisnode experts have compiled a GDPR checklist of the key requirements. Even though the list includes tasks that your marketing team can tackle on its own, consider hiring a legal team. This is particularly important for large organizations.
The General Data Protection Regulation (GDPR) enforces a new set of rules on how individuals’ data can be collected, stored, and used. It affects any business - big or small - holding personal data on EU citizens. As long as you're dealing with EU citizens, you must comply with the law.
The web and social media offer an abundance of free data. The problem is: they may come with very big costs and risks. The difference between smart and free data may be the difference between winning and gambling away the trust and loyalty of your customers.
