Wednesday, 6 January 2021

Study on Big Data Options for Small and Medium Enterprises | Chapter 3 |Current Strategies in Economics and Management Vol. 8

 In the media, the terms Cloud Computing and Big Data are also used. Small and medium-sized companies know that in their data, the amount of information they manage could be very large and meaningful. Making and planning decisions. This paper examines the options for small and medium-sized companies to manage large volumes of, or "big" data. This analysis takes into account not only the amount of data, but the variety of data types, the speed at which data is generated and transmitted, as well as the value of data veracity. A possible alternative is cloud computing. Small and medium companies need to deal with big data in view of the above-noted needs. It is shown by all measures that the volume Data is on the rise and will continue to do so simply because of consumer engagement patterns. It leaves small and medium companies with the question of how to interact. A strong choice is the cloud. Several reports, however, say that SMEs are reluctant to reach the cloud. This is probably linked to control issues, particularly ownership. In addition, there is an access problem. Because of the disparity in the way the Internet is used by small and medium enterprises. Realistically, because many smaller businesses still rely on residential broadband and wireless networks for connectivity, the gap is not that shocking. As a recent IDC[1] report estimated, only one-third of small and medium-sized companies have currently invested in networking infrastructure.


Author (s) Details

Dr. Donna M. Schaeffer

Marymount University, USA.

Dr. Patrick C. Olson
National University, USA.

View Book :- https://bp.bookpi.org/index.php/bpi/catalog/book/345

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