CRM (customer relationship management) combined with Big Data is the practice of integrating big data into internal business processes with the aim of improving customer service and predicting customer behavior, finding patterns and trends to take advantage of sales opportunities, adjusting product and service offerings to increase profits among others.
This combination improves customeranalysis and leads to the creation of different data models. Businesses using these tools seek to obtain systems that can process data in real time and, therefore, connect with customers quickly, helping to make predictable decisions, as well as give information on inventories, customer segmentation and help in the development of products and services.
In a context in which the creation of digital records is increasing, investment in data analysis, technology and personnel becomes fundamental and essential to ensure the best possible performance in companies.
Advanced Analytics (AA), which can be executed from data from digital platforms, wireless sensors and millions of mobile phones, is transforming competition across multiple sectors by generating opportunities to capture value from improved decision making and comprehensive business transformation.
Low growth of the local economy, low generation of formal jobs, deterioration of fiscal indicators derived from the rise in the deficit and public debt, are some of the factors that have been reported during 2018.
The Salvadoran Foundation for Economic and Social Development (Fusades) presented the Economic Situation Report up to November 2018, in which an analysis of the country's situation is presented.
According to Moody's, the three most important agreements that will have the greatest impact on the Panamanian economy are those that have to do with investment, tourism and trade.
An analysis prepared by the rating agency Moody's Investor Service details the positive consequences that could be seen in the medium term, from the new trade and diplomatic relations between Panama and the People's Republic of China.
The success of companies increasingly depends on their ability to integrate data analysis both for strategic and operational decisions.
Both the availability of data and the ability of technology to use it for analysis, have increased exponentially in recent years.More sophisticated algorithms have been developed and computational and storage power has steadily improved. The convergence of these trends is fueling rapid technological advances, aiding better business management.
A study by Funides details the numbers for the sector and points to factors impeding further development such as low productivity due to lack of genetic development and mechanization, in addition to excessive dependence on climate.
According to the Nicaraguan Foundation for Social Development (Funides), the main challenges facing the livestock sector are low productivity, high dependence on climate, lack of genetic development, little mechanization, higher demands from international markets, sanitary barriers and those of neighboring countries, lack of public services and infrastructure and low industrialization.
A study on the importance of the mining sector in the country, carried out by the CABI, concludes that "the net profit for mining entrepreneurs is between 20% and 30% in normal times."
The analysis prepared by the Cabi said that the mining industry contributes 3.3% of GDP to the country directly and indirectly, a relatively small amount in the opinion of Paulo de Leon, at the Cabi, who believes that the sector has greater potential.
Government authorities and producers are considering to establish a laboratory in the Panamanian province of Chiriqui to analyze the quality of milk produced in the area.
The proposal is being developed jointly by the Cooperative of Milk Producers of Chiriqui and agriculture authorities. The goal of milk producers is acquire the technology needed to analyze and improve production processes necessary to raise the final quality of the product.
"While low growth rates of GDP restrict credit growth and earnings, expansion in consumer loans could weaken credit quality."
From a report by Fitch Ratings:
Fitch Ratings - San Salvador - (July 16, 2015): The largest Salvadoran banks have a strong ability to absorb losses, which protects them from the weak operating environment and asset quality pressures, according to Fitch Ratings' special report .
The National Environmental Authority in Panama is inviting bids for laboratory services for physico-chemical and microbiological analysis of samples of water for human consumption.
Analysis by Fitch Ratings projects that banks in the region will maintain strong balance sheets and have stable profitability in 2014.
Excerpted from Fitch Ratings:
Differential Growth and Opportunities: Low financial depth, in most systems, continues to provide significant opportunities for expansion of bank balance sheets; although this is limited by low average income levels. In 2014, assets in the region could increase about 10%, mainly driven by higher portfolios. Central American banking portfolio growth will reach double digits, except for the systems in El Salvador and Panama, which will grow at a slower pace.
In 2013 the export supply of the region in the international market was focused on integrated electronic circuits, coffee, bananas, sugarcane and medical devices.
From a report by the Secretariat of Central American Economic Integration (SIEC):
Diversification of exports is above the thresholds of the largest Latin American exporting economies.
The use of mass information on students´learning patterns can help schools to personalize education in increasingly sophisticated ways.
The collection, analysis and intelligent use of educational data can drive the profound changes that are needed for the education systems to generate skillful and talented people to create the innovations that will support economic growth in the long term.
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
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