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EXEIdeas – Let's Your Mind Rock » Infographs / Internet / Internet Information » Small Data Is Big, A Current Trend – INFOGRAPHICS

Small Data Is Big, A Current Trend – INFOGRAPHICS

Small-Data-is-Big-Infographics
More and more large businesses are in the market for Big Data services nowadays so that they can streamline their operations and stay competitive in the local, national, and global settings. Large companies may be under the spotlight due to Big Data, but small companies shouldn’t shy away from such services since they are also beneficial for them.

Small businesses far outnumber big companies, and the data they handle may pale when compared to that of larger businesses, but they are still vital for their everyday operations. Both large and small companies thrive on data to manage their day-to-day activities and plan for their long-term growth and success.

A company that relies on its employees to handle their data will usually encounter problems such as missing values, spelling errors, inaccurate rata, incorrect formatting, inconsistencies, among others. Big companies can’t afford to experience such setbacks due to the amount of data they’re handling every day, and the same goes for small companies since their data is vital for their operations.

Small Data focuses more on the company’s data about its clients, suppliers, inventory, and workers. While not as “rich” as big data, small data is extremely crucial, and errors around it could severely hamper a business from thriving and potentially cripple it financially.
As large companies automate their data management processes, small businesses can emulate them through Microsoft Access. By automating various tasks such as data entry through Microsoft Office’s Visual Basic for Applications, small companies won’t have to worry about having problems with their data commonly found when importing files from outside sources and manually keying them in.

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An automated system is more fault-tolerant than manual ones and reduces the chances of experiencing errors commonly found in the copy/paste and data entry processes.
Small Data might pale in comparison to Big Data, but they’re in no way less important than Big Data, and automating data management processes to cleanly and regularly update their data will allow a company to focus its attention on improving their services instead of re-entering data. See this infographic by Landau Consulting for more information about this topic.

Small-Data-is-Big
This Infograph is shared here after legal permission from Landau Consulting

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