The Ones To Watch Worldwide spending for big data and business analytics hardware, software and services is expected to grow from $150.8 billion in 2017 to $210 billion in 2020 – a compound annual growth rate of 11.9 percent – according to market researcher IDC.
But that market isn’t just growing, it’s rapidly changing. Yesterday’s tools for developing static reports based on historical data, for example, look downright primitive next to the latest generation of software for analyzing streaming data in real time. Because the needs of data scientists and business analysts are constantly changing, so are the capabilities of the software they use to do their jobs.
Author: Rick Whiting