Big Data is not just a buzzword. In today‘s technology led office environment, the importance of big data doesn’t revolve around how much data you have, but what you do with it. You can take data from any source and analyse it to find answers that enable cost reductions, efficiency, new product development, optimised offerings, and smart decision making. When you combine big data with high-powered analytics, you can accomplish business-related tasks such as:
- Determining root causes of failures, issues and defects in near-real time.
- Generating coupons at the point of sale based on the customer’s buying habits.
- Recalculating entire risk portfolios in minutes.
- Detecting fraudulent behaviour before it affects your organisation.
Big Data Analytics allow you to look at a bigger picture, linking previously unrelated data elements to generate fresh insights into how your business uses print. For example:
- Spikes in demand for support based on monthly trends, that require printing of additional paperwork
- Gaps in processes caused by employees waiting for printed paperwork to arrive from another department
- How marketing campaigns are affecting printing volumes
- How many print jobs are repeated for each customer contact?
- Which devices are not being utilised to maximum efficiency?
- Are there too many or too few employees per multifunctional device?
- Which paper-heavy internal processes should you be digitising?
- How much of your print volume is unnecessarily single-sided or colour?
The insights exposed through Big Data analytics provide an exceptional business case for adopting paperless management systems too.
Workflo Solutions are a forward-thinking business that embraces new technologies and advancements in the print and office industry. Our friendly, highly skilled team is made up of print and IT Specialists to ensure we offer businesses truly bespoke up to date solutions to future proof our customers’ office environment.
With 2020 almost upon us, isn’t it time you ensured your office tech is ready for the next decade? Get in touch today – https://workflo-solutions.co.uk/contact-us/