Data Lake Market Sales Revenue, Grow Pricing and Industry Growth

-
Global Data Lake Market: Introduction
Data lake is a centralized repository that helps to store all the structured and unstructured data at any scale. It offers the storage of data without having to first structure the data, and run different types of analytics. The analytics used within the data lake includes Machine Learning, Predictive Analytics, data discovery, and profiling.
Data scientists, data developers, and business analysts (using curated data) are the major end-users of data lake.
data lake market
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Global Data Lake Market – Dynamics
Increasing Focus on Enhancing Customer Interactions within an Enterprise
The need for a platform which can store and manage the large volume of data with respect to customer information and behavior has increased due to the increase in competition across industries. A data lake can combine customer data from a CRM platform with social media analytics, a marketing platform that includes buying history, and incident tickets which can be used to improve the customer loyalty toward the company.
Improves Operational Efficiency
Internet of Things (IoT) introduces more ways to collect data related to processes such as manufacturing, with real-time data coming from internet connected devices. The need for operational efficiency with respect to cost and the data analytics has increased across the globe. A data lake makes it easy to store and run analytics on machine-generated IoT data to discover ways to reduce operational costs and increase quality.
Looking for exclusive expert insights from business experts? Request a custom report here

Comments

Post a Comment

Popular posts from this blog

Innovation and Advancements to Become Grounds for Competition between Terahertz Components and Systems Manufacturers

-
With the growing involvement of international players in the market for  terahertz components and systems , the degree of competition has increased significantly, finds TMR. The leading companies, namely, Advantest Corp, TeraView, Bruker Corp, NEC Corp, Menlo Systems GmbH, and Techcomp Group Ltd., are heavily investing in research and development activities to expand their product portfolios in order to sustain in this competitive environment.  Going forward, the companies are likely to compete on the basis of innovation and advancements. Product pricing will also play a key role in providing the manufacturers an edge over each other. Analysts at Transparency Market Research predict a high degree of competition as well as profitability in this market over the coming years. Get PDF Sample for this Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9119 Increasing Popularity of Terahertz Imaging Solutions Fuels Demand for...
Read more

Dairy Alternatives Market: Rising Adoption from Small and Medium-sized Enterprises to Fuel Growth

-
  The global   dairy alternatives market   size is expected to reach USD 50.87 Billion in 2028 and register a revenue CAGR of 10.5% over the forecast period, according to a latest report by Repoarts and Data. Shifting preference of consumers towards vegan and flexitarian foods, especially in developed countries such as the U.S. and the U.K., is resulting in high consumption of dairy alternatives such as almond milk, soy milk, and rice milk, which in turn, is expected to drive market revenue growth. Food manufacturers are opting for alternative sources of plant-based ingredients in order to meet growing demand from vegans for plant-based milk products. Vegans and vegetarians are actively opting for dairy alternatives due to advantages offered by consuming plant-based alternative beverages over natural dairy milk, which include prevention of lactose intolerance and cow’s milk allergy as these beverages do not contain high calorie, cholesterol, or lactose. Increasing demand ...
Read more

Virtual Private Server Market Expected to Reach US$ 4,453.7 Mn by 2026

-
Image
According to a new market report published by Transparency Market Research, the  global virtual private server market  was valued at US$ 1,104.2 Mnin 2016 and is projected to expand at a compound annual growth rate of 15.4% from 2018 to 2026, reaching US$ 4,453.7 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the virtual private server market in 2016. This is primarily due to strong technological advancement and substantial application of virtual private servers by several end-users such as BFSI and IT & telecom across the region. Request a Sample –  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51666 Growing security concerns among enterprises driving the global virtual private server market There is a considerable increase in the number of data breaches which needs to be avoided. VPS provides guaranteed dedicated resources such as RAM, CPU, ban...
Read more