TechNavio today launched its report, Global Big Data-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 present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said: ”With the technological advancements in the field of healthcare, the required space for patient data storage is increasing exponentially. The ever-increasing thirst of medical professionals to increase human life expectancy has increased the number of records of clinical trials maintained by hospitals. Healthcare providers have increased the medical records and samples of patients. Many healthcare organizations have realized recently that they are running out of space to store their assets. Therefore, the Healthcare sector is witnessing the emergence of healthcare data-as-a-service. Cloud computing enables healthcare providers as well as patients to access medical information at any time and from any location. However, many such organizations are still analyzing the feasibility and relevance of such cloud computing solutions in their IT operations.”
According to the report, one of the major drivers is the demand for cost-effective big data solutions. In the presence of large amounts of data, enterprises need big data-as-a-service (BDaaS) solutions to automatically track the performance and behavior of information in their IT systems. In addition, they require data analytics to develop innovative business strategies and improve overall operational efficiency.
Further, the report reveals that data security and data privacy issues are 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-big-data-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
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Global Big Data-as-a-service Market 2012-2016
