UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Volume 11 | Issue 5 | May 2024

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Volume 11 Issue 5
May-2024
eISSN: 2349-5162

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JETIRTHE2111


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539691

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g432-g487

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Title

A STUDY TO ANALYZE COST EFFECTIVE ADOPTION OF BUSINESS ANALYTICS IN MSMEs

Abstract

Adoption of business analytics has the potential to significantly benefit India's micro, small, and medium enterprises (MSMEs). This study investigates the difficulties and potential for cost-effective business analytics implementation in MSMEs. It takes a mixed-methods approach, integrating quantitative surveys with qualitative expert interviews. The study reveals a favorable relationship between business analytics adoption and technological competence, emphasizing the significance of infrastructure in enabling cost-effective implementation. Furthermore, the data show a favourable association between business analytics adoption and cost efficiency, with technological capabilities serving as a mediator. A culture of innovation inside MSMEs is also connected to the cost-effectiveness of analytics solutions. It outlined critical problems for MSMEs, such as limited personnel skills, financial restrictions, and a lack of a data-driven decision-making culture.

Key Words

Personal skills financial restrictions problem MSEM

Cite This Article

"A STUDY TO ANALYZE COST EFFECTIVE ADOPTION OF BUSINESS ANALYTICS IN MSMEs", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 5, page no.g432-g487, May-2024, Available :http://www.jetir.org/papers/JETIRTHE2111.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"A STUDY TO ANALYZE COST EFFECTIVE ADOPTION OF BUSINESS ANALYTICS IN MSMEs", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 5, page no. ppg432-g487, May-2024, Available at : http://www.jetir.org/papers/JETIRTHE2111.pdf

Publication Details

Published Paper ID: JETIRTHE2111
Registration ID: 539691
Published In: Volume 11 | Issue 5 | Year May-2024
DOI (Digital Object Identifier):
Page No: g432-g487
Country: Phagwar, Punjab, Punjab, India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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