How Big Data Assists SMEs to Enhance Productivity
In order to thrive smoothly in the era of digital transformation, the collection and utilization of data are crucial for every enterprise across the world. Prominent leaders have always relied on data and information to make effective decisions for their organizations. These decisions heavily rely on effectively presenting and adequately analyzing data and information to help organizations achieve desired goals and objectives. Additionally, big data has played a significant role in almost every industry whether it is healthcare, advertising, marketing, retail, telecommunications or insurance.
Big data is the high-quality information and the combination of various processes and tools for managing and utilizing large data sets. However, there is a misconception that big data are only for behemoth enterprises. But, it’s not true at all. It can create a humungous amount of opportunities for enterprises irrespective of their sizes regarding generating new opportunities, revenue generation, performing risk analysis and so on. Moreover, for maintaining positive customer relationship, big data provides best ways to collect and use feedbacks. Also, it provides predictive analytics to analyze and scan newspaper reports and social media feeds. For small enterprises, this analysis regarding latest trends and developments acts as a boon to keep them on the right track.
For enterprises dealing in financial transactions, it is necessary to keep a secure storehouse for all the credit and debit card information and other practices. Hence, big data analyzes internal threats as it allows enterprises to map the entire landscape of data across various horizons. Also, it provides valuable insights regarding market and consumer taste and preferences that ultimately results to be beneficial for enterprises across the globe.
MapR Launches Avant-garde Converge Partners Global Program
By Chris Tjotjos, VP, Cisco Solutions Practice, Black Box...
By Laura Jackson, Sr. Manager-Risk Management, ABS Consulting
By Jason Cradit, VP of Information Systems, Willbros Group
By Steve Garske, Ph.D., Senior Vice President & Chief...
By Roman Trakhtenberg, CEO, Luxoft
By Renee P Wynn, CIO, NASA
By Mike Morris, CIO, Legends
By Louis Carr, Jr., CIO, Clark County
By Andrew Macaulay, CTO, Topgolf Entertainment Group
By Dominic Casserley, President and Deputy CEO, Willis...
By Dave Nelson, SVP-Portfolio Lead, Avanade, Inc.
By Michael Cross, SVP & CIO, CommScope Holding Company Inc.
By Pauly Comtois, VP DevOps, Hearst Business Media
By Dan Adam, CIO, Extreme Networks
By Matt Schlabig, CIO, Worthington Industries
By David Tamayo, CIO, DCS Corporation
By Scott Cardenas, CIO, City and County of Denver
By Marc Kermisch, VP & CIO, Red Wing Shoe Co.
By Brian Drozdowicz, VP, Digital Services, Siemens...
By Les Ottolenghi, EVP and CIO, Caesars Entertainment