Cloud-Based Analytics for Small Businesses

Are you a small business? Or do you have dreams to being an inspiring business owner? Let’s investigate what cloud-based analytics is and what this service could do for you to allow you to go from small business to multinational corporation. It starts with an idea that you develop but behind the scenes cloud-based analytics software to grown and scale your business.

Cloud based analytics could really benefit your business if you have:

• Small teams
• Limited revenue
• Unknown future demand

While traditional on-premises options are available, they have high costs and limiting features and adaptability for business. This can result in heavy losses with infrastructure and maintenance costs while cloud-based analytics can save physical space and with third party suppliers to remove costs and stress.

Data security can also be a major issue with traditional and if data gets lost has proven return of data to be very low, unlike with third party suppliers usually store the data on their servers.

What is cloud-based analytics?

Cloud based analytics is a flexible, subscription or pay-as-you-go, cost effective solution that allows businesses to monitor and manger their data through a variety of different models:

Deployment models:

• Public 
• Private 
• Hybrid 

Service Models:

• On-Premises- Business must cover and control every aspect of data analytics 
• IAAS (Infrastructure as a Service)- Basic computer infrastructure is supplier to business; this allows businesses to build and adapt to their needs of business.
• PAAS (Platform as a Service)- Third-party provider cover everything other than application and data. 
• SAAS (Software as a Service) - Fully covered software by third-party provider

Main Providers:	Businesses that implemented this software
AWS (Amazon Web Services)	Netflix
Microsoft Azure	Pinterest
GCP (Google Cloud Platform)	Instagram
IBM (International Business Machines)	ETSY
Ocp (Oracle Cloud Platform)	Canva

For an video explaination tap here. 

Till next week!!!! 😁