Partner Content

GRIT

May 28, 2024

Tomorrow’s Business Today With an Intelligent Data Strategy

Prioritize data ownership and platform selection for informed decisions. Stay competitive with a robust data strategy for AI integration and tangible outcomes.

Torbjörn Andersson

by Torbjörn Andersson

Managing Director at Forsta

Insights professionals wield significant influence over their organization's future. Understanding brand dynamics, customer satisfaction, and product development is vital. But in a rapidly evolving landscape, how can the insights you’re delivering be leveraged alongside advancing and emerging technology to ensure lasting impact and business resilience?

It’s crucial to avoid data fragmentation and dependency on third-party sources of aggregated data. Essentially, to truly harness the potential of information, ownership of data is key.

Imagine having complete control over your data, from collection to analysis. This level of ownership empowers your adaptation to evolving business needs and the integration of emerging technologies like AI. Whether you choose to conduct research in-house or collaborate with external experts, having a centralized repository of data facilitates seamless collaboration and knowledge transfer. Crucially, consolidating and managing your data in-house both ensures flexibility and also sets the stage for future innovations. 

To get it right, choosing the right technology platform is crucial. It should offer flexibility for in-house use or seamless collaboration with external partners. More importantly, it should facilitate easy access and manipulation of data, as well as innovative ways to report, drive insights, and inform decision-making across your organization.

However, ownership isn’t just about control; it's about future readiness. As AI integration grows, high-quality, accessible data becomes essential. Owning your data positions you at the forefront of innovation, ready to train AI models and seize new opportunities. It streamlines processes, eliminating partner transitions and ensuring insights continuity.

Whether conducting research in-house or collaborating externally, a centralized data repository enables smooth collaboration and knowledge transfer. In today’s complex business landscape, adaptability is paramount. Making sure you have an informed data strategy that emphasizes ownership, flexibility, and future-readiness enhances the impact of your insights and drives tangible business outcomes.

 As you navigate shaping tomorrow’s business, remember: Success lies in owning your data, crafting an agile strategy, and powering it with technology as forward-thinking as your organization.

grit reportForstadata analyticscustomer satisfaction researchartificial intelligencedata collection

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The views, opinions, data, and methodologies expressed above are those of the contributor(s) and do not necessarily reflect or represent the official policies, positions, or beliefs of Greenbook.

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About partner

Forsta powers the HX (Human Experience) Platform – a comprehensive experience and research technology platform that breaks down the silos between CX (Customer Experience), Employee Experience (EX), and Market Research – so that companies can get a deeper, more complete understanding of their audiences. Forsta’s technology, combined with its team of expert consultants, helps thousands of organizations across a variety of industries. Forsta is recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Voice of the Customer.

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