Cloud-Based Analytics for Small Businesses

Were back again everyone, Hope everyone keeping well.

We have another interesting concept to talk about today. We talked about Software as a system involving Enterprise Resource Planning for Small and Medium Enterprise. Todays topic is along the same lines so if you need a recap on what the topics are make sure to read the last blog!!. 

Definition of Cloud-based analytics : It refers to the process of using cloud computing platforms to perform data analysis some of the most well known are; Google Big Query (Google Cloud) and Microsoft Azure Synapse Analytics. 

Cloud based analytics has become an important figure in companies since the rise of AI and also the advances in technology, it is a very easy way to, collect, store visualize and process the data that has been retrieved. Data is more important in all companies as it helps them understand their target audience more and what they really want out of the product or service. 

One of the main benefits as to why companies have switched to cloud based analytics is how cost efficient the model is. It is cost efficient because it helps any small company to cut costs for example they will not have to invest heavily in hardware or hiring more people to work the hardware the business will only use what it is they use. Secondly the scalability of the model. As the business grows so will the model and the scale of the data available. 

So in short if I was to set up a small business i know where id be starting 😉,
See you all next week!

Comments

  1. Anonymous14 November 2024 at 22:42

    Great tips, small business owners should take notes

    ReplyDelete

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