Amid Hadoop’s increasing adoption rate, services providers are seem hiring more experts.
Large number of businesses are seen building smart apps atop Hadoop. The market is also seen pushing beyond just analytics. Research analysts at Allied Market Research examining the growth rate, share and size and trends of the Hadoop market highlight the technology has already fulfilled its vow for data lakes, conventional and modern analytics and more. Some of the key believers of this technology consists of Netflix, Wal – Mart and more. There are clear indications that CIOs who have been late to adopt the technology would be seen making it a priority in 2016.
Companies Would Remain Interested in Leveraging Hadoop Market
The count of enterprises intending to leverage the technology for advanced application cases would continue to increase. Over half of the large enterprises view the technology as a means to innovate, applying information from internet of things and social media platform and using predictive analytics as well as visualization for deeper insight about their trade. The technology will soon be leveraged of the smart phone applications.
New Options Add Momentum to Hadoop Market
Big data would become faster in 2016. As the technology gains greater traction in business, there would be an increased need from customers for the same capability. End – users would expect same fast data abilities they expected from the conventional data warehouses. To serve such need, adoption of other technologies including Actian Vector, Cloudera Impala and more that empower the end – user’s old peer, OLAP cube, for technology would increase – further dim the line behind conventional business intelligence concepts and whole new world of Big Data.
Big Data, IoT & Cloud Come Together in Hadoop Market
The buzzword coverage that includes internet of things, Big Data and cloud are finally coming together. Technology maybe in its early years, but the information from smart devices in IoT would soon give birth to many killer applications. This would be beneficial for cloud. This is why, prominent market players such as Amazon Web Services, Google and Microsoft are planning on bringing the internet of things solutions to life to ensure data travels seamlessly to analytics engine based on cloud.
Therefore, with so many growing trends around analytics, information technology firms would be expected to build an environment that will allow data analysts to experiment. IT organization, would have to discover a way to analyze, prototype and integrate innovative technologies into trade.
Eyeing the major developments in the sector, Allied Market Research has published a report titled “World Hadoop Market - Opportunities and Forecasts, 2014 - 2021.” Study assess the critical business imperatives such as demands, supply, share and size and trends of the industry. Key market players covered in the report are Cloudera, Inc., Datameer, Inc., Cisco Systems, Inc. and Amazon Web Services among others.