SMEs

Posted by seerer on May 11th, 2021

Big data is increasingly being utilized by SMEs in conducting detailed market segmentation and obtain customer information among the masses. It has thus been used to provide real-time analysis and decisions based on sophisticated analysis. Such Big data is obtained in scenarios like the daily use of smartphones to sell emails, social media status posts and online purchases. Google also utilizes News information about locations that are disaster stricken for instance with floods or potential epidemic diseases and use the information to guide organizations in making decisions about where to sell or not sell their products. The million google searches obtained via internet enabled devices also help Google understand patterns among users and this information is later availed to organizations and used as a valuable tool in making business decisions

Modern information technologies such as Big data, cloud computing, Internet of Things as well as machine learning intertwine each other and can all be used jointly to explain Big data in SMEs computer science assignment help. Machine learning and data mining are for instance used in forecasting outcomes and if used together when Big data is available, make it possible for SMEs to gain more precise information as well as to make more confident decisions theology assignment help. Big data has thus been found to develop value in SMES through the way it creates transparency by providing real time functional and business analysis on demand singapore assignment help. Through this, it reduces cost significantly, improves quality and boosts sales. It has also enabled SMEs conduct experimental analysis, hence becoming a valuable tool in the decision-making process when launching various products and services in many fields.