Data Science Platform Market Emerging Growth and Top Key Players to Watch-Domino Data Lab, Cloudera, IIBM, Wolfram, and ANGOSS SOFTWARE in 2016-2024

Up until recently, oil was considered the most valuable resource on earth for it powers the cars on our roads and airplanes in the sky and is an important source of generating electricity needed to operate industries and light up our homes. Not anymore. The most valuable resource these days is data. With the proliferation of smart mobile gadgets, popularity of Internet of Things (IoT), and cloud, organizations these days are staring at gazillions of data. Just like oil, the data is of no use as such, but hold out immense potential if tapped into properly. To do so, data science platforms come in handy.

A data science platform comprises of all the tools needed for carrying out the lifecycle of the data science project spanning various phases such data ideation, integration and exploration, model development, and model deployment. It enables data scientists to improve their analysis by running, tracking, reproducing, sharing, and deploying analytical models faster. Typically, such tasks need massive engineering for building and operating analytical models. This is where a data science platform can help by offering additional powerful tools to improve analysis, which in turn, allows framing of better strategies.

Free Sample Copy of this report @ https://www.marketresearchreports.biz/sample/toc/7249

Global Data Science Platform Market: Trends and Opportunities

The market for data science platform is expected to see booming growth over the course of next few years on account of surging application of data analytics and big data for different business decisions and operations. Enterprises across the world are increasingly opting for methods for simpler use of data through big data technologies to promote their business and this is catalyzing demand for data science platforms.

The data science platforms help derive insights from raw data, reproduce data tables for descriptive statistics, and create segments depending upon date, module, and event type for root cause analysis through data visualization. The algorithm leveraged in a data science platform can also offer functionality for predictive modeling and a mechanism, which can bring in the predictive models into operations.

Depending upon the type, the global market for data science platform can be split into close platform and open platform. The key end users driving up demand in the market are pharmaceuticals and healthcare, BFSI, meteorology, logistics, and transportation.

Global Data Science Platform Market: Regional Outlook

Latin America, North America, Eastern Europe, Western Europe, Japan, Asia Pacific excluding Japan (APEJ), and the Middle East and Africa are some of the key regions in the global market for data science platform. The region which holds a dominant position among them at present is North America. Presence of numerous large data centers and swift development of data science platform products in the region have phenomenally boosted its market.

APEJ, powered by nations of Singapore, India, and Korea, the flourishing IT industry and growing number of data centers, is also emerging as an attractive data science platform market. Western Europe and Eastern Europe are other key regions.

Companies Mentioned in the Report

Domino Data Lab, Inc., Cloudera, Inc., IBM, Wolfram, and ANGOSS SOFTWARE CORPORATION are to name a few of the prominent participants in the global data science platform market. The report by Transparency Market Research throws light on their key strategies and services. It also studies their sales and revenues and possible growth trajectory. To that end, it makes use of analytical tools such as SWOT Analysis and Porter’s Five Forces.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

Request For TOC of Report @ https://www.marketresearchreports.biz/sample/toc/7249

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: https://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz

This release was published on openPR.