From world-changing digital transformation solutions, to the devilish details of corporate mergers and carve-outs, all the way to the practical benefits of artificial intelligence... Explore these and many other interesting topics expertly crafted by our team in our continuously updated blog below!
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Article
Leveraging corporate data assets is key to achieve strategic goals
It's a cliché to say that the oil of the age is data, yet there is an ever-increasing amount of data being generated at every point in business, and by characterising it, we can find, if not oil, then gold. In our country, we can observe that the maturity of IT systems supporting managers varies from sector to sector, with infocommunication, financial and logistics companies generating an incredible amount of data, but often the synthesis of information that can be easily used by managers is not, or only partially, done. In the case of agricultural and manufacturing companies, we see a generally lower level of development, with the exception of a few innovative companies, the development of data-driven management has only started in recent years.
8 min read
Article
Driven by data: the new era of the energy sector
Discover how data-driven approach can revolutionise DSOs and other operators of energy systems of large size and cost, optimising operations and reducing costs. The proliferation and deployment of new generation renewable energy generation alongside traditional assets has triggered a major transformation process within the energy sector, where the technology is changing, as is the business case.
8 min read
Article
Data-driven Procurement strategies
As technology and data analytics capabilities continue to evolve, procurement departments in large companies are increasingly able to make more informed decisions than ever before. By analysing their data, companies can develop data-driven sourcing strategies that can revolutionise their procurement processes. In this article, we will walk you through what a data-driven procurement strategy is, illustrated with real-life examples and best practices. We will explore how companies can leverage their data assets to make more effective purchasing decisions and improve their bottom line.
9 min read
Article
Demand forecasting with a Stratis solution
As the saying goes, “So many houses, so many customs”. This is no different for demand forecasting. However, it can be unanimously stated that a reliable demand planning solution is essential for successful business operation. Below, we justify this statement and, what is more, show how Stratis' solution can help you to plan ahead in practice.
4 min read
Article
Application areas of predictive analytics
In our previous article, we introduced the concept of predictive analytics and highlighted the benefits that forecasts can bring to companies. Now we give an overview of the sectors and areas where the use of predictive models has proven useful for data-driven operations and improving business performance.
5 min read
Article
Data-based retail sales performance management
Data-driven business operations, data-based decision-making. More and more companies adopt this approach, as using artificial intelligence and properly collected, processed and analysed information enables, for example, more efficient, profit-oriented operation for a commercial network. However, retail sales performance management also poses a number of challenges. In today's article, we set out to explore these and show how our data-based solutions can deliver tangible business performance improvements.
3 min read