Big data analytics is the process of examining large set of data or varied set of data for uncovering useful information, which can help organizations make informed business decisions. In addition, it analyzes business data and information through continuous investigation and exploration of old business performance data to obtain conclusive insights for business planning. Furthermore, big data analytics helps businesses better understand the information contained within the data and provide data that is important for the organization. In addition, demand for cloud-based big data analytics is increasing among small- and medium-sized enterprises due to its low cost and enhanced usability.
Increase in adoption of big data and business analytics software by various organizations to deliver enhanced & faster decision-making and to provide competitive advantage by analyzing and acting upon information in a timely manner drive the growth of the market. In addition, surge in demand for cloud-based big data and business analytics software among the small & medium enterprises fuels the growth of the market. However, high implementation cost and lack of skilled workforce hamper the growth of the market. Furthermore, increase in need to gain better insights for business planning and emerging trends such as social media analytics are expected to provide lucrative opportunities for the growth of the global market.
Major Key Players of the Big Data and Business Analytics Market are:IBM, Oracle, Microsoft, SAP, Fair Isaac, SAS Institute, TIBCO Software, Teradata, Amazon Web Services, and Hewlett Packard Enterprise Development LP.
Read More @ http://www.sbwire.com/press-releases/big-data-and-business-analytics-market-advanced-technology-and-new-innovations-by-2026-ibm-oracle-microsoft-sap-1287868.htm
Increase in adoption of big data and business analytics software by various organizations to deliver enhanced & faster decision-making and to provide competitive advantage by analyzing and acting upon information in a timely manner drive the growth of the market. In addition, surge in demand for cloud-based big data and business analytics software among the small & medium enterprises fuels the growth of the market. However, high implementation cost and lack of skilled workforce hamper the growth of the market. Furthermore, increase in need to gain better insights for business planning and emerging trends such as social media analytics are expected to provide lucrative opportunities for the growth of the global market.
Major Key Players of the Big Data and Business Analytics Market are:IBM, Oracle, Microsoft, SAP, Fair Isaac, SAS Institute, TIBCO Software, Teradata, Amazon Web Services, and Hewlett Packard Enterprise Development LP.
Read More @ http://www.sbwire.com/press-releases/big-data-and-business-analytics-market-advanced-technology-and-new-innovations-by-2026-ibm-oracle-microsoft-sap-1287868.htm
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