Managing Online Customer Data: A Realistic Business Problem

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Managing Online Customer Data: A Realistic Business Problem

ABSTRACT: This article examines the rapid growth of Real-Time Customer Data Platforms (RTCDPs) and their implications for businesses, aiming to enhance real-time data accessibility and maximize profitability. Companies should adopt a transparent management approach to minimize the impact of often-dramatic changes in processes, workflows, and organizational culture when using RTCDPs. Using qualitative case study and in-depth with top business managers, the article pinpoints five critical themes that facilitate successful online customer data management system:  (i) Holistic Planning – a complete integration of different services or departments; (ii) Stakeholder Engagement – relevant parties must buy-in to new processes; (iii) Training Programs – get employees trained; (iv) Data Governance and Privacy – make sure data integrity is secured through compliance (v) Pilot Programs – Lets test and refine. The results are intended to provide practical, effective strategies for successfully integrating real-time customer data platform management, which may lead to greater satisfaction for both companies and customers in today’s data-driven business environment.

 

Keywords: – Real-Time Customer Data Platforms, Migration to Real Time, Customer Satisfaction, and Transparent Change Management

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