Potentials and Barriers of Using Big Data in Austrian SMEs

Abstract

This study explores the potentials and barriers of implementing Big Data in Austrian Small and Medium-sized Enterprises (SMEs). Based on expert interviews and qualitative content analysis, it reveals key opportunities such as improved efficiency, data-driven decision-making, and regulatory compliance. However, challenges remain in technological integration, financial resources, legal issues, and organizational change. The study offers practical recommendations and highlights the need for further research, contributing to a better understanding of Big Data as a strategic tool for strengthening SME competitiveness.