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In a world where data-driven decision-making has become all but necessary, research professionals are faced with a unique challenge: to find and collect the information they need amid an ever-growing sea of data. Today’s researchers are drowning in information; the total amount of data created, captured, copied, and consumed globally reached 64.2 zettabytes in 2020, and is projected to hit 180 zettabytes by 2025. That is a lot of data for analysts and researchers to parse.
But when it comes to making data-driven decisions, finding the right information is only half the battle. Indeed, the true power of data lies within the unique insights and opportunities that can be uncovered through careful analysis and interpretation. And if you’re spending your time organizing your information, you are expending valuable resources and energy on time you could spent finding those insights, leading to better business decisions and increased ROI.
That’s why the latest workflow tool from Nexis® Solutions, web clipper Nexis® Hub is making that process easier for today’s busy professionals. In this article, we’ll show you how the features of Nexis Hub improves and streamlines the process of researching and reporting, allowing you to capture information—including helpful citations and metadata—from a variety of Nexis products and across the internet.
We’ve all spent time searching for a morsel of information we are sure we saved somewhere in our research. Without a good workflow and organization system, you can spend wasted minutes trying to find exactly what you need. Then, it takes even longer to tie it to other insights to paint a big picture.
But with Nexis Hub, that time gets cut down to seconds. What makes Nexis Hub most valuable to researchers is that it organizes all your research in a single, secure location. There’s no more copying, pasting, and formatting bits and pieces of information into a Word doc or saving article upon article as a bookmarked web page. Nexis Hub serves as an advanced article clipper that saves your findings to a single cloud-based collections portal.
This allows you to have a holistic view of your saved data, making it easy to make connections and identify trends that inform crucial business decisions.
Here are some of the valuable insights you can uncover with the comprehensive view of your research offered through Nexis Hub:
Valuable insights are often hiding behind surprising or unusual numbers, but if all your data is in disparate places, you will never find these anomalies.
With all your data in one place, it’s easy to spot deviations from the norm (like unexpectedly low revenue or surprising performance from a specific business or company unit) and highlight those findings for further analysis.
MORE: How enriched data can help you track your business KPIs
In today’s ever-shifting competitive landscape, it is critical to keep a keen eye on the future. Examining a bird’s-eye view of your saved data can help you identify key economic, technological, or demographic trends and examine how these changes interact to create new opportunities (or threats).
MORE: Analyzing market, media, and trends for better business intelligence
If you don’t have all the information you need, it can be very hard to make the right decision for your business—especially if you’re unaware of the risks associated with those decisions.
A comprehensive view in a central location of the potential reputational, regulatory, financial, and strategic risks associated with partners or vendors can help you make important decisions about with whom you do business.
MORE: The changing roles of risk managers in the age of data, technology, and AI
With so many moving parts, it can be difficult to locate what exactly what isn’t working. But if you have all of your insights in one place, you can pinpoint where roadblocks occur.
Quickly identify customer pain points or existing processes that aren’t working for your business—and integrate those findings into reports in Nexis Hub that can be shared with key decision-makers.
MORE: Avoid unnecessary task switching during research with prioritization
With all you need to do in your day-to-day work, you don’t need to waste your time or energy organizing. By collecting your data in one location with Nexis Hub, you can make data-driven decisions based on the whole picture.
Ready to get started? Contact us today to request your free demo.