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Frost & Sullivan: Convergence of Technologies Intensifies Need for Big Data Analytics to Manage the Data Explosion

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Frost & Sullivan: Convergence ofFrost & Sullivan: Convergence of Technologies Intensifies Need for Big Data Analytics to Manage the Data Explosion PR Newswire LONDON, Feb. 25, 2014 -- Analytics providers must introduce more secure, cost-effective solutions that are easy to use The exponential growth of structured and unstructured data from various sources is expanding the global market for big data analytic solutions. The capability of big data technologies and platforms to scale down huge blocks of data and deliver real-time insights that enable fast and efficient decision- making is a key factor fueling demand. New analysis from Frost & Sullivan, Innovations in Big Data Analytics, finds big data analytics will gain widespread acceptance as enterprises use the unified view of enterprise information it offers to successfully synchronize financial and operational details. Big data analytics developers will find lucrative opportunities in logistics management, retail customer behavior tracking, collaborative supply chain management, connected car applications, smart energy management, and fraud detection in banking and insurance. For more information on this analysis, please email Chiara Carella, Corporate Communications, at chiara.carella@frost.com.

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Published 25 February 2014
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Language English
Frost & Sullivan: Convergence of Technologies Intensifies Need for Big Data Analytics to Manage the Data Explosion

PR Newswire

-- Analytics providers must introduce more secure, cost-effective solutions that are easy to use

The exponential growth of structured and unstructured data from various sources is expanding the global market for big data analytic solutions. The capability of big data technologies and platforms to scale down huge blocks of data and deliver real-time insights that enable fast and efficient decision-making is a key factor fueling demand.