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Data-Driven Alliances

Meaning ● Data-Driven Alliances represent strategic partnerships formed by Small and Medium-sized Businesses (SMBs) grounded in the shared analysis and utilization of data to achieve mutual growth objectives. Within the scope of SMB advancement, these alliances are carefully built upon aligned data sets, insights, and analytical capabilities. For instance, an SMB retailer might collaborate with a data analytics firm to gain a stronger understanding of customer purchasing patterns.