Small Business and Big Data with Thinklayer

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Small Business and Big Data with Thinklayer
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• Big data is powering business decisions across
  corporate boardrooms throughout the world. Every
  new product, feature or business these days is
  built on a foundation of big data-driven
  actionable insights.
• Earlier, the use of Big Data was limited to
  Fortune 500 giants but now, with the rise of
  affordable big data analytics tools and the rise
  of cost-effective data sources, Big Data is
  accessible to Small and Medium sized Enterprises
  (SMEs).

End to End Business Solutions Companies
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• But the rate at which SMEs are adopting Big Data
  is critically low. To survive the competition, to
  make more informed decisions and to grow, SMEs
  need to harness the possibilities presented by
  Big Data.
• SMEs can use existing and future Big Data
  capabilities to zero-in on current trends that
  are shaping their markets for more informed
  decisions, analyze their data against their
  competitors to get an edge over the competition
  and identity future market trends and prepare
  their strategies accordingly. This and so much
  more is now possible with Big Data.
• Big Data can provide the same opportunities and
  avenues of growth and expansion to SMEs, like it
  does to big corporates. In fact, SMEs have an
  advantage that big corporations dont have. SMEs
  operate on the more flexible frame than most of
  the Fortune 500. This means they are in a better
  position than big corporates to implement
  business decisions gained from the actionable
  insights made available by Big Data.
• So lets go over some of the ways in which SMEs
  can benefit from Big Data
• 1. Know Customers Better  Big Data allows SMEs
  to know their customers and their audience
  better. Using Big Data, SMEs can analyze why
  customers buy, how they buy, when they buy and
  what do they prefer. But this is not all. SMEs
  can get in-depth analytics data on their
  customers purchase history and preferences, and
  plan their product strategies accordingly.
  Analyzing social media data could also give SMEs
  insight into how their customers are connected
  with their brand. The possibilities are endless.

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Data Visualization Services Provider
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• 2. Zero-in On Trends  Using Big Data analytics,
  SMEs can study their own data with the market
  data and the data on their competition, and
  identify patterns and trends. This will give them
  a greater insight into the market landscape and
  identity and implement future growth strategies.

Business Intelligence Solutions
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• 3. Tweak Operations  Big Data allows SMEs to
  study their own company in depth, against current
  and historical performance. This will allow them
  to zero in on loops and gaps that are having an
  adverse effect on business growth and tweak their
  operations accordingly. This will go a long way
  in improving the operational performance of the
  company and setting it on the path of growth.
• 4. Study Competition  Sometimes, the greatest
  business insights come from studying the
  competition, to find out what they are doing and
  how to perfect it for ones own success. With the
  easy availability of data, SMEs can study their
  competition in depth and identify threats or
  strategies that might give them an over the
  competition.
• Thinklayer offers state-of-the-art Big Data
  Analytics Services to Fortune 500s and SMEs,
  helping them to reach insights that drive
  business growth. Know more here.
• Contact Us-
• Email - hi_at_thinklayer.com
• Call Us - 1 4156599 036, 91 9784266896
• Web - https//thinklayer.com/