
The Competitive Advantage Of Data And Analytics For SMBs
Untapped Data And Analytics Opportunities For Small And Medium Businesses Offer Growth, Resilience, And A Competitive Edge
Organizations that are insights-driven possess a distinct advantage when it comes to making strategic decisions that directly impact their business outcomes. Research conducted by Forrester shows that organizations with a higher level of maturity in being insights-driven are more likely to reap substantial benefits in terms of both their topand bottom-line results. For instance, advanced insights-driven businesses are 2.8 times more likely to achieve double-digit growth year-over-year when compared to beginner firms. Similarly, these organizations are 1.5 times more adept at mitigating compliance risks than their less insights-driven counterparts.
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