At the core of this era of the fourth industrial revolution lies Data. Data is the power that drives internet, automation, and artificial intelligence- the pillars of revolution 4.0. When Big Data is combined with the latest technologies such as IoT, predictive analytics, and machine learning, it becomes a powerful tool for businesses. There is also a rising demand to tap into the potential of “Dark Data,” the data that companies collect and stores as part of their regular business activity but are not used currently. Businesses now understand the importance of the Data, especially the data regarding their customers. Data-driven decision making will be one of the critical challenges the modern boardroom will face. The demand for CDO’s (Chief Data Officer) in the recruitment market is at a peak. Big Data software market is around $31B now. However, there are many challenges in implementing a successful strategy to manage data. Often businesses may not have enough technological resources, or the solution providers they approach may not have a deep understanding of the nature of the business or their market to implement the correct solution.
To help businesses to make informed decisions about how to collect, manage, and analyze data, EV presents a list of ‘EV 20 Innovative Big Data Solution providers’. Amongst several companies, a panel of experts comprising CEOs, Investors, CTOs, Industry experts, and EV editorial team have worked together to choose top Big Data providers. These companies provide robust and affordable solutions for platform management, marketing, billing, revenue management, and more. We expect that this list will help you understand numerous innovations, solutions, and services in the Big Data Space.