As the world comes out of the worst financial crisis ever, the world has seen two big turns in the space of the last 12 months alone. Lehman fall led to panic leading to the first big turn and the anniversary of the big fall was greeted by record stock market highs, possibly leading us to the next big turn. Organizational nimbleness has never been tested like this before, and, worst still, the global volatility, given the free web and higher degree of interdependence between multiple economies and events, does not show signs of ever reducing.
Understanding ever-growing reams of data with agility– both organizational as well as macro-economic, has assumed significant importance given the environment. While detailed and on time insights into the data around customers, vendors, productivity, profitability etc. enable the organizations to raise their ability to extract the best productivity from the resources deployed, these insights also provide them early signals on the business performance and bolster their capability to react quickly to the volatile business environment.
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