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Datacenter Deployment Spending Market - Big Data and IoT a Boon for the Market

06-05-2018 12:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Emergence of the Internet of Things (IoT), increased spending on cloud data center, need for colocation and managed service data centers, and growing usage of big data analytics are some of the key factors driving the global datacenter deployment spending market.

The report observes that several cloud service providers are constructing cloud data centers in order to offer cloud-based services to end-users of all kind. Small and medium enterprises are inclining towards cloud data centers as it offers striking benefits such as reliability, scalability, and overall reduction in cost of repeated processes.

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Though it is difficult to gauge exactly how much is spent by companies on datacenters as they simply lump them in with other capital expenditures, cloud service providers confess that datacenter spend accounts for the biggest portion of their capital expenditure. In the recent times, major cloud providers have started shifting from third party datacenter facilities to leased processes.

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For example, Microsoft and IBM have collaborated with 21Vianet, a Chinese datacenter provider, to cater to Asia Pacific market. A number of businesses are now using consumer based applications that are generating large amounts of structured and unstructured data.

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Big data comes in very hand for this high volume of data in order to help the organizations of understand their business and make decisions based on them. Big data facilitates faster analysis and increases the efficiency of computing resources.

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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories

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