November 22, 2024
Insight

Not all analytical platforms are equal: What Lies Beneath the Surface

When it comes to understanding your data, the dashboards and reports you see are just the tip of the iceberg. Beneath the surface, there should be an entire ecosystem of tools and processes working together to make that information clear, meaningful, and actionable.
Not all analytical platforms are equal: What Lies Beneath the Surface

Here we explore what is going on under the surface that makes The Data Refinery so effective at getting to the heart of your data that makes those dashboards and reports so reliable, insights so rich, and activation so easy…

Data Transfer: A Strong Foundation
The first step in refining your data is gathering it all into one place. With over 600 connectors, The Data Refinery integrates with virtually any system—whether it’s Marketing, Finance, Operations, or Trading. By unifying your organisation’s data, you can gain a complete view of your operations.  

This isn’t just about centralisation. It’s about enabling connections. Your data exists beyond a single department or transaction. Connecting the dots across your entire organisation reveals patterns and opportunities that would otherwise remain hidden.

Data Algorithms: Years of Expertise at Work
Customer data doesn’t come neatly packaged. It’s scattered across platforms and often exists as fragments—pieces of a puzzle that need to be assembled. That’s where The Data Refinery’s algorithms come into play. These algorithms, honed over years of data-matching experience, ensure that your data is linked accurately and reliably.  

By building these connections, you gain a cohesive and comprehensive picture of your customers and your business.

The Common Data Model: Organising Chaos
Different systems use different languages—fields, naming conventions, and data definitions often don’t align. This is where the Common Data Model comes in. The Refinery maps all your disparate data into a unified structure, creating a reliable foundation for analysis.  

This organised layer eliminates the guesswork, making it easier to extract insights and act on them. Whether you call it a unified foundation or a “business-ready layer,” it’s the part of the iceberg that makes everything else possible.

Enhancing Data: Seeing the Bigger Picture
Once your data is connected and organised, The Data Refinery takes it a step further. By enriching your customer profiles with open data sources, we add over 30 additional data points—including socio-demographic, home, and community attributes.  

This enhancement creates what’s called a golden record: the most complete and accurate view of each customer. With this deeper understanding, you can segment your audience more effectively and approach them with more tailored communication.

Data Models: Insights Built In
Data modelling doesn’t need to start from scratch. The Data Refinery comes equipped with pre-built models to jumpstart your analysis. These include:  

- Recency/Frequency/Value (RFV) segmentation
- Attribution models
- Long-term value cohorts  
- Forecasting tools

These tools aren’t just about numbers—they provide frameworks for understanding customer behaviour, predicting future trends, and optimising your strategies.

Publish and Activate: Putting Data to Work
The final layer beneath the iceberg is activation. With The Data Refinery’s audience builder, you can create highly specific segments based on everything you know about your customers. From one-off campaigns to recurring audiences, it’s all accessible with just a few clicks.  

This isn’t just about marketing—it’s about turning insights into action, across the organisation. Whether you’re targeting specific customer groups or aligning teams on shared data, this step ensures your data is used to its full potential.

Making Dashboards Truly Effective
Dashboards and reports are only as valuable as the processes behind them. What makes The Data Refinery so effective is the effort that goes into preparing the data you don’t see: unifying fragmented sources, aligning definitions, enriching with additional insights, and building models that are ready to act.  

By focusing on these foundational processes, The Data Refinery transforms raw data into a tool that empowers decision-making. The result? Dashboards and insights that are clear, reliable, and actionable—giving your organisation the clarity it needs to move forward with confidence.

While all this may sound complicated, the beauty of a fully automated platform is that we can plug you in and set it running in less than an hour. Within a couple of days we can have churned through years worth of data and have it presented to you in the dashboards, insight tools and models, ready for you to explore and take action. If you'd like a demo or trial, get in touch.

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CEO at The Data Refinery

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