 Companies are implementing big data initiatives to increase efficiency in their operationsBy: IndustryARC The market is expected to reach $40.4bn by 2018, growing at a CAGR of 27% during 2013 – 2018. Supply chain systems which respond based on historic data and previous patterns can be ineffective and late in the current scenario. Systems which respond based on live data or current market happenings are more useful to companies to understand and make decisions in real time. Retail, energy and utilities, manufacturing and telecommunications are the top growing industry segments with each growing at more than 30%. While the retail industry is expected to reach $3.24bn in 2018 from $0.67bn in 2013, the energy segment is expected to grow from $0.55bn to $3.24bn from 2013 to 2018. During our survey, most companies revealed that they are implementing big data initiatives to increase efficiency in their operations. They also foundbig data to be a key tool in on the fly strategic decision-making. Key Industry players profiled in the report are Cloudera, Karmasphere, Pentaho Corporation, Zettaset, Datastax, Talend, Amazon, Data Direct Networks, MapR Technologies, DELL and DataSift, IBM, HP, Teradata, Oracle, SAP, EMC, Microsoft, Google, VMware, Splunk, Hortonworks and MongoDB. To know more : http://industryarc.com/ Related Custom Research services: We have done extensive research on Big Data in other industries and business applications. Please contact us below to find out how we can help you: Contact: Mr. Sanjay Matthews Manager, Client Relationships 14 Middleport Road, Hamilton, 13346 NY, USA. Email: sanjay.matthews@ Phone no: 1- 585-331-8686 Visit http://www.industryarc.com Linkedin: http://www.linkedin.com/ End
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