Most consumers love the thought of getting a special deal, so they are eager to sign up for a store loyalty card or a membership to the store club. They just look at it as a perk for doing business at a specific store or with a specific company. But consumers are not seeing the real point behind all of the tiny barcoded tabs that we all have on our keychains. Coupons and bonus deals are just a byproduct or spiff that businesses are willing to offer for the opportunity to collect priceless data. The collection, analysis and use of this data are critical to almost all decisions that businesses make today. Click here to find out more about the process.
A job that was once completed by people with paper and pencils is now processed on an exponentially larger scope with the uses of highly specialized computer networks. Millions of pieces of information can be collected, analyzed and compiled each minute. This information is then used by businesses to decide what to produce, how much or many to produce and who their target demographic will be. They know what shoppers are buying, what they are paying for the items and what new products might appeal to them. It is the driving force behind most marketing plans and businesses.
None of these amazing advances would be possible if it weren’t for the networks and systems that have been designed and implemented to capture the data. The field of data engineering was born to facilitate this process and will continue to grow and evolve as the demand grows. Having an online engineering degree would allow you to become a part of this growing field and enjoy almost limitless career opportunities. Data engineers are critical to the continued success of marketing and business management throughout the world.