Data analysts can spend a significant amount of time on data collection, data cleaning, and data organization. Data automation can eliminate manual processes—downloading, integrating, and organizing data from various systems—for significant time savings.
To take your data analytic strategy to the next level, your brick-and-mortar store or e-commerce business should take advantage of cloud-based data storage solutions, such as Amazon, Google, or Microsoft. Data from these platforms can be downloaded into a data warehouse that can act as a utility and expand as your data needs grow.
Once all data is collected into a single source—the data warehouse—you can transform it using a reporting engine, such as Tableau, Power BI, Domo, QuickSight, or various other data analytics platforms. These tools can help establish standardization without the use of spreadsheets.
Standardized management of your data allows your organization to see the same sets of data, and all stakeholders can be on the same page. This can be a powerful way of running a retail business and helps you move forward and monitor your strategy.