In recent years, Big Data and smart computing have drawn much attention and interest in many disciplines including computer science, information technology and social sciences. Data are now woven into every sector and function in the global economy and, like other essential factors of production such as hard assets and human capital; much of modern economic activity simply could not take place without them. It’s a fact that the use of Big Data is becoming a crucial way for leading companies to outperform their peers. In most industries, established competitors and new entrants alike leverage data-driven strategies to innovate, compete and capture value. However, the increasing volume and detail of information captured by enterprises, the rise of multimedia, social media and the Internet of Things have fuelled an exponential growth in data for the foreseeable future.
According to a survey, Big Data Analytics Market is expected to reach about $13.9 billion by 2017. This growth can be attributed to the increasing awareness among enterprises about the potential benefits of harnessing big data to go beyond the constraints that hold them back from being more proactive. There is a lot going on that front which is of interest to businesses but while all of it offers potential return on investment, it is also increasing complexity. New types of data are being captured from internal and external data sources and there is an increasing requirement for faster data capture. Today, organizations are looking for newer ways to effectively store, process and analyze large sets of data in an economic manner to gain valuable insights in order to maintain market competitiveness. More complex types of analysis, new algorithms and tools are required to help businesses do this. It has become imperative for enterprises to look for solution providers with the capability to bring agility and scalability along with the analytics solutions.
The current edition of APAC CIOoutlook brings you the “50 Most Promising Big Data Solutions Providers.” The list highlights some the most unparalleled solution providers in the industry who are capable of steering their clients towards excellence by supporting them beyond advisory level as well as bringing in the optimal solutions for the Big Data. The proposed list envisages aiding organizations to choose the felicitous solution partner, who suits their manifested requirements and brings the help to thrive towards excellence.
