TechNavio today launched its report, Global Hadoop-as-a-service Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”It has been observed that, similar to large enterprises, small and medium-sized enterprises (SMEs) are also collecting huge amounts of data in their databases in the form of social media data, customer data, enterprise applications, and financial data. It has also been witnessed that a large number of SMEs are looking for cost-effective solutions for managing their big data. Another major reason for the demand for hadoop-as-a-service (HDaaS) solutions by SMEs is the increasing competition in the business environment. Enterprises are facing the challenge of ever-increasing competition. To counteract this challenge, they need to manage and analyze big data solutions and derive actionable insight to come up with a customer-driven marketing strategy. Since HDaaS solutions are one of the best measures that enable companies to perform analytics activities with low capital investment, SMEs across the globe are increasingly starting to adopt HDaaS solutions.”
According to the report, one of the major drivers is the demand for cost-effective big data management. Cost-effective cloud computing technology and the ability of Hadoop software to effectively manage and analyze large amounts of data enable enterprises to manage their big data of any size in a cost-effective manner.
Further, the report reveals that the lack of awareness of HDaaS solutions is one of the major challenges confronting this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-hadoop-service-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Enterprise Computing market research, please visit https://www.technavio.com/enterprise-computing
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TechNavio Announces the Publication of its Research Report – Global Hadoop-as-a-service Market 2012-2016
