About Data On Demand (DoD)
Data on demand refers to the ability to obtain specific data when and where it is needed, in a timely and cost-effective manner. This concept is particularly relevant in the context of the data-driven economy, where organisations need to quickly access and analyse large amounts of data to make informed decisions and gain a competitive advantage.
The increasing availability of cloud computing and big data technologies has made it possible to store and process vast amounts of data in a scalable and cost-effective manner. However, simply storing data is not enough, as it is only valuable if it can be accessed, analysed, and used to derive insights.
To achieve data on demand, organisations need to have a data infrastructure that allows for fast and efficient data access, retrieval, and processing. This includes having the right hardware, software, and network infrastructure in place, as well as the appropriate data storage and management systems.
One of the key benefits of having Humanli’s data on demand is empowering decision makers by making a one of its kind of solution which brings power of Conversational AI for enabling its users to retrieve specific data without signing into any system and without single line of code leading to enhanced self-service, reduced operational costs, and improved customer relationships.
Data on demand is particularly useful in industries where data is constantly changing, such as finance, healthcare, and transportation. For example, financial institutions need to constantly monitor market trends and make decisions in real-time based on the latest data. Similarly, healthcare providers need to quickly access patient data to make informed decisions about treatment options.
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A cloud-based data platform is an excellent tool for marketing companies to use for data on demand. This platform allows them to track consumer behavior in real-time, including website visits, click-through rates, and engagement with social media posts. It also provides them with real-time data on consumer preferences and behaviours, which they can use to personalise their campaigns.
By using real-time data, marketing companies can optimize their campaigns and improve their ROI. They can identify which campaigns are performing well and adjust their strategy accordingly to maximize their results. This allows them to decrease wasted ad spend and increase their overall return on investment.
Overall, marketing companies that use data on demand have a significant advantage over those that rely on static data sets. By implementing a cloud-based data platform, marketing companies can stay ahead of the competition and continue to improve their campaigns for maximum impact.
|Parameters||Humanli's DOD||Visualizational Tools|
|Analysis (Trend Varience)||✅||❌|
|Technical Expertise Required||Low||Medium|
|Pre Work on Report Building||Not Required||Required|
|Maneuvering of Data on Real Time Bases||✅||❌|