Software Firms Go Mainstream in the Hadoop Market

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Benefits of Hadoop market are no longer limited to tech enthusiasts and internet startups. Research analysts at Allied Market Research, monitoring the critical business imperatives such as growth rate, share and size and major trends indicated that Hadoop has become a vital part of the enterprise data business strategy as end -users are acquiring new insights into both users and their businesses. The sector is highly driven by rising demand, including the need to manage high data volume and scale existing information technology systems used in content management, warehousing as well as archiving. This is to get business intelligence value even out of a non -structured data.

Hadoop Market Hype Continues in 2016

True, Hadoop would continue serving it claim for transactional data and data lakes. It promises to ensure advanced analytics too would be seen influencing business operations across different business verticals. Major believers list will include Netflix, Wal-Mart and Verizon among others. As an outcome firms who are late to its benefits would be seen making this technology their priority. Apart from this, the platform is billed as a problem solver to many big data issues as well as has observed a rise in adoption numbers.

SQL Remains the Killer Application for Hadoop Market

Structured enterprise data heavily depends upon SQL, which acts as its lingua franca. Furthermore, it is mainly used by many application developers to both write as well as read data to databases. Besides this, all business intelligence and data analytics back SQL. This is the reason why Hadoop and SQL would always have robust application in an enterprise.

More n More Software Firms Seen Moving into Hadoop Market

It won’t be wrong to call Hadoop a general – purpose technology. This indicates that it has the capability to store as well as process different type or information. However, Hadoop -driven data management coupled with governance solutions definitely loop-holes. To fill-in these gaps more and more software firms such as SAS Institute, BM, Talend and Oracles among others are seen introducing data analytics. These enterprises are also aiming at launching governance systems and management tool, that can not only run natively in this platform but also work with different enterprise applications.

Eyeing the recent development in the industry, Allied Market Research has published a report titled “World Hadoop Market - Opportunities and Forecasts, 2014 - 2021.” The study weighs up on all critical imperative such as growth and adoption rate, share and size and major industry trends. Apart from this, stakeholders looking for relevant statistics on the sector by hardware, services, end-users and geography would find the research worth their time as well as investment.

Digvijay Deshmukh Research Analyst at Allied Market Research Digvijay Deshmukh is associated with Market Research industry for more than 5 years and possess strong expertise in market assessment, forecasting and consulting in ICT and Semiconductor industry. With his skilled proficiency in market research, Digvijay is actively involved in providing critical insights on business research to clients with his subject matter expertise. Various other sub-markets scrutinized include media and entertainment, HVAC, process control and automation, display technologies, telecom and IT, service industry, and power electronics among others. He is a part of multiple consulting assignments and is actively involved in commissioning, planning, execution, and delivery of projects to clients expectations. His forte lies in business consulting, building analytical models, and trend analysis and forecasting.

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