{"id":22225,"date":"2024-02-22T09:00:57","date_gmt":"2024-02-22T08:00:57","guid":{"rendered":"https:\/\/www.regestaitalia.eu\/how-to-transform-the-company-into-a-data-driven-company\/"},"modified":"2025-06-03T15:32:12","modified_gmt":"2025-06-03T13:32:12","slug":"how-to-transform-the-company-into-a-data-driven-company","status":"publish","type":"post","link":"https:\/\/www.regestaitalia.eu\/en\/how-to-transform-the-company-into-a-data-driven-company\/","title":{"rendered":"How to transform the company into a data driven company"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-right-small:0px;--awb-padding-left-small:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1497.6px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-text-color:var(--awb-color6);\"><p><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">The importance of data is so clear that it does not even need to be reiterated, to the point that phrases such as \u201c<\/span><em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">Data is the new oil.\u201d<\/span><\/em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">&nbsp;are now being read and heard even in the generalist media. What distinguishes the companies that are successfully embracing data culture, however, is the subsequent insight: &nbsp;<\/span><strong data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">it is not enough to collect the data<\/strong><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">nor use them for retrospective or untimely analysis. Becoming a data driven company means, first of all, recognizing the centrality of information, and its proper management, in business decision making, as well as using &nbsp;<\/span><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\"><b>evolved, proven and effective analysis tools<\/b> to put them to value.<\/span><\/p>\n<h2 class=\"\" data-fontsize=\"30\" data-lineheight=\"45px\">Data-driven culture: organizing, structuring and using data<\/h2>\n<p><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">The transformation from simple companies <\/span><em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">data collectors<\/span><\/em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">&nbsp;a data-driven company is a process that first goes through the organization of resources. One issue that has been known for a number of years is that relating to the &nbsp;<\/span><strong data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">quality of the data collected. <\/strong><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">In fact, as early as 2019<\/span>&nbsp;<a href=\"https:\/\/www.forbes.com\/sites\/bernardmarr\/2019\/10\/16\/what-is-unstructured-data-and-why-is-it-so-important-to-businesses-an-easy-explanation-for-anyone\/?sh=6f519a9b15f6\" target=\"_blank\" rel=\"noopener\" data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">Forbes<\/a>&nbsp;<span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">emphasized how unstructured data was growing exponentially. The mission today is undoubtedly to organize, analyze, and manage this mass of information so as to gain a competitive advantage. <\/span><\/p>\n<p data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">Companies that have already implemented this process, transforming themselves into data-driven companies, have gained important benefits, which we can summarize in four main areas.<\/p>\n<ol>\n<li><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">First of all, an <\/span><strong data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">increase in revenues<\/strong><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">, mainly due to the potential of predictive analytics, in terms of<\/span> <a href=\"https:\/\/www.regestaitalia.eu\/regesta-lab\/approfondimenti\/predictive-quality-analytics-un-fattore-chiave-per-ottimizzare-i-risultati-dei-processi-manifatturieri\/\" target=\"_blank\" rel=\"noopener\" data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">product quality<\/a><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">, but also to user targeting, price management and so on.<\/span><\/li>\n<li><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">Then, a significant <\/span><strong data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">improvement in efficiency<\/strong><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">. In this case, the reason is easy to see: having better data enables the isolation of cost centers and critical issues in a systematic way.<\/span><\/li>\n<li><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">Benefits are also noted in terms of <\/span><strong data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">risk reduction<\/strong><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">, again related to the predictive ability of the data.<\/span><\/li>\n<li><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">Finally, there are significant benefits in <\/span><strong data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">user retention<\/strong><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">, when the data-driven approach is extended to customer experience and data-driven marketing.<\/span><\/li>\n<\/ol>\n<h3 class=\"\" data-fontsize=\"24\" data-lineheight=\"36px\">Data-driven companies in Italy<\/h3>\n<p>In Italy, too, the move toward a data-driven approach is beginning to convince more and more decision makers. During the latest surveys conducted is &nbsp;<a href=\"https:\/\/www.zerounoweb.it\/trends\/dinamiche-di-mercato\/approccio-data-driven-cosa-fanno-le-aziende-italiane\/\">emerged<\/a> as the&nbsp;<b>42%<\/b> of companies are starting their journey, while 24% are in the preliminary stages. In general, however, evolving to a model where decisions are data-driven is considered strategic for 83% of companies. However, some implementation challenges remain.<br \/>How can companies address and evolve toward a Data Driven model? Here are some possible strategies.   <\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-right-small:0px;--awb-padding-left-small:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1497.6px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_2 1_2 fusion-flex-column fusion-flex-align-self-stretch\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-center fusion-content-layout-column\"><div class=\"fusion-text fusion-text-2\"><h2 class=\"\" data-fontsize=\"30\" data-lineheight=\"45px\">How to become a data driven company<\/h2>\n<p><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">The <\/span><em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">data driven approach <\/span><\/em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">requires a paradigm shift. Where very often the traditional approach involves decision-making based heavily on prior experience, custom, and even a range of dynamics with some margin for irrationality, a data-driven company accepts that decisions based on collected and organized data offer better opportunities. <\/span><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_2 1_2 fusion-flex-column fusion-flex-align-self-stretch\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-center fusion-content-layout-column\"><div class=\"fusion-image-element \" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-none imageframe-1 hover-type-none\"><img decoding=\"async\" width=\"1200\" height=\"800\" title=\"Data driven interna\" src=\"https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/04\/Data-driven-interna.jpg\" data-orig-src=\"https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/04\/Data-driven-interna.jpg\" alt class=\"lazyload img-responsive wp-image-21118\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%271200%27%20height%3D%27800%27%20viewBox%3D%270%200%201200%20800%27%3E%3Crect%20width%3D%271200%27%20height%3D%27800%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/04\/Data-driven-interna-200x133.jpg 200w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/04\/Data-driven-interna-400x267.jpg 400w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/04\/Data-driven-interna-600x400.jpg 600w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/04\/Data-driven-interna-800x533.jpg 800w, https:\/\/www.regestaitalia.eu\/wp-content\/uploads\/2021\/04\/Data-driven-interna.jpg 1200w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 640px) 100vw, 800px\" \/><\/span><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-right-small:0px;--awb-padding-left-small:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1497.6px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-3\"><p>In this sense, it is about implementing a&nbsp;<strong>cultural change even before the technical one<\/strong>. That is why, a priori or concurrently with the technical and operational steps, it is essential for the company to engage in awareness, training and information operations, aimed at both staff and stakeholders, to make sure that the transition is universally accepted as a positive factor and an opportunity. Then, there are some key steps from an organizational perspective as well.  <\/p>\n<h3 class=\"\" data-fontsize=\"24\" data-lineheight=\"36px\"><\/h3>\n<h3 class=\"\" data-fontsize=\"24\" data-lineheight=\"36px\">Data collection and organization<\/h3>\n<p><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">If the company is not yet structured, gearing up for data collection and analysis is a critical step. Whether it is a &nbsp;<\/span><em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">data warehouse<\/span><\/em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\"> internal or a <\/span><em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">cloud-based<\/span><\/em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">, the first step is precisely to put oneself in a position to be able to collect as much meaningful data as possible. In this, &nbsp;<\/span><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\"><b>one must also take into account data that are not normally taken into account<\/b>, because they are too complex to handle with canonical systems, but instead contain valuable information. Forbes, &nbsp;<a href=\"https:\/\/www.forbes.com\/sites\/bernardmarr\/2019\/10\/16\/what-is-unstructured-data-and-why-is-it-so-important-to-businesses-an-easy-explanation-for-anyone\/?sh=4cb0c61215f6\">back in 2019<\/a>, stressed the importance of the&nbsp;<b>Unstructured data<\/b> in business, for example.<\/span><\/p>\n<p><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">The choice about <\/span><strong data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">which data are meaningful<\/strong><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">&nbsp;will undoubtedly require a period of adjustment and organization, for which it is advisable to rely on a team of analysts who can make suggestions in terms of strategic choices. A rather common mistake, in fact, is to &nbsp;<\/span><strong data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">be limited to data sets that are known<\/strong><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\"> or related to production activities, where instead it is necessary to extend collection and analysis to all aspects of business life, from marketing to service.<\/span><\/p>\n<h3 class=\"\" data-fontsize=\"24\" data-lineheight=\"36px\">Setting goals<\/h3>\n<p><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">Setting realistic and credible goals related to the shift to a data-driven approach has two important values. First, it allows you to set &nbsp;<\/span><em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">milestones<\/span><\/em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\"> that demonstrate, or constructively challenge, the validity of this strategy.<\/span><\/p>\n<p><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">In the second instance, they provide excellent motivational leverage to support the awareness activities mentioned above. In addition, the &nbsp;<\/span><strong data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">measurability of objectives<\/strong><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\"> is one of the main reasons for adopting a data-driven decision-making system, and it is imperative that this be adopted sooner rather than later.<\/span><\/p>\n<h3 class=\"\" data-fontsize=\"24\" data-lineheight=\"36px\">Permeability of information<\/h3>\n<p><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">Another key issue in the development of data culture is the accessibility of information across the structure. Here again, in addition to the infrastructural reasoning required to ensure this, work needs to be done &nbsp;<\/span><em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">cultural<\/span><\/em><span data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\"> to ensure that this new opportunity is appreciated.<\/span><\/p>\n<h3 class=\"\" data-fontsize=\"24\" data-lineheight=\"36px\">Experience and training<\/h3>\n<p data-fusion-font=\"true\" data-fusion-google-font=\"Karla\" data-fusion-google-variant=\"300\">A data driven company needs expertise in data management and analysis. This can both involve bringing in new people and providing an opportunity for internal staff to grow through training and continuing education. <\/p>\n<\/div><div class=\"fusion-separator\" style=\"align-self: center;margin-left: auto;margin-right: auto;margin-top:1vw;margin-bottom:2vw;width:100%;max-width:20%;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:var(--awb-color6);border-color:var(--awb-color6);border-top-width:1px;\"><\/div><\/div><div class=\"fusion-text fusion-text-4\" style=\"--awb-content-alignment:center;\"><p>Do you want to learn more? Find out with us what strategies are appropriate for your reality and &nbsp;<b>Becoming a data-driven company.<\/b><\/p>\n<\/div><div style=\"text-align:center;\"><a class=\"fusion-button button-flat fusion-button-default-size button-default fusion-button-default button-1 fusion-button-default-span fusion-button-default-type\" target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.regestaitalia.eu\/regesta-lab-2-2\/contattaci\/contattaci-richiedi-assessment\/\"><span class=\"fusion-button-text awb-button__text awb-button__text--default\">CONTACT US TO RECEIVE A CONSULTATION<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The data-driven approach requires a cultural change even before a technical one, but it is a transformation that brings measurable and obvious benefits.<\/p>\n","protected":false},"author":1,"featured_media":21120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[137],"tags":[],"class_list":["post-22225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advanced-analytics-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to transform the company into a data driven company<\/title>\n<meta name=\"description\" content=\"Every company can transform into a data driven company with the right choices and a structured strategic plan: here&#039;s how\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.regestaitalia.eu\/en\/how-to-transform-the-company-into-a-data-driven-company\/\" \/>\n<meta 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