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in F r e i s t i l 19.01.2019 02:51
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Business > Business TechnologyBig data and Business analytics Market Rugged Expansion Foreseen by 2025
Posted by swapna in Business on September 21st ECCO Mens Soft 7 Slip On Black UK , 2017


As the world is becoming more digital and connected, big data and business analytics are creating new opportunities for data collection, storage and intelligence processing and analysis. With the huge amount of data generation, data storage and data capture, big data and business analytics has emerged as an important technology to study and solve data related problems for companies that have huge amount of data stored and used within their organization.


Big data and business analytics technology is reshaping market by enabling digital transformation across industries such as banking, process manufacturing, professional services and federalcentral government and business processes by providing them solutions of big data and business analytics to reduce the data related problems. Due to the tremendous increase in organizational data the adoption of big data and business analytics has been increased in the organizations to better understand their customer and drive efficiencies.


A sample of this report is available upon request @ data and Business analytics market: Drivers and Challenges


Drivers


The increasing interest and investment in artificial intelligence, in turn, is leading to the emergence of new tools for collecting and analyzing data and new enterprise roles and responsibilities which includes big data and business analytics solutions.


Moreover, the growth of mobile devices and apps has directly resulted in a massive increase in the amount of data generated. The usage of big data and business analytics solutions is critical for businesses to develop new competitive strategies and to provide services.


Challenges


Most organizations’ data is growing at a rate of 40 to 60 percent per year. Simply storing the data is becoming a real challenge. Companies are looking at options like data lakes, big data and business analytics solution which will allow them to collect and store massive quantities of unstructured data in its native format. The problem is, data lakes have to be constructed wisely or they quickly become a useless wasteland where data goes to never be retrieved again. Also, it’s difficult for many organizations to justify this amount of time and effort relative to the value it delivers. To put this into business speak, big data and business analytics solutions doesn’t always deliver a powerful ROI


Big data and Business analytics market: Segmentation


Segmentation of Big data market on the basis of Technology:


The big data and business analytics solutions market can be segmented on the basis of technologies being used in these solutions

Machine learningData miningArtificial IntelligenceNatural language processingOthers

Segmentation of Big data market on the basis of deployment:


The big data and business analytics solutions market includes the mode of deployment of these solutions

On-premiseOn-demand

Segmentation of Big data market on the basis of vertical:


The big data and business analytics solutions market has been segmented on the basis of industries using these big data and business analytics solutions

Banking, Financial Services, and Insurance (BFSI)Government and DefenseHealthcare and life sciencesManufacturingRetail and consumer goodsOthers

Competition Landscape


Key Contracts


In July 2015 Microsoft Corporation la

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