Data Insight for Business Decisions

Data Insight for Business Decisions

Table of Content
INTRODUCTION
Role of data in telecommunications industry
Type of data utilised by Vodafone
Usage of data in daily business operations of telecommunications industry
Explanation of information capture and data storage by Vodafone
Example of data usage to gain insight for business decision making
Usage of primary studies and market research in combination with information
system to enhance insight
CONCLUSION
REFRENCES

INTRODUCTION
 Business firms in the digital age are dependent on data and consumer
information to complete daily tasks, make important business decisions
and ensure delivery of exceptional products or services to consumers.
The present report is centred on data collection and usage in the
telecommunication industry. Vodafone is one of the biggest
telecommunication enterprises and is headquartered in United
Kingdom. This report summaries the role of data and information in
the telecommunications industry. The type of data gathered by
Vodafone is also mentioned in this report.

Role of data in telecommunications
industry
In terms of data production and collection
telecommunication industry is one of the sectors which
harnesses large quantity of data. The important role of data
and information in case of telecommunication industry is
depicted by the fact that the telecommunications industry
is tasked with connected people and sending information
from one region to another. Data and information are the
foundation of the telecommunication industry as
transmission of data to make a voice call is the primary
service of the industry (Al Jabri, Al-Badi and Ali, 2017).