Remove Analytics Technologies Remove Cost-Benefit Remove Data Strategy Remove Predictive Analytics
article thumbnail

Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

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. However, there are even more important benefits of using big data during a bad economy. Some of these benefits include the following.

article thumbnail

How to Choose the Best Analytics Platform, and Empower Business-Driven Analytics

Grooper

C-level executives and professionals alike must learn to speak a new language - data. The benefit of speaking data, a.k.a. Information as a Second Language (ISL), lies entirely in the value of achieving business outcomes through analytics and business intelligence (BI). Increasing data literacy is the answer.