High-Performance Data Analytics Market at a CAGR of +21.6% during the forecast p
Posted by Faraz on December 3rd, 2019
The global high-performance data analytics market is expected to grow at a considerable growth during the forecast period. The integration of advanced commercial data analytics and HPC (high-performance computing) is known as high-performance data analytics. The key aspects that are developing the high-performance data analytics industry include the increasing utility of data analytics in enterprises and enriching acceptance across varied industry users as these solutions offer the industry players with deep insights to take abrupt decisions to have a competitive edge over their competitors. The data is continuously generated at an unprecedented rate across the globe. Big data analytics’ ability to engage data, people, and processes are assisting to create a new era for several different industries.
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Major Key Players Cover in this report are: – IBM Corp., Microsoft Corp., SAS Institute, Inc., Atos SE, Oracle Corp., Cisco System, Inc., Hewlett-Packard Enterprise Co., and SAP SE.
High-performance data analytics is utilized to analyze, identify, and foster growth opportunities for manufacturers by enabling them to identify new geographic regions to target, expand into niche markets, tap into a customer base, foster customer intimacy, innovate, improve product appearance, increase value-add, and improve profit margins. Manufacturers can use data analytics to precisely forecast the engineering refinements, impact of design and speed product innovations. With the accurate data and tools for analysis, they can predict the new products’ sales impact, as well as its risks. The high-performance data analytics is utilized by doctors to make data-driven decisions within seconds to improve patient’s treatment procedures. This is particularly useful in the case of patients with complex medical histories and is suffering from multiple health conditions.
High-performance data analytics enables the healthcare providers to make predictive analysis regarding the cases that who are at risk of diabetes and thereby be advised to make use of additional screenings or weight management. Owing to ever-changing customer choice and habits, retailers require a fast feedback loop mechanism to be at the pace with the high-performance data analytics market.
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Therefore, retail companies use high-performance data analytics solutions to gather and analyze data from a range of structured and unstructured sources, with complete integration capabilities for current customer relationship management, all in real-time and enterprise resource planning (ERP) and billing solutions. Data analytics offers insights into customers’ sentiments and brand preference that plays a vital role in making retailers competitive.
High-Performance Data Analytics Market Segmentation
Global High-Performance Data Analytics Market by Deployment Mode
Global High-Performance Data Analytics Market by Vertical
High-Performance Data Analytics Market – Segment by Region
Rest of the World
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Source: Global High-performance data analytics Market
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About the AuthorFaraz
Joined: November 26th, 2019
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