Leveraging big data technology for small and medium-sized enterprises (SMEs)

Abstract

Wisdom aligns with technology is the key factor for sustainable business development. By increasing amount of public and private data, organizations need to find new solutions to manage data and information which lead to knowledge, better decision making, and value. In the big data-bang, smart organization surfing on-line technology and start planning big data strategy. However, many organizations do not yet have a big data strategy. A challenge facing SMEs is that they may not have the same capacity as large companies to analysis new data sets. Also, traditional data processing tools are not capable for SMEs decision making because of volume, velocity and variety if data. For address this problem we need new leveraging technology, tools and talent. SMEs which have risen to leveraging the value of big data are using advantage of cloud computing and open-source software to realize various goals. The main goal of this investment is about value as a new concept in a big data era. In this study, we focus on emerging trends and future requirement: technology and tools for SMEs.