Dollars That Make Sense (DTMS) – 4TH Edition

Big Data is growing rapidly, with up to 90% being unstructured. Driven by digitalization, IoT, AI, and remote work, this surge challenges businesses in managing data effectively. Legacy systems struggle to handle fragmentation, access, and complex storage needs, leading to security risks and reduced ROI on data and AI investments.

Unstructured data is harder to manage than structured data but, when handled effectively, offers insights that improve decision-making, customer experiences, and business performance.

To tackle this, Tremont & Grand is partnering with a solutions provider that offers a Kubernetes-based solution to automate workflows, enhance data management efficiency, and ensure secure, scalable handling of storage, access, retention, and archiving.

With the right data management solution in place, businesses can harness the power of unstructured data in various ways, such as:

• Customer Insights & Sentiment Analysis:
  Analyze social media posts, customer reviews, and feedback forms to understand customer sentiment, preferences, and pain points, while identifying trends and patterns to inform product development, marketing strategies, and customer service improvements.
• Compliance & Fraud Detection:
  Use machine learning algorithms to analyze transactional data, email communications, and  other unstructured data sources to detect fraudulent activity, identify potential compliance risks,  and prevent financial losses.
• Product Development & Innovation:
  Analyze customer feedback, social media posts, and online reviews to identify areas for product  improvement, inform product development, and drive innovation.
• Risk Management & Crisis Response:
  ‍Monitor social media, news articles, and other unstructured data sources to identify potential  risks, anticipate crises, and develop proactive response strategies.
• Personalization & Recommendation Engines:
  Analyze customer behavior, preferences, and interests to create personalized recommendations, offers, and experiences that drive engagement, loyalty, and revenue growth.

At Dollars That Make Sense, we advocate for ethical business practices, resource optimization, and long-term sustainability. How can your organization leverage its data to create lasting value and drive meaningful change?

‍-Stan | Founder, Tremont & Grand