Worldwide revenue for big data and analytics is expected to grow from $130.1 billion in 2016 to a staggering $203 billion by 2020 at a compound annual growth rate of 11.7%
A survey by Gartner found that 48% of the companies invested in big data in 2016, and nearly three-quarters of those surveyed had already invested, or were planning to invest in data analytics. Big data is helping companies in different sectors, from marketing to pharmaceutical companies to third sector organizations. By 2020, it is predicted that the amount of data that is worthy of being analyzed, will surprisingly double.
According to Forrester, companies will make an attempt to sell their data. Therefore, one thing is sure, almost all companies in the world, across numerous industries, offering a variety of products and services, are in the business of data. So how long is big data analytics going to be a game changer in the dynamically evolving market place? Let's find out.
Without analytics, data is of no use. Data at your disposal can be used to increase profitability if it is analyzed optimally. Acting on the insights derived from analyzed data can help you take your business to the next level. Let's explore the reasons why a company may require data analytics services.
With an exponential growth in big data analytics, this technology is finding new applications across various industry sectors. However, considering the latest trends in big data analytics, the following big data trends in 2018 can to be looked out for -
As big data analytics is gaining popularity with every passing day, it is essential for businesses to be aware of the big data analytics predictions and stay abreast with all the latest trends. The scene is constantly changing and businesses have to be on the toes to know what the future trends in big data analytics are.
Seeing and analyzing the applications of big data analytics, and the huge support that it provides to companies, it is clear that it is here to stay. It is efficient and predicts most of the data right and saves time and cost. Therefore, for every area touched by big data analytics the word "better" can be added in front of it, that is, better security, better training, better education, better business, etc. That is the potential of this technology. However, here are a few lessons for the leaders -
Flatworld Solutions is an outsourcing company offering a comprehensive range of data management services to global clients for over 18 years now. We offer custom data analytics and big data analytics services and also provide highly efficient data conversion and data processing services. At Flatworld Solutions, we have a pool of experienced specialists who are well-versed in applying the science of big data analytics to finding key answers to questions that you may have about your business. We have the necessary infrastructure, follow strict data security policies, and provide custom solutions within quick turnaround time at highly affordable rates.
So, if you are looking out for quick, reliable, and accurate information that helps you to achieve your true potential, then please feel free to get in touch with our professionals and discuss your needs.
Decide in 24 hours whether outsourcing will work for you.
Flatworld Solutions Pvt. Ltd.
No.6, Banaswadi Main Road, Dodda Banaswadi,
Bangalore - 560 043
#81, Survey No.11, Indraprastha, Gubbi Cross, Kothanur P.O., Hennur Bagalur Main Road,
Bangalore - 560 077
Corporate Court, #15, Infantry Road,
Bangalore - 560 001
Flatworld Mortgage Pvt. Ltd.
No.744, 15th Cross, 24th Main, J P Nagar 6th Phase, Bangalore - 560 078
Flatworld Solutions
116 Village Blvd, Suite 200, Princeton, NJ 08540
Flatworld Mortgage LLC
116 Village Blvd, Suite 220, Princeton, NJ 08540
135 Camino Dorado, Suite 7, Napa, CA 94588.
Aeon Towers, J.P. Laurel Avenue, Bajada, Davao 8000
KSS Building, Buhangin Road Cor Olive Street, Davao City 8000