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The Digital Age of Data Intelligence

Microsoft Dynamics Partner /

What comes to your mind when you think of “Data Intelligence?” Is it Business Intelligence? Maybe Business Analytics? Data intelligence is the foundation for creating any insightful report. It is more than analytics.   The process of optimizing Artificial Intelligence and Machine Learning tools to scrutinize and transform large datasets into intelligent data insights, which businesses can further use to improve their services and investments refers to data intelligence. They can implement data intelligence tools and methods to understand comprehensive information with the objective of developing better business processes. The most reliable data analysis is done focusing on these four components:   Descriptive data  Predictive data  Prescriptive data  Decisive data  In other words, if data is “oil,” data intelligence is the “oil refinery.” It understands data and extracts incognito and insightful information while providing intelligence for data-driven decisions and actions. It helps companies extract, engage, and analyze data from different areas:   Allows a 360-degree view of their business or certain areas.   Endorses organizational transformation.   Promotes data-driven culture in the organization.   Help understand customers.   Assists in building new services or products.    Data Intelligence: A Business Essential   Having customers with soaring demands, businesses have to become more active, reliable, and most importantly predictable. Earlier the companies used to promise their service and it was enough for the buyers. However, in this era, things are a lot different now, consumers give a premium to performance than a promise.  Data Intelligence helps you deliver what you promised in the near time. You can easily predict when your machines are going to have downtime while being proactive in fixing them. You can estimate the accurate duration of a project and optimize resources accordingly. Being backed with a precise forecast, you construct reliability into delivery.   The amalgamation of technological advancements and data science drives the opportunity to establish a unified, impactful, and sophisticated data intelligence. In order to improve marketing and business operations with data intelligence, an organization needs to follow these five steps:   The first step is to acknowledge technological advancements of science, data, and software specifically designed to benefit from new opportunities.   Secondly, it is essential to establish a universal identifier to unify online as well as offline first, second and third-party data via graphs and models.   Thirdly, ensure the effective enrichment of data that is being generated and harvested daily.   Then, allow the effective segmentation of data as per the current capabilities of your CDPs, then implement data science and machine learning tools to identify the potential data activation via any channel of interaction, usually known as omnichannel.   Lastly, establish a common software for all the relevant parties empowering data intelligence for all – from data analytics and data science teams all the way to the planning and operation teams. It should be accessible for anyone desiring to exponent current market opportunities.   Business Intelligence   Business Intelligence is the essence of data intelligence ensuring various levels of insights with increased value and technological complexities. It is one of the most crucial business aspects and sets a foundation for your business decisions. It typically includes four types of analysis.  Helps Improving Competitive Intelligence   Businesses can get a competitive edge with such analysis which turns big data into insightful actionable reports. Such solutions allow data access to authorized people ensuring a competitive, secure, and intelligent report. This ensures organizations can make more strategic decisions quickly with this information effectively.   Improves Market Intelligence  Akin to competitive intelligence enhancement, intelligent data analysis can help improve market intelligence by identifying customer insights, customer monitoring, buying patterns, and predicting market trends. Having these details available on a single platform can help businesses become more responsive towards marketplace changes while optimizing manufacturing and cutting waste.   Integrates Data   Since there is data everywhere, in different formats and texts, it makes data analysis a challenging task. However, this technology extracts inputs and turns them into more actionable reports while minimizing complexities existing with data locked in different software and spreadsheets. Having data extracted from various sources and formats is transformed into a single vision of truth, making it easier for entrepreneurs to analyze their businesses and make logical decisions.    Provides Customer Insights   Intelligent data analysis extracts customer data from CRM, social media campaigns, email marketing, and websites while determining customer engagement with your business. It helps an organization identify factors causing low or high engagement and create effective strategies to boost sales.    Bottom Line   Data Intelligence is more than just analytics, it collects data from different sources and refines it to deliver further for generating analysis. Data intelligence can be addressed to the process of optimizing Artificial Intelligence and Machine Learning tools to scrutinize and transform large datasets into intelligent data insights. Business Intelligence is the essence of data intelligence, a business scalability relies on your BI capabilities. Trident Information Systems is equipped with Microsoft’s robust tools ensuring a powerful BI service. For further queries or a demonstration, contact us.   

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How to Select the Right ERP/CRM Implementation Partner for Your Business?

Microsoft Dynamics Partner /

When you are looking for an ERP implementation partner for your business, you need to be very careful as everyone poses to be the best. It can become a long and tedious project since there are hundreds of partners in the market. Choosing the wrong implementation partner can cause ERP implementation to fail.   Look for a partner with extensive knowledge and a stellar reputation in the market. Also, they must have relevant experience with companies of your kind.  How to Choose an Implementation Partner?  Before choosing a suitable implementation partner, there are a few things you need to take care of. Since this is expected to be a long-term business relation, a thorough research is a must. Follow the steps given below before considering a partner.    Identify a Suitable Software    Analyze your business requirements and decide what software would suit you best. Spot your business’s weak points and keep a list ready for the software offering solutions for the same. It is recommended to pick a unified solution such as Microsoft Dynamics 365. There are many Microsoft Dynamics 365 Implementation partners but we suggest picking someone with one of the oldest bases such as the Trident Information Systems.   Define the selection Criteria   With the system stakeholders, you may want to define the selection criteria. Ask yourself questions like:  If you need to customize development abilities   What is the support turnaround you are looking for?  What are the other capabilities your service provider can offer?  What is the financial viability of your service provider?   At last, identify which one of these requirements is a must-have or nice-to-have.   Discuss with your IT Decision Makers   Sit with your IT head and discuss the best possible option you could have for your business, according to the budget. Your IT team can best elaborate on the issues they face with the current technology and the most appropriate options you could pick from. Make sure your team   can create an effective and open communication channel with the service provider since this is expected to be a long-lasting relationship.   Be Open and Receptive While Taking Demos  Many employees resent changes; your team might react the same. However, while you take the demo, be open about the process. Even if it seems a bit different than how you operate. It might completely shock you how you can make things even better and easier. Additionally, if it has already been included in the software you may save customization, maintenance, and support costs.   Stay Within Budget   Once you are satisfied with the demo, the next step is to identify your ERP Project costs. There are many stories about how ERP implementation costs go out of hand and set a bill up to threefold of the original costs. Unfortunately, these scenarios happen in real life but don’t have to be. You can ask for a phased approach. You can break down the costs over a longer period and make it easier for your staff as well.  Post Implementation Support and Training   Identify if the implementation partner offers post-implementation support and training. Once you go live, there will be technicalities that need further implementation assistance. Make sure the service provider is available at that time to handle your issues. Additionally, your staff needs to get familiar with the new technology and hence, require training.     Importance Of a Good CRM/ ERP Implementation Partner  It is important to have a good implementation partner since ERP/ CRM implementation services play a huge role in how your business is going to operate in the next five years. Following are the reasons why you need a good implementation partner for your business.  Expert Resources  Once you associate with an ERP Implementation Partner your business gets progressively robotized and executes a better synchronization among multiple business divisions. Data can steam more easily throughout the organization. And the best part is it eliminated postponements of data and miscommunication.   Creates Better Strategies  The vendor can help you understand your clients better with real-time data analysis. Understand your clients in-depth and identify their purchasing habits. With this data, you can make better strategies to retain current customers and lure new ones to the business.   Effective Business Operations   Once you join hands with the technology partner, you tap into the abundant expertise services. It is more time-consuming to switch your in-house experts to a new CRM/ ERP tool. You no longer have to pull your people off their current projects instead, it is time to train on your new completely implemented system.    Greater ROI   When you outsource CRM/ERP implementation you are bound to get a higher ROI, training a partner cut you the time on getting your system up and running your team. Instead, now your team gets enough time to carry out the tasks they are best at in the meantime. This ends up boosting your business productivity and profit.    Automatic updates    You no longer have to worry about the upgrades, your Implementation partner is now responsible for it. You will never fall back since you will always be on the latest technological version. Optimize the latest ERP and CRM tools to boost business productivity.    Why Trident?  Being Microsoft Dynamics Gold Partner and D365 Implementation Partner, we offer strategic business and technology services, such as integration, implementation, migration, support to D365(AX), Business Central (NAV), LS Retail (LS Central), IoT, Mobility & Visual Quality Inspection.  Armed with 150+ certified technical resources and experience of over two decades, we have set solid ground services for retail, hospitality, eCommerce, logistics, manufacturing, oil, and energy, duty-free, and education industries. We won several awards and are recognized as Microsoft and LS retail gold partners. For further enquiries or a demo contact us.  

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3 aspects to consider when migrating to Dynamics 365 in the cloud—it’s like building your next dream house

Microsoft Dynamics 365 /

Migrating your on-premises business applications to the cloud can be like building your very own dream home. It’s incredibly exciting and will be perfect for your unique needs but can feel daunting when going at it alone. Ensuring you have a strong plan is crucial. Let’s explore this metaphor a bit more as we examine three critical components in your cloud journey and how you can leverage the Microsoft Dynamics 365 Migration Program all along the way. Much like a top-notch architect and contractor makes building your dream home easier, the Dynamics 365 Migration Program enables on-premises customers to simplify and accelerate their move to the cloud. It offers end-to-end migration support working directly with Microsoft cloud architects and specialized migration partners. The program offers access to a no-charge migration assessment, pricing offers, tools, and migration support for qualified customers. Get expert help through the Dynamics 365 Migration Program to move from Dynamics AX or Dynamics CRM to the cloud. Before you “break ground” on your cloud migration, however, there are three core aspects to consider—budget, requirements, and location. 1. Budget: When building a dream home, ensuring you have a good understanding of your true budget is usually a good place to start. A reasonable place to begin is to compare your housing costs today with your future costs. Maybe you are renting or making mortgage payments on an existing house and you want to compare your current payments to your dream home mortgage. Chances are this new mortgage cost along with the one-time down payment may look overwhelming compared to your current rent or mortgage, but this is an incomplete view. It is incredibly important to factor in all of the service costs involved in maintenance, upgrades, and repairs of your current residence. This applies to on-premises costs as well—it is crucial to calculate the total cost of ownership, including IT costs, upgrade costs, and server costs to avoid any surprises. See the Forrester TEI study for Dynamics AX and Dynamics CRM to learn what other customers have found when making the cost comparison. 2. Requirements: Once you have a clear line of sight to the budget requirements, next comes the fun part—the design and specifications of your new house. When you are thinking about your future needs, why limit yourself to old ways of doing things? What about your partner’s, kids’, and pets’ changing needs? Your toddler will grow up to be a teenager in no time and will need a study room, or maybe your partner wants to start working from home and needs a quiet office space. Is all of your old stuff going to your new house, or might it make sense to get rid of the old boxes that you haven’t opened in the last 10 years? Likewise, when migrating to the cloud, it is an opportunity to refresh, evolve, or completely get rid of your old business practices that don’t make sense anymore. Do you still want that big file cabinet when you can store things securely online? To fully understand what it will take for you to migrate your existing on-premises data, customizations, integrations, and functionality to the cloud, you should sign-up for a no-charge, no-obligation Microsoft migration assessment. The assessment will give you deep insights into what it will take in terms of time and effort to migrate to the cloud. Apply today for the Microsoft migration assessment to get started. 3. Location: Your ideal dream house should be in a spot where you feel safe and have the option to expand your living space when needed. Some neighborhoods, for example, are simply preferred because of the safety they offer in addition to the flexible zoning laws that allow future expansion. Maybe you want to build that second floor or mother-in-law suite in the future when your family grows or add those privacy hedges you have always wanted. Isn’t it great to always have that option and only invest when you are ready? With Dynamics 365 you can access cutting-edge technology, control costs, and improve IT productivity by migrating to the cloud. Dynamics 365 offers physical, infrastructure, and operational security with Microsoft Azure. It also offers scaling to the desired capacity to accommodate a variable number of users. Learn more about all the benefits of migrating from Dynamics AX and Dynamics CRM to Dynamics 365 in the cloud. Finally, when considering building that future dream house, it can be exciting and nerve-wracking at the same time. Migrating your on-premises enterprise resource planning (ERP) or customer relationship management (CRM) to the cloud is no different with the same or more anxiety associated. It is very important to fully consider all the costs, design aspects, and platform features before you can determine the best migration path for your company. With Dynamics 365 Migration Program hundreds of customers like you have already benefitted from our no-charge, no-obligation Microsoft Standard Migration Assessment. “I was impressed about the information I got out of this migration assessment. It will give us confidence for the next steps” – Senior Business Analyst The Microsoft Standard Migration Assessment is the first step to help you understand the value of cloud migration and how to get there. This Microsoft-managed assessment is delivered virtually, typically requiring four to eight hours of a customer’s time. The Microsoft Standard Migration Assessment is available worldwide for users of Dynamics AX and Dynamics CRM. Consult with our Dynamics 365 Expert here. Blog Reference : Microsoft Official

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