Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Big Data Analytics Market: Still Up For Grabs

by admin
May 9, 2014
in News
Home News
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

A survey by QuinStreet released earlier this week shows a majority of enterprises are actively planning to add big data analytics within the next two years. Interestingly, the study shows that there are no stand-alone market leaders as of yet, and as such the sector is clearly a wide-open opportunity for new and established IT vendors alike. Research also found that there is now a trend in prioritizing the use of big data analytics among  U.S. businesses.

Highlights of the study include:

— 43 percent of respondents say that at this time they have no lead vendor helping them with big data analytics installations or plans for installations;

— 77 percent of respondents consider big data analytics a priority;

— 72 percent cite enhancing the speed and accuracy of business decisions as a top benefit of big data analytics; and

— 71 percent of midsized and larger companies have plans for, or are currently involved with, big data initiatives.

According to McKinsey Research, big data encompasses “data sets whose size is beyond the ability of typical database software tools to capture, store, manage, and analyze.”  The top three big data analytics applications being considered for purchase are analytics databases, business intelligence tools and relational databases. Data sets of most interest to enterprises include traditional structured databases of inventories, orders and customer information; unstructured data from the Internet; social networking sites; and intelligent devices, such as smartphones and tablets.

Tags: Big DataBig Data TrendsNews

Related Posts

Instagram Hype comments will further enhance Stories engagement

Instagram Hype comments will further enhance Stories engagement

December 6, 2023
Spotify will lay off 1500 employees

Spotify will lay off 1500 employees

December 5, 2023
Westpac outage: Everything known so far

Westpac outage: Everything known so far

December 4, 2023
Rain AI shook hands with OpenAI

Rain AI shook hands with OpenAI

December 4, 2023
Twitch offers a Gold Pixel Heart badge for those who join Together for Good campaign

Twitch offers a Gold Pixel Heart badge for those who join Together for Good campaign

December 4, 2023
Here is why people tape their phones on ceilings all over the world

Here is why people tape their phones on ceilings all over the world

December 1, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

Google’s Gemini AI unveiled and here is what you need to know

How to build and execute an effective social media content strategy

PISA ranking 2023 is announced and the results are concerning

Microsoft continues to steal from ChatGPT: Upcoming Microsoft Copilot features

Instagram Hype comments will further enhance Stories engagement

Elevate your vacation rentals business with modern technology

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.