Cloud-Based Analytics for Small Businesses

 


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What is cloud analytics?

If data is part of your business then you need to know about cloud analytics!! This is data tracking, collection and analysis that takes place on could hosted systems. To briefly explain a cloud in computing terms (not the grey ones that we see in the sky here in Ireland) it is the on-demand access of computing resources, servers, data storage, application development tools, software, analytic tools and more!! all done over the internet with a fee applied for its usage.  

If your business is small then why fill up your already limited space with on-premises systems, head for the cloud. Its safe to say cloud analytics has a long list of uses and advantages. Check out a well known provider right here 👈

Or check out this video here 👇👇


The tools of analytics

  • Website Analytics - helps you understand website traffic, bounce rate and conversion rate
  • Performance Analytics - gain insights into how your business is performing
  • Sales Analytics - identify, optimize and forecast sales
  • Financial Analytics - insights into financial performance

Why should my business start using it?

  • Easy Scalability -  Old systems are being pushed to their limit, their threshold for large amounts of data is not what is required in todays hugely data-driven world. Newer analytics platforms are the way forward, more space and more power!
  • Security - One big advantage of cloud data security is that providers invest heavily in the latest AI technologies and built-in security analytics that scans for suspicious activity automatically and helps identify security incidents quickly.
  • Data Management - Cloud analytics centralises data storage and analysis. Teams that are spread across various locations and departments have access to the same analytics tools and data sets in real-time, providing consistency and eliminating many issues.

Cloud Data Analytics companies

    What do I think?                                                     

Cloud analytics creates new opportunities for small businesses. Emerging trends that would take humans much longer to discover, can easily be spotted by AI. Patterns can be identified in complex data sets ,sparking new ideas and discussions that may open the door to more opportunities. 





Comments

  1. Mary25 October 2024 at 10:22

    This is really informative!

    ReplyDelete
  2. Anonymous9 November 2024 at 00:30

    SAP all the way

    ReplyDelete
  3. Mo Filali25 November 2024 at 15:58

    While it been such a handy tool, many many people/ businesses are still against any form of the cloud. Did you come across someone like that and why do you think is that?

    ReplyDelete
    Replies
    1. Evin Power7 December 2024 at 02:54

      I think the issue with clouds is that people feel someone else has their information and not their own system :(

      Delete

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