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You are viewing Home ► All Categories ► Outsourcing Database Administration & Business Data Analytics
Unless you have a team of data managers and analysts, it may be more complicated than you think – and less successful – to pull data into reports and make major decisions. That’s why we wrote this Guide to Outsourcing Database Administration & Analytics.
Data analysis is a straightforward science for those who do it every day, but can be a challenge to those who aren’t masters in the field.
Whether or not you must answer to a board of directors, your decisions can impact the company for years to come; you must be confident that your decisions are based on trusted information.
How do you get reliable data to support your decision-making process? Read on to see why you should consider hiring an expert business process outsourcing (BPO) company that specializes in data science to manage your data, help keep them safe, and give you the trusted information reporting you need.
If your data are not carefully curated and verified for accuracy, they have little value to you for decision-making… or anything else! So here are the most important data DOs and DON’Ts:
Most organizations have information that comes from a variety of sources and can be manually entered, imported from an outside source, collected from users, or from automatically generated through the use of an algorithm.
Regardless of the source or method of entry, information technology outsourcing experts can help keep your data reliable so you can make decisions with confidence.
Database Administration Outsourcing is defined as the practice of sharing or turning over the responsibility for assuring an organization’s data security and integrity to a third party for remote data management.
Offshore remote database administration outsourcing is particularly popular because it can provide maintenance and other services during low-use times. For example, an IT BPO like RAINBOW SOFTECH™ in India can update software and upload/process large batches of data at 2:00 am local time in Canada, the UK, the US, and Australia.
“Administration” in our definition encompasses all of the critical management and maintenance tasks needed to keep your data in top shape. Therefore, database maintenance outsourcing experts typically handle the following:
Business Data Analytics Consulting can be defined as the expertise to help decision-makers achieve goals and solve problems by providing customized, reliable reporting and insights from the organization’s data.
In other words, we can study your company’s history to summarize its current status and identify trends and give recommendations to guide your business strategies.
To help you get the most important decision-support data, business data analysts typically perform the following:
There are many reasons to use an independent, third-party BPO firm to supplement or replace your IT department. To go a step further, there is every reason to outsource your IT processes to a BPO that also provides outsourcing services for routine business processes like bookkeeping and document management.
Whether you have a huge Information Technology team or the “IT department” is just you (in a small business setting), delving into your data for insights and strategic guidance can put a strain on your day-to-day operations.
Even the most highly qualified IT professional may be hard-pressed to render the best possible, actionable report if they are overwhelmed and if they don’t do data analytics tasks every day.
You may be able to get the reporting, but be forced to sacrifice timeliness and depth of insights in the process.
It goes without saying that if your IT personnel are working overtime to get your reporting completed, there is a financial cost – as well as the missed-opportunity cost of having personnel tied up in a one-off project like data analytics.
Garbage in, garbage out – GIGO. In computer terms, this means that sloppy information cannot be reshaped into a high-quality report.
Here are some of the unwanted outcomes of using data of questionable quality:
You may be surprised to find out how effective and affordable it can be to outsource your data management and data reporting processes.
Your first step is to get educated (if you are not already) about outsourcing in general. Learn about the benefits of outsourcing, as well as the mistakes you should avoid.
Here are some good sources of knowledge about the BPO industry and the characteristics of a top BPO company that may be a good fit for your organization:
Your second step is to see how it works to outsource your data maintenance and analytics reporting.
If you are ready to explore the possibilities for using your company’s data to expand your business and find opportunities for improvement, get expert advice from the seasoned outsourcing experts.
If you are ready to explore the possibilities for using your company’s data to expand your business and find opportunities for improvement, get expert advice from the seasoned outsourcing experts.
Suresh and Murthy at RAINBOW SOFTECH™, have been in the business for over 15 years, and they are ready for a complimentary brainstorming call with you about your organizational goals and decision-making processes.
Suresh has put together this step-by-step guide and checklist to help you through the process – from concept to contract – for hiring a top BPO and implementing your custom outsourcing plan.
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