Seizing opportunities in Europe: a roadmap for efficient big data implementation in Spanish SMEs
Digital Policy, Regulation and Governance
ISSN: 2398-5038
Article publication date: 5 October 2022
Issue publication date: 9 November 2022
Abstract
Purpose
This paper aims to help small- and medium-sized enterprises (SMEs) to seize the potential of Big Data in their marketing strategies to leverage a competitive advantage in the rising digital marketplace and lead the post-pandemic economic recovery. However, Spanish SMEs have had serious difficulties in working with Big Data.
Design/methodology/approach
In this study, a roadmap is designed to pave the way for a successful Big Data implementation.
Findings
SMEs with updated information on how to access the historic funding opportunities might profit to this opportunity. It not only generates financing opportunities for SMEs but also grants continuity to their strategies by offering the most profitable techniques by which they can efficiently analyse data and gain consumer insights, thus overcoming the many problems they face when working with Big Data as well as helping them to monetise their marketing strategies.
Originality/value
The main advantage of this research is its innovative approach to business strategy as it provides. The value added by this paper lies in its holistic and updated approach to supporting SMEs’ Big Data strategies.
Keywords
Acknowledgements
Institute for Advanced Research in Business and Economics (INARBE).
Citation
Sanchez-Hughet, C., Aramendia-Muneta, M.E. and Erro-Garcés, A. (2022), "Seizing opportunities in Europe: a roadmap for efficient big data implementation in Spanish SMEs", Digital Policy, Regulation and Governance, Vol. 24 No. 5, pp. 463-478. https://doi.org/10.1108/DPRG-02-2022-0019
Publisher
:Emerald Publishing Limited
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