big-data

Big Data Tweaks For Small Businesses Success

Big Data Tweaks

The ever expanding internet data coupled with social and mobile infrastructure expansion has made big data tweaks and analytics a buzz term, especially looking at the fact that ninety percent of the world’s internet data is created in the last couple of years. However Big Data is the name of a problem, not a solution. The solution is the advanced algorithms running on large platforms crunching data and numbers to generate useful information.

big data tweaks

It could be termed as data recycling to obtain packets of information from a dense knowledge and data clouds. Naturally, most solutions involving big data are based on huge processing clusters to handle the load of processing bulk information making it prohibitive for small and medium level business which cannot cope with the barrier of entry investment. In the last few years, large enterprises have invested their resources to generate analytics and harvested tremendous gains in business by streamlining marketing and streamlining products to user needs. However cloud computing platforms have opened this market for small and medium sized business that can now leverage the available processing power of the cloud to dive into the immense analytics market. There are numerous lucrative opportunities in commercial transaction systems, website traffic monitoring and social media analytics besides others that are waiting to be explored.

Most experts have learned over time that taking scratch notes or relying on excel sheets alone will not make them competitive. They have to take advantage of systematic skills in data management with advanced technologies which can process large amounts of data and make sense from it. The pay as you go model in cloud platforms is ideal for small companies that can pay little, especially in terms of infrastructure and human resource overheads. The time savings and quick testing also makes sense for companies that wish to touch the base before diving full throttle. Hence the availability of cloud resources is opening new venues of business expansion for small companies that can quickly take up a specialized analytics opportunity to improve internal business or provide reporting to other enterprises. At the same time, small companies can take advantage from new cloud-computing based tools that are already leveraging new techniques to mine analytics and generate trend reports. These tools can capture behavior and impressions of prospective and previous customers to produce predictive models and forecast future actions. By spending small sums on these reports, some time just a few hundred dollars, a small company can get a grasp of user needs or information and technology flow. However, the overwhelming information can be a pitfall for small companies that may collect more than they need. Hence it is crucial to decide on the factors that value your business the most as well as concentrating on fewer but complete tools to achieve better accuracy and convergence.

By Salam UI Haq

CloudTweaks

Established in 2009, CloudTweaks is recognized as one of the leading authorities in cloud connected technology information, resources and thought leadership services.

Contact us for a list of our leading programs.

CONTRIBUTORS

Safeguarding Data Before Disaster Strikes

Safeguarding Data Before Disaster Strikes

Safeguarding Data  Online data backup is one of the best methods for businesses of all sizes to replicate their data ...
What’s Next In Cloud And Data Security For 2017?

What’s Next In Cloud And Data Security For 2017?

Cloud and Data Security It has been a tumultuous year in data privacy to say the least – we’ve had ...
When it Comes to the Communications Cloud, You Cannot Manage What You Cannot Measure 

When it Comes to the Communications Cloud, You Cannot Manage What You Cannot Measure 

The Communications Cloud As more and more real-time communications – whether voice, messaging, video or collaboration – move to distributed software ...
The Paradox of Colocation Solutions

The Paradox of Colocation Solutions

Colocation Solutions According to Aberdeen Group and Ventana Research, one out of four enterprises surveyed expect their data to grow ...
The Forecast for Industry 4.0: A Combination of Fog and Clouds Resulting in Limitless Opportunities for IIoT Innovation

The Forecast for Industry 4.0: A Combination of Fog and Clouds Resulting in Limitless Opportunities for IIoT Innovation

Limitless Opportunities for IIoT Innovation Manufacturing has transcended its material nature and emerged in a new form that is partially ...
Cloud-Based or On-Premise ERP Deployment? Find Out

Cloud-Based or On-Premise ERP Deployment? Find Out

ERP Deployment You know how ERP deployment can improve processes within your supply chain, and the things to keep in ...
Lavabit, Edward Snowden and the Legal Battle For Privacy

Lavabit, Edward Snowden and the Legal Battle For Privacy

The Legal Battle For Privacy In early June 2013, Edward Snowden made headlines around the world when he leaked information ...
David

The Coming Era of Simple, Fast, Incredibly Cheap Cloud Storage

Cheap Cloud Storage Is On Its Way Data storage, like other commodities such as bandwidth, electricity, or simple computer power, ...
The Economics, Concepts and Fundamentals of Cloud Computing

The Economics, Concepts and Fundamentals of Cloud Computing

Fundamentals of Cloud Computing Addressing security concerns of the Public Cloud Enthusiasm for cloud computing has as much to do ...
The Five Rules of Security and Compliance in the Public Cloud Era

The Five Rules of Security and Compliance in the Public Cloud Era

Security and Compliance  With technology at the heart of businesses today, IT systems and data are being targeted by criminals, ...