The central thrust of this piece is that organizations that have created the trust, capability, and mindsets around real-time data collection and execution perform significantly better than traditional businesses where data flows more slowly between management layers. These Real-Time Businesses (RTBs) automate, sense, and react quickly to changing market and customer sentiments.
Earth observation and geospatial can act as real-time data sources. That said, this article highlights that successful RTBs are focused on more customer-oriented data. Have you seen examples of organizations succeeding by taking an RTB approach?
Real-Time Business
Real-Time Business
Real-Time Business
The indomitable Tee Bar pointed me towards an interesting article:
New MIT CISR research reports leading “real-time” businesses had 62% higher revenue and 97% higher profit margins
The central thrust of this piece is that organizations that have created the trust, capability, and mindsets around real-time data collection and execution perform significantly better than traditional businesses where data flows more slowly between management layers. These Real-Time Businesses (RTBs) automate, sense, and react quickly to changing market and customer sentiments.
Earth observation and geospatial can act as real-time data sources. That said, this article highlights that successful RTBs are focused on more customer-oriented data. Have you seen examples of organizations succeeding by taking an RTB approach?