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The impact of big data analytics on Enterprise Performance Management
Enterprise Performance Management or commonly known EPM is a management field of Business Performance Management which considers the visibility of operations in a closed-loop model across all facets of the enterprise.
Nowadays, big data analytics is helping EPM in factoring a lot more unstructured data than what was possible earlier, along with duly capturing customer sentiments and feedback. A second key impact of Big Data on EPM is that analytics will be a function not restricted to the IT team, but the wider organization will be able to deconstruct data with the use of easy-to-use analytics tools.
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This will result in enriched insights for the whole enterprise, and potential for greater analysis and collaboration, all-in-all aiding better enterprise decision-making.
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