By Leveraging LakeB2B’s Data Licensing Solutions, Information Services firms can Expand their Database and Enhance Customer Relationships
Master data forms the foundation of the information Services Industry’s data assets. Information Services firms struggle with incomplete, inconsistent, and duplicate data, resulting from poor master data management processes and improper governance. Poorly defined and managed data hinders timely resolution of data conflicts that impacts the overall business performance. With the digital revolution, Information Services companies now need to process an increasing number of data sources, and a variety of unstructured content including audio/video to provide accurate actionable information across multiple delivery channels quickly. Margin pressures and the need to move up the value chain are pushing them to increase their operational efficiency and enter into their customers’ workflow.
