Data Prep Market

Data Prep Market Expands Worldwide With
Impressive Sales Trends by 2025
“Data mining applications uncover hidden pattern and relations residing in data clusters
giving rise to timely data critical to business applications and are any organization’s
asset with cognizance to end-user data in being the bedrock of data prep market.”
Data mining applicatons uncover hidd en pater n and r elatons resid ing in d ata cluster s giving r ise to tmely d ata cr
itcal
to business applicatons and ar e any or ganizaton’s asset with cognizance to end-user d ata in being the bedr ock of d ata
pr ep mar ket. The mar ket for ces inspir ing gr
owth of d ata pr ep market includ e tmely render ing of cr ucial d ata cr
itcal to
business applicatons, str ict adher ence to a regulator y framewor k and policy guid
elines, benefts of business going
mainstr eam, and pred ictve analysis that pred icts business outcome via d ata mining and add
itonal tools.
Segmentaton by plator m compr ises self-ser vice d ata pr ep and d ata integr aton. Segmentaton by tool includ es d ata
cur aton, d ata ingeston, d ata cataloguing, d ata gover nance and d ata quality. Segmentaton by d eployment compr
ises
hosted and on-pr emises. By industr y ver tcal, it compr ises BFSI, gover nment, healthcar e, manufactur ing, ener gy and
utlity, transpor taton, telecommunicaton and IT, and other s. By r egion it manifests itself into Nor th Amer ica, Eur
ope,
Asia Pacifc, M EA, and Latn America.
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market/ Self-ser vice d ata analytcs is gr owing at a fever ish pace by pr esentng unambiguous client-based d ata and
computatonal
tools to help faster d ecision-making and increased or ganizatonal efciency in order to r etain the compettve ed
ge. The
for ecast period will be a spectator to an enr iching self-ser vice d ata analytcs plator m by d ata pr ep mar ket. The d ata prep
mar ket by quality is expected to witness boom in the mar ket; thanks to tmely availability of user -specifc d ata with
impor tance atached to stor ing, retr ieval, and utlizaton of d ata; and with mar ket progr ess; As such, all the or
ganizatons
- hotels, restaur ants, ed ucatonal insttutons ar e getng benefte d.
Nor th Amer ica is expected to hold the lar gest mar ket shar e in the d ata pr ep mar ket owing to r ising pr
ominence given to
cloud computng, investments of lar ge natur e in cloud technologies, lever age to emer ging technologies, and lar
ge
pr esence of investor s in the r egion.
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Asia Pacifc is stll in its nascence but pr omises gr owth d ue to gr owing demand for d ata pr ep tools and pr esence of SM
E’s
in the r egion. Tar get aud ience in this feld includ es ser vice provider s and distributor s, d ata pr ep applicaton builder
s,
independ ent sofwar e vendor s (ISV’s), Analytcs consultng companies, enterpr ises, and end-users.
As suggested by the latest news ar tcle, B.I once had the comfor tng pr esence of statc dashboard
s but now is witnessing
d ynamic r eal-tme d ata analytcs with a gr owing list of contender s such as Tableau, DataWatch. Incorpor atng sofwar
e
for natur al Language Pr ocessing, user s inter act with d ata thr ough human language in provid ing contextual infor
maton.
The key industr y player s includ e Alter yx, Inc., Infor matca, Inter natonal Business Corpor aton, TIBCO Sofwar
e, Inc.,
Micr osof Corpor aton, SAS Insttute, Datawatch Corpor aton, Tableau Sofwar e, Qlik technologies inc., SAP SE, Talend
and Microstr ategy Incorporate d.
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