How can big data be used to gain competitive advantage?
Using Big Data to Gain a Competitive Edge Big data presents a multitude of chances for companies to obtain a competitive advantage. Through efficient analysis and utilization of extensive datasets, entities can derive significant insights that facilitate well-informed decision-making, enhance customer satisfaction, and streamline operations. The following are some essential strategies for using big data to obtain a competitive edge: 1. Improved Client Relationship Customized Suggestions: Examine consumer behavior and tastes to make offers and suggestions for specific products. Better Customer Service: Anticipate and respond to customers' requirements more efficiently by using their data, which will increase satisfaction. Target marketing campaigns: to particular customer segments according to their demographics and areas of interest for optimized results. https://getadsonline.com/0/posts/5-For-Sale/44-Phones/2370468-netflix-com-tv2.html https://getadsonline.com/0/posts/5-For-S