Business data communication is the process of sending information to stakeholders within a company. The information may come in the form of statistics, trends, and other data-driven insights. Effective data communication in business requires that these insights are understandable and accessible to a variety of groups. People are less likely to act in a manner they don’t trust or understand the data. For data-driven insights to be communicated, it is important to have solid data analysis abilities. However writing skills are equally important. Writing concisely and clearly in reports or presentations will help avoid confusion and misinterpretation.

There are several business data communication models according to the kind of data must be transmitted and the degree required for security. A common model is the publish/subscribe model. This model uses a broker that distributes data to subscribers who have expressed interest. Other models are created for improving the value, validity or reliability of data using aggregates, transformations, and analytics.

Business data communication systems can be used to create virtual companies which allow employees to work from any place in the world without being restricted by time zones or workplace locations. This allows employees to collaborate remotely with colleagues, saving overhead costs and improving service.

Additionally, the ability to effectively communicate data helps businesses to identify problems or issues that need improvement. This allows them to take actions to improve their services and products. If a customer is not satisfied with a product or service they can be asked to provide feedback and suggestions via surveys of customers and data communication tools.

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