Data analytics is no longer carried out by data scientists alone. Every employee—from salespeople in the field to your HR manager—needs to understand and participate in data-driven decision-making.
Collaborative analytics is the key to shared data insights. This includes the components within the data analytics process that help analysts and other team members work together to achieve shared goals. These elements include:
- Data sharing
- Collective analysis
- Joint decision-making
Despite potential benefits, such as increased revenue and speedier decision-making, 41 percent of organizations lack the collaboration needed between analytics and business teams.
What is stopping businesses such as yours from collaborating on data? One issue is that the different teams within your organization don’t even know what resources other teams have and may be unaware of shared goals.
Distributed denial of service, or DDoS attacks can bring down your website and leave you inaccessible to the rest of the internet for hours or days on end.
Picking up the pieces after a DDoS attack is a long and costly process. The average financial cost of a DDoS attack for a small or midsize business is about $123,000, and that number is on the rise.
Small businesses with poorly designed websites that lack updated content, take too long to download, or are not device agnostic stand to lose clients. Your outdated website will drive away potential customers before you can even say “Hi.” (more…)
Are you paying for software licenses that you aren’t using?
The software licensing landscape is growing and 55 percent of small businesses are not prepared for it. These businesses are losing thousands of dollars a year in unused licenses or are opening themselves up to costly compliance audits. (more…)
“Through 2020, the majority of organizations will continue to misuse average IT security spending figures as a proxy for assessing security posture” –IT research and advisory firm, Gartner (full report available to clients)
In other words, businesses are mistakenly relying on IT security spending as their sole strategy to protect themselves against cyberthreats. This false sense of security means businesses are neglecting continual assessments and system updates.
Data breaches at large firms with deep pockets, such as Delta Air and Sears, are proof that IT security spending alone does not safeguard your business—you must also invest the time and effort needed to assess your organization’s security health.