The data-driven development at Eurotux
Eurotux is getting more and more oriented towards a Data-Driven culture, investing in the operational data collection, and also in the treatment and analysis for supporting strategic decisions.
Everyday hundreds and even thousands of records are registered in enterprises’ information systems. All this data can be collected and treated in order to allow the administration staff to have a better insight of the organization’s reality, and also make different scenarios forecasts for an optimized decision making.
Consequently, in the last few years, the importance of data as evidence and basis for well informed decision taking has been recognized. This is because using only heuristics in management processes can lead to the loss or underutilization of an organization’s resources.
Aware of this trend, and as a result of Eurotux’s culture of innovation and continuous improvement, the R&D in data-science project has emerged, as a solution for the utilization of the data available in the company’s systems, enabling more assertive decisions to be made in an increasingly uncertain and ever-changing world.
The first step of this process is to gather the existent information and make a quality check. In other words, to see if the present information is enough and allows you to make the intended conclusions, or if it’s necessary to improve the register process.
This project, in addition to the data collection for the analysis of results and patterns, will help Eurotux to discover little inefficiencies in the work processes that can be optimized, also delivering added value to the clients with better efficiency.
In conclusion, the Eurotux Group verifies the several advantages of the Data-Driven, as a tool to support the management and operational work of their teams. This R&D project brings together a multidisciplinary team that covers the most technical areas such as computer science and mathematics up to the areas of management, as a project of this nature only works with the close involvement of the organization’s decision makers.
It is with great expectation that the Eurotux Group continues to invest in this new Data-Driven culture that is strategic for the management of Eurotux in the decades to come.