Data Prep Market - Regional Outlook and Forecast 2017 - 2025
Data preparation involves collecting, cleaning, and consolidating data into a single file or database to be utilizable for analysis purposes. Data preparation is mostly used for non-standard data, for combining data from several sources, dealing with data from unstructured sources, and reporting on data that was entered manually.
Data prep employs tools such as data cataloging, data ingestion, data curation, data quality, and data governance to create high quality consistent data. Data prep also eliminates low quality and incorrect data which is detrimental to the efficient functioning of data mining and analytics processes. It also helps to validate and rationalize data procured from multiple sources to be useful for different applications.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=803
The emergence of big data and attempts of organizations to turn massive data sets into a competitive advantage has led to the rise of data prep technologies. Data prep tools are increasingly being used by organizations due to the need to analyze large volumes of data that is generated from internal and external sources on a daily basis. At present, data prep is abuzz in the business as well as IT sides of organizations. Vendors engaged in the development of data prep tools are also focused on developing newer software for accelerating the analytical process, which, in turn, supports business analytics.
The complete process of data prep includes preparing, blending, cleansing, integrating, transforming, and defining the metadata of data collected from multiple sources. While the entire process of data prep has been a job of an IT personnel, however, with expanding interest of individuals in data science and analytics, it has drawn the interest of non-IT personnel for the execution of these tasks.
Global Data Prep Market: Overview
Self-service data preparation is recommended to enable users understand data better and reduce efforts invested in data preparation. Analysts spend a majority of their time in preparing data across most of the organizations, delaying the time to analyze the data and thus decision making. Compounding the concern is that a majority of analysts still use traditional tools, which in most cases are unable to handle data obtained from novel sources.
Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=803
With the latest innovations in self-service data prep, analysts are able to access information from various sources and work directly with data to clean, enhance, an combine. As per recent studies the staggering volume of data generated regularly owing to the exponential growth of the big data, analytics, and other modules will give impetus to the global data prep market. The demand for data prep services will also rise as organizations exhibit higher demand for actionable insights.
For the purpose of the study, the global data prep market can be segmented into tool, platform, deployment model, and region. The core objective of this market study is to define and describe the global data prep market. It also intends to present refined outlook for the market, thereby shedding light on key opportunities and threats that the leading players should take a note of.
Global Data Prep Market: Trends and Opportunities
Data prep tools such as data cataloging, data ingestion, data curation, and data governance are used to create relevant information consistent with high quality standards. The technology also helps in eliminating risks of incorrect data, which could adversely impact the functioning of processes such as data mining and analytics. Data preps enable validation of data obtained from disparate sources, thereby aiding integration of diverse applications. The technology therefore eases the process of preparing relevant data to be used for analytics, besides optimizing to generate relevant information.
Read Comprehensive Overview of Report @ https://www.tmrresearch.com/data-prep-market
The staggering volume of data generated across organizations has boosted the demand for technologies such as data prep, which will help them efficiently process information. Data prep tools are thus gaining traction as the need to analyze such voluminous data becomes a critical operation. Currently, the technology has stirred a buzz in IT and business sides of any organization alike. In order to capitalize on prevailing opportunities data preparation vendors are focusing on innovating software technologies for accelerating the process of business analytics.
Spurred by these factors, the global data prep market will record high growth during the course of the forecast period.
Global Data Prep Market: Regional Outlook
Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa are some of the key regional markets for data prep. Among this, the market is currently witnessing lucrative opportunities in North America. The rapid growth of the IT industry in the region has significantly aided the expansion of the data prep market in North America. The region is also at the fore of adopting the latest in technology, which has given impetus to the data prep market herein. Besides this the market is also expected to gain robust opportunities across emerging nations due to the rapid proliferation of IoT and other smart devices.
Global Data Prep Market: Vendor Landscape
Microsoft Corporation, TIBCO Software, IBM Corporation, Alteryx, Inc., Datawatch Corporation, SAP SE, SAS Institute, Informatica, and Talend are some of the leading companies operating in the global data prep market. Marketing strategies adopted by these companies and increased funding on research and development will have a positive influence in the overall market as well.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Data Prep Market - Regional Outlook and Forecast 2017 - 2025 here
News-ID: 977152 • Views: 186
More Releases from TMR Research
Hydrolyzed Plant Proteins Market Booming Global Industry Investments and future …
Global Hydrolyzed Plant Proteins Market: Overview Hydrolyzed plant proteins have found use in a wide range of applications in the food and beverages industry. Most commonly, the protein is used to enhance flavor in several processed food products. Several functional characteristics are key to the growing popularity of these proteins. Proteins from oil-producing plants have excellent fat binding and emulsification properties, which are being utilized by hydrolyzing these for applications that
Rose Extracts Market 2028 | Young Living Essential Oils, Thracian Oils Ltd., Fle …
Global Rose Extracts Market: Overview Pharmacological properties of key species of rose flowers are well known, and several companies have been utilizing these for skin care. This is one of the key trends propelling the steady evolution of the rose extracts market. A growing body of in-vivo and in-vitro clinical studies over the past few years have underscored the therapeutic potential of rose extracts. In skin care, rose extracts have been
Global Fruit Tea Market Analysis, Size, Share, Growth & Forecast 2018-2028: Tata …
Global Fruit Tea Market: Overview Based on the nutritive value like vitamin C, and health benefits such as great antioxidant are some of the reasons that are boosting the demand for fruit tea across the globe. Moreover, the growing popularity of the beverage in health cautious genre of population is also a crucial factor that is propelling the demand for fruit tea market. Based on these factors the global fruit
Dairy Desserts Market 2028 | General Mills Inc., Royal FrieslandCampina NV, Nest …
Global Dairy Desserts Market: Overview Who doesn’t love a good dessert after a delicious dinner or lunch? Though they are filled with high calories, they are highly in demand. However, dairy desserts are something that everybody cherishes. The variety in taste and shapes, they are being loved by every age group. Based on the delicious taste and widespread acceptance the global dairy desserts market is expected to grow substantially in the
More Releases for Data
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Weather Station Data Logger Collects Meteorological Data
Complete Weather monitoring using an Intelligent Universal Data Logger A construction company needed to collect meteorological data to study the effects of building materials such as roofing tile. CAS DataLoggers provided the dataTaker DT-85 for an environmental monitoring solution. Long-term monitoring of a variety of weather data is required to determine how the products perform under harsh environmental conditions. The field engineer desired a single recording device to connect with
How to turn Data into Smart Data
Both enterprises and individuals have to process some kind of data every day, whether it is a short message, a notification, a piece of news, statistics, a video, etc. If we accumulate all the data acquired in a month, the amount guarantees to shock anyone. Turning data into smart data As we go through the daily pile of data generated, not only must we record it, we also need to make sense
Data Quality and Data Governance Solution Market
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology. Data quality and data governance
B2B Data Matching Services | Leo Data Services
B2B Data Matching Services - Revolutionary Marketing Campaigns In today's business scenario, managing successfully B2B Data Matching for prospect customer can be a challenge even the most capable organizations. Business to Business Marketing services from Leo Data Services are always customized to meet the needs of the business prospects. We make sure that our clients have quick, reliable access to their data through several possible interface methods that cover everything from data
B2B Data Services - Data Management - Data Providers
When it comes to Online Marketing, B2B Data Services is a well-known name for maintaining reputation among Digital Marketing competitors. It is a one stop shop for start-ups and enterprises looking for cost cutting and out of box solutions in the field of Data Management and services related to Campaign Marketing, Mobile Viral Marketing, Social Media, Search Engine Optimization, Email Marketing Campaigns and Internet Marketing. Sharing space among the well-established