Press release
Data Science Platform Market 2018 Global Key Players - Microsoft Corporation, IBM Corporation, Google, Inc., Wolfram, DataRobot Inc.
Description:
Data Science Platform -Global Market Status and Trend Report 2013-2023 offers a comprehensive analysis on Data Science Platformindustry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information.
A data science platform is a framework of the entire life cycle of a data science project. Data science platform contains all the tools required for executing the lifecycle of the data science project spanning across different phases such as data ideation, integration and implementation, model development and model deployment. Data science platform helps organizations to enhance their analysis by helping them run, track, reproduce, share and deploy analytical models faster. In general, all these tasks require lot of engineering effort and are difficult to build and maintain analytical models. Data science platforms give the data science teams a leg up in the competitive race to leverage analytics effectively.
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Major Key Players
Microsoft Corporation (U.S.),
IBM Corporation (U.S.),
Google, Inc. (U.S.),
Wolfram (U.S.),
DataRobot Inc. (U.S.),
Sense Inc. (U.S.),
RapidMiner Inc. (U.S.),
Domino Data Lab (U.S.),
Dataiku (France), Alteryx, Inc. (U.S.), Continuum Analytics, Inc. (U.S.).
The global Data Science Platform Market is estimated to grow up to USD 115 billion with a CAGR ~ 29% through the forecast period.
Regional Analysis
North America leads the market for global data science platform market. Due to the presence of major market players such as IBM, Microsoft, Google and many more led to development in this sector. TD Bank Group acquired Layer 6 Inc., a world-renowned artificial intelligence (AI) company based in Toronto, Ontario. Layer 6 adds new capabilities to TD's growing base of innovation talent and know-how. Artificial Intelligence has the potential to power a new generation of data-driven applications from personalized and real-time advice to predictive analytics that will shape the future of banking for millions of individuals.
Asia Pacific is anticipated to grow at rapid rate through the forecast period. Data science companies are setting up in Asia Pacific to meet the growing demand to maximise in-house data production and analysis. In November 2017, French software developer Dataiku Inc., which owns predictive analytics software platform Data Science Studio, announced its intention to accelerate its expansion in this region.
Brands like Cisco Systems have seen the value in having in-house data science teams because it is moving more of its marketing to digital. Asia Pacific region that is seeing much of the action as more and more data science companies are being setup with government initiatives.
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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