Cadre Data Services (CDS) is a company that is the involved in the business of data collection and analysis. The company was created to offer businesses the power to put their data into deriving value for them.

Cadre Data Services (CDS) is a company that is the involved in the business of data collection and analysis. The company was created to offer businesses the power to put their data into deriving value for them.

The analyzed data is then used by business leaders to make important decisions regarding their organizations. Businesses are increasingly finding themselves generating a huge amount of data and CDS has emerged as one of those with solutions that can help businesses deal with this. As businesses accumulated data, it was increasingly difficult for them to effectively manage the data given their lack of or insufficient expertise in the area. This meant they were stuck with huge data they didn’t understand. But considering the place of data in today’s economy it was important to find ways to decipher it. CDS comes in and makes the process much easier and manageable as they provided there deep knowledge on the field. Their clients would then only have to focus on their core competencies. (Furr, & Dyer, 2014).

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CDS has grown to a $25 million company in under two years of the operations. It currently has twenty employees. With this fast growth, the company has outpaced its current operations and premises. It is therefore wishing to move to newer premises as well as more importantly develop a more comprehensive information technology infrastructure as it seeks to leverage more of the data it collects. With a 60% growth target over the next eighteen months, this will be of absolute importance to ensure the technology put in place can ensure those goals are met.

Type of Business Activities

The types of business activities carried out by CDS include the use of operation systems and web analytics in the collection of data. The company then analyzes the data with tools it has at its disposal and provides its clients with the resultant business intelligence. The company has diversified the industries it handles data for to increase its reach. This has provided it with the opportunity to reach as many clients and potential customers as well. Clients can contract CDS with collecting and analyzing data for them. CDS also collects data from a number of sources for purposes of conducting their own analyses that are then sold to organizations separately. This could be industry information, trends and so forth.

When done efficiently, data collection and analysis can prove to be a boon for businesses. With CDS, they get to have a more concrete understanding of the operations from the past, its current state as well as the potential future that could be gleaned from the data that has been collected and analyzed. The analysis will provide predictions that the business leaders can use to plan for the future. While the decision making is left to the clients themselves, they have come to rely on and trust the insights provided by CDS from analyzing data.

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