Data Monetization in the Modern Enterprise

Data Monetization in the Modern Enterprise

In the age of Digital Transformation, Cloud Computing and Artificial Intelligence, every company sits on a major untapped opportunity – the data they’ve generated and stored. Putting this data into the right context provides opportunities for achieving massive growth in your current business model but can also create entirely new revenue streams by offering this to partners and clients who are eager to mine it for their own insights.  

Companies with histories spanning back decades often struggle with where to begin, how to combine the right data, and how to work the renewed focus on data into their current culture. Most companies born in the last few years have known no other way but may still struggle to keep up with the rate of innovation. No one is alone in these feelings and taking control of the situation is easier than it may seem. Your sales data about who you’ve sold to and who you haven’t are equally important to driving revenue growth. Plant sensors and equipment logs could help you realize millions in maintenance cost reduction. Automating document classification can also take a knowledge management strategy to the next level, empowering an entire workforce to find the answer they needed at the exact time they wanted it.  

Starting the journey might seem impossible. How do I turn my spreadsheets and tables into the next great customer experience breakthrough? The truth is, any data source can be made accurate, enriched to uncover incredible concepts, delivered into the right context, and acted on! The key is in accelerating these stages of data enablement within your group. NuSoft Solutions provides a unique perspective driven by years of industry experience into the details of the problems you may not realize you have, and how to solve them to thrive in the digital age. 

Aaron Schroeder
Aaron Schroeder
})(jQuery)