Market Overview

Quantzig Reveals Different Challenges in Customer Database Management That You Cannot Ignore

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Quantzig, a pure-play analytics solutions provider, has announced the
completion of their latest article on different
challenges in customer database management
.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20181011005472/en/

Different Challenges in Customer Database Management (Graphic: Business Wire)

Different Challenges in Customer Database Management (Graphic: Business Wire)

Digital technology innovations have enabled businesses to keep a track
of customers' behavior and their interests. Today, companies need to
satisfy the needs of multiple market segments, but for that, they should
know more about their customers and their needs and demands. ERP
systems, big data technologies, AI, and cloud technology have allowed
companies to store customer data and make an accurate analysis of their
customers. Such analysis helps the company to manage the customer
relationship efficiently by increasing the customer lifetime value.
Managing customer database is a tough task. So, what are the challenges
that businesses in customer database management face?

Book
a Solution Demo
to see how Quantzig's real-time analytics
dashboards can help you address various challenges in customer database
management.

"Businesses have to process large volumes of data in order to make
critical datasets available to stakeholders in the time of need,"
says
an industry expert from Quantzig.

Continue reading to know more about different challenges in
customer database management or speak
to an expert to know how our advanced analytics solutions can help you.

Challenges in customer database management:

  • Volume of data

Today, the volume of data is growing at an exponential rate. Businesses
need to process large volumes of data to make critical datasets
available to stakeholders in the time of need. Such data needs to be
made available to multiple stakeholders across various platforms and
devices and this increases the storage and processing costs. Such a
large volume of customer database needs to be managed with state of the
art ERP systems and software. To gain detailed insights into our
engagement models and analytics dashboards,
request
a proposal

  • Data collection and storage

Today, the business environment is getting highly competitive and
customer satisfaction seems to be on the top of the priority list for
most companies. Frequent changes in customer behavior makes it difficult
for decision makers to decide on what's best for the customers. The rise
of online shopping has increased the amount of customer data enormously
and businesses are having a hard time managing such vast amounts of
data. Additionally, they are also struggling to decide whether to take
into account cohort view or single customer view while analyzing.

To access the complete list of challenges in customer database
management,
view
the full article here!

To know more about our analytics services and how we can help you
boost sales,
request
more info

About Quantzig

Quantzig is a global analytics and advisory firm with offices in the US,
UK, Canada, China, and India. For more than 15 years, we have assisted
our clients across the globe with end-to-end data modeling capabilities
to leverage analytics for prudent decision making. Today, our firm
consists of 120+ clients, including 45 Fortune 500 companies. For
more information, visit:
https://www.quantzig.com/contact-us

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