London, 14 April 2015 – Technavio has published a new report on the Global Big Data Professional Services Market, which is expected to exhibit tremendous growth and post a CAGR of 35.05 percent from 2015-2019.
The latest report by research firm Technavio draws attention towards big data as a key investment area for many companies. Organizations are undertaking big data projects in order to remain competitive in the market, and increased awareness of the potential benefits of big data has upped the demand for the technology globally.
“Companies know that they can benefit from big data, but the majority of them are facing problems related to implementation, which has resulted in a series of unsuccessful projects and wasted investments,” says Faisal Ghaus, Vice President of Technavio.
The new Technavio report also emphasizes the new trend of analytics as a service, which is gaining considerable traction in the market. IT companies have to provide infrastructure to perform data analytics, which is a resource-intensive proposition.
“Service providers in the analytics space offer high levels of domain level expertise and allow companies to get personalized access to centrally managed data sets,” says Ghaus.
Technavio currently has more than 3000 market research reports on a huge range of topics, including:
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