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Business data communication is the process of transferring information to all stakeholders within an organization. The information is presented in the form of statistics or trends, as well as other data-driven insights. Effective business data communication involves making these insights easily accessible to a variety of types of audiences. Stakeholders are less likely to make decisions based on information that they don’t fully comprehend or trust. Data analysis skills are essential for communicating data insights as well as the ability to write effectively. Writing clearly and concisely in reports or presentations will avoid confusion and misinterpretation.

Various business data communication models exist, based on the nature of the data that has to be transferred and the level of security needed. One popular model is the publish-subscribe model which makes use of a broker to give data to subscribers who have indicated an interest in it. Other models are designed to enhance the value, validity, or reliability of data through transformations, aggregations, or analytics.

Business data communication systems can also be utilized to create virtual organizations, allowing employees to work from any place in the world and not be limited by time zones or office locations. This allows employees to work with colleagues remotely, saving cost of overhead and improving customer service.

Finally, the capability to communicate data effectively also aids businesses in identifying problems or issues that require improvement, which allows them to make changes to improve their products and services. If customers are not satisfied with a service or product, they can be asked for feedback and suggestions through surveys from customers or through data communication tools.