Every day, there are innovations taking place within industries, and they fundamentally result in the emergence of new departments within businesses. This calls for urgency to keep up with the digital transformation era.
Here are five departments you must know about:
1. AI and Automation
This department is responsible for utilizing technology and implementing AI solutions to automate processes and boost efficiency, which will ultimately improve business outcomes and help it achieve its objectives. For companies to keep their competitive advantage, their involvement must be significant.
2. Cloud Services
This department is responsible for managing the cloud computing infrastructure. This means choosing the best cloud service that suits the company’s requirements for scalability, dependability, security, and cost-effectiveness. Implementing security protocols is a must to safeguard the data.
3. Cybersecurity
This brings us to the department of cybersecurity whose responsibility is to enhance the security solutions to protect the assets, data, networks and, systems from any potential unauthorized access by identifying risks and threats. One of their responsibilities is compliance, which entails ensuring that the organization complies with security regulations and standards such as GDPR.
4. Data Science
A data scientist is in charge of collecting data from different sources so they can analyze and interpret the data into meaningful insights and actionable decisions. Their responsibilities also include the visualization of the data insights and presenting them in clear and understandable presentations for decision optimization.
5. Revenue Growth Management
Their responsibility includes optimizing the pricing, promotions, and product mix to maximize revenue and profitability. This enables the company to achieve its financial objectives. They also make use of data and analytics to help them with forecasting and budgeting.
At Marketeers, we’re committed to moving with the speed of the market to add further value to our clients.