Business Analytics is an established enterprise function poised for continued focus and investment in the coming years. Based on recent IDC research, the analytics and big data sales will increase by 50% from $122 Billion in 2015 to $180 Billion in 2019. In the same time period, Enterprises would increase their spending on data analytics initiatives from an average of $13.8 Million to over $20 Million. Data analytics and big data tools will become ubiquitous and more affordable due to mass adoptions and competitive pricing. Enterprises have amassed large structured and unstructured data, including multi-media assets (documents, audio, video). Data collection continues to be more diverse and voluminous. Data from web, social media, Point of Sale, IOT devices, data providers, internal transactions and from the 3rd party sources could be a gold mine for business decisions and drive improved outcomes. Big data technologies such as Hadoop, nosql databases and stre...
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