6 data challenges in usage-based services that every business must know

Published by DigitalRoute

Usage-based services allow customers to pay for only what they use and are becoming more popular for businesses to grow faster and increase revenue.

However, managing data for these types of services can be a challenge. There are six main data challenges when offering usage-based services: increasing volume of data, many data sources and types, dirty data, greater need for precision, tricky sequencing, and complex, legacy IT systems. To overcome these challenges, businesses need to ensure they have the necessary infrastructure and processes to handle the data, such as 

  • real-time processing, 
  • data validation and auditing
  • accurate data mapping to customers and services 

Learn how businesses can effectively manage data for usage-based services and offer improved customer experiences and scalable revenue growth

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Related Categories Revenue, ERP, Cloud