Cloud-Based Analytics for Small Businesses

 Hello again and welcome back to this week's blog which is another fact based one focusing on Cloud-Based Analytics for Small Businesses.  

In today’s business world small businesses can get lost amongst larger organisations as it is hard for them to have the revenue needed to make informed decisions to stay somewhat competitive. As to make these decisions they need to appropriate tool such as Cloud-Bases Analytics to evaluate and review large volumes of data.  

Cloud-Based Analytics uses remote servers on the internet's cloud platform to collect, process and analyse data rather than using physical servers.  

Benefits  

  • Cost Effective : As businesses are small, I feel this is a huge benefit as when using Cloud-Based Analytics businesses only have to pay for what they use. This allows businesses to use their revenue on more important resources.  
  • Easily accessed : Cloud-Based Analytics allows small businesses to access the data from any location this in my opinion as many smaller businesses may have people working from home to reduce their office space costs. Imagine you were working from home on certain days and only been able to access certain information when you go into the office. 

Here is a link to a document on LinkedIn that goes into more detail on the benefits of Cloud-Based Analytics for small businesses https://www.linkedin.com/pulse/benefits-cloud-computing-small-businesses-karen-rogers-syxje/.

This image also shows more benefits:



In conclusion, cloud-based analytics gives small businesses an effective, accessible and affordable priced tool to use data to expand and to make more informed decisions within their own business premises.  

I hope you have learnt something from this blog because having wrote this blog and last week's one (if you haven't read it, please have a read of it now if is on SaaS ERP for SMEs) i certainly have learnt loads when researching these different topics.  

Look forward to hearing your options on this topic in the comments,  

Molly.  

Comments

  1. Roisin Waters26 November 2024 at 07:40

    Great detail in explanation! Really easy to follow and understand.

    ReplyDelete

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