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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Big data offers many benefits for companies in any economy.

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ADP’s cloud transformation pays dividends

CIO Business Intelligence

ADP remains the 500-pound gorilla in payroll and, with its rich data, can literally tell you what’s really moving the economy,” said Pete A. Aside from its use of Azure and Cisco Cloud, for example, ADP has leveraged AWS, GCP, and Snowflake for analytics, as well as myriad AI platforms.

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What is IT operations analytics?

IBM Big Data Hub

And yet, CIOs say their executives believe 59% of digital initiatives take too long to complete and 52% take too long to realize value, according to a 2023 Gartner survey. ITOA turns operational data into real-time insights. It aims to understand what’s happening within a system by studying external data.

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