Analytics is More Affordable Than You Think

One simple tool can put the power of analytics in the hands of any business

The pioneers of big data have been big companies with millions or even billions of data points to track and interpret. These companies have big budgets and are able to dedicate ample resources to their in-house analytics activities. However, analytics can also be extremely useful to small businesses. With the right tool, any business can afford to use analytics to generate actionable insights and make data-driven improvements.

You Don’t Need New Hardware

For a truly massive analytics endeavor, it might be worth investing in your own hardware. For example you would need servers to run your algorithmic processes and store your raw and analyzed data. You might also need new computers, tablets, or smartphones for the employees who would be gathering data for your analytics and/or using the results of those analytics.

However, with a web-based analytics tool, there is no need for new hardware. Even if you are collecting large amounts of proprietary data, it can be stored safely and securely in the cloud. And the tool should run on whatever computers, tablets, or smartphones you already have, provided they are reasonably up to date.

You Don’t Need New Staff

Many analytics programs require extensive training and experience to be used effectively. Businesses who use such programs must hire staff with the appropriate skills, which of course introduces additional costs into analytics activities.

However, there are tools that make analytics simple and eliminate the need for deep technical knowledge. These intuitive tools can be used by existing staff members to capture data on key metrics and to transform that data into useful reports that will result in actionable insights.

You Just Need MyFieldAudits

MyFieldAudits is a perfect example of a simple tool that anyone can use to tap the power of analytics for their business. Designed for retail, restaurant, hospitality, and franchise businesses, MyFieldAudits includes features to facilitate site auditing, performance tracking, and communication between all involved parties from employees to executive officers.

MyFieldAudits is a secure, web-based tool that will run on your existing computer, tablet, or smartphone. Cloud computing power and cloud storage are included so you do not need to purchase any new hardware. And because many reporting functions are built right into the tool and can be easily displayed on the dashboard in real time or sent to your email on a daily basis, there is no need to hire new team members to design or run reports.

If you would like to learn more about using MyFieldAudits to grow your business, please contact us at info@MyFieldAudits.com and request a free demo.