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Cloud-Based Analytics for Small Businesses

 Hello and Welcome back to my Blog!๐Ÿ˜€

 

Today let’s explore the area of Cloud-Based Analytics for Small Businesses.๐Ÿ–ง

 

You may be asking what is cloud based analytics ๐Ÿ’❓so, lets answer that question first.  Cloud Based Analytics are a type of data analysis that takes place in a cloud. It is the process of storing and analysing data in the cloud rather than on systems that are on site.๐Ÿ’ป

Several businesses are moving to cloud based analytics to store their data.

Cloud Based Analytics offers Small Businesses a number of benefits➕. Let’s have a look at what these benefits are.๐Ÿ‘€

·       Saves Cost: ๐Ÿ’ธThis is probably one of the best benefits that cloud based analytics offers a small business. Companies only have to pay one company to store their data rather than pay for a number of servers. This also means there is less money involved in updating servers as there is not as many of them.

·       Provides Security for Data:๐Ÿ‘ฎ Cloud Based Analytics provides intense security measures such as firewalls and encryption which makes it harder for hackers to access the businesses data. This is attractive for small businesses as it means they can trust where they are storing their information and can be confident that it won’t be leaked.

·       Data Backup and Recovery: ๐Ÿ“ŠIf small businesses lose their information, it can be a disaster. Cloud Based Analytics have system backups which happen on their own during many different times throughout the day. This ensures that no data will be lost. It also provides for the recovery of the latest data uploaded in case it gets lost or deleted.


Some examples of Cloud Based Analytic platforms include Microsoft Power BI, Salesforce Tableau, Domo and Zoho Analytics.


Cloud Based Analytics allow small businesses to improve their operational efficiency and their decision making. It also allows them to be more competitive with the bigger businesses in their industry.๐Ÿ˜

 

Thanks for Reading!๐Ÿ˜†

 

Bye!๐Ÿ‘‹

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