Automating Business Processes
Posted: Thu Feb 13, 2025 5:54 am
Cloud data and analytics services can help SMBs free up their time by automating time-consuming and tedious efforts. Many providers offer automated cloud solutions, such as fraud protection, document processing, and predictive maintenance that help businesses avoid the costly, inefficient processes around extracting or managing data. For example, automating document processing through AI/ML tools speeds up business processes and can improve decision quality and reduce costs. For SMBs, day-to-day new zealand whatsapp number data business processes involve managing a massive number of documents with information and data that is critical to making decisions. Yet, these businesses process most documents manually, an approach that’s time-consuming, expensive, difficult to scale, and error-prone. But, intelligent document processing automatically extracts information from documents – of various types and formats – quickly and with high accuracy, without the need for machine learning expertise.
Creating New Revenue Streams
With SMBs generating more data than ever before, there are new opportunities to leverage that data in exciting ways for others that might find value in it. As data-driven decision-making becomes more important, businesses of all sizes are leveraging external data to help boost and enhance their business. Many SMBs may just be sitting on the data that another business could benefit from immensely and has not previously accessed. With the right cloud tools, SMBs can monetize data, packaging and selling the data being generated to their own customers as well as entirely new customers. Essentially, this enables SMBs to generate entirely new revenue opportunities with the data on which they may already have collected.
Creating New Revenue Streams
With SMBs generating more data than ever before, there are new opportunities to leverage that data in exciting ways for others that might find value in it. As data-driven decision-making becomes more important, businesses of all sizes are leveraging external data to help boost and enhance their business. Many SMBs may just be sitting on the data that another business could benefit from immensely and has not previously accessed. With the right cloud tools, SMBs can monetize data, packaging and selling the data being generated to their own customers as well as entirely new customers. Essentially, this enables SMBs to generate entirely new revenue opportunities with the data on which they may already have collected.