WEDC releases data tool for small and mid-size businesses

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The Wisconsin Economic Development Corp. is launching SizeUpWI, a new big data intelligence tool to help small and midsize businesses — a group that collectively represents almost 99% of Wisconsin’s economy — thrive and grow by making sound strategic business decisions.

In Business reported the data tool is available through a multiyear licensing agreement with a fintech provider. SizeUpWI is an online platform that delivers big data intelligence to provide insights on local competitors, consumers, advertising hotspots, and key suppliers.

Whether a business owner has an established enterprise or is just getting started, SizeUpWI can:

• Help find potential customers to get a clear picture of business opportunities;

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• Analyze comparative performance by identifying and locating industry competitors;

• Locate nearby key suppliers to optimize business operations;

• Pinpoint geographic hotspots to streamline marketing efforts and promote their businesses efficiently; and

• Map local areas that offer the best potential for business expansion.

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Those interested in learning more or using SizeUpWI can access the tool at wedc.org/SizeUpWI.

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