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The Importance Of Real-Time Strategies For Online Business In 2014

Automic, a renowned automation provider to several businesses has predicted that in the upcoming year, online enterprise strategies will be driven by real-time data. Real-time data will enable online entrepreneurs to provide solutions to their clients, customers and make business decisions in an efficient and quick manner.

With the increasing importance and popularity of social media, consumers share their opinions and concerns with one another. It is high time that brands, irrespective of their sizes must focus on devising new techniques to offer their services to consumers.

Here are a few facts about real-time strategies that you need to know:

1. Enhance The Experience Of Gen-Next Users

By incorporating a high performance ERP system and AI (artificial intelligence) in your work methodologies, you will be able to respond and resolve the queries of customers quickly and efficiently.

With real-time execution, online entrepreneurs can enhance multi-channel consumer experience; make the supply chain more organized and maintain their existing customer base. It will also help them stay ahead of competition.

2. High-Edge Technology

Customers are now demanding technology-driven solutions for most activities – whether it’s accessing email accounts, buying products, reading news, playing games or making bill payments. And it has become essential to provide mobile-friendly solutions for all applications.

Opt for high-edge mobile phone technology such as virtualization, SAP Work Manager or cloud to accelerate vital business processes, engage with consumers and improve productivity.

3. Big Wins Across Different Dimensions

Since the purpose of implementing real-time strategies is now evident, do have a look at what statistics say. According to a recent study by Oxford Economics, companies that adopted real-time strategies early in their businesses have experienced 31% increase in their revenue and 35% in overall cost reduction.

Research firm Gartner has predicted that around 30% of analytics tools will make use of AI and in-memory applications to add value, range and automation speed to their business by 2014.

About Author:

Gary Taylr is a marketing consultant and works with the creative team at Promo Direct to boost sales. He is a regular participant in discussions related to business and marketing. He loves exchanging ideas and connecting with like-minded people. Gary can be followed on Google+ and Twitter.

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