|[February 20, 2013]
Research and Markets: Global Hadoop-as-a-service Market 2012-2016 Report Reveals That the Lack of Awareness of HDaaS Solutions os One of the Major Challenges
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/kdct4k/global)
has announced the addition of the "Global
Hadoop-as-a-service Market 2012-2016" report to their offering.
TechNavio's analysts forecast the Global Hadoop-as-a-Service market to
grow at a CAGR of 95.16 percent over the period 2012-2016. One of the
key factors contributing to this market growth is the demand for
cost-effective big data management. The Global Hadoop-as-a-Service
market has also been witnessing the growing demand for
hadoop-as-a-service (HDaaS) solutions from SMEs. However, the lack of
awareness could pose a challenge to the growth of this market.
The key vendors dominating this market space are Amazon Web Services
Inc., IBM (News - Alert) Cor., EMC Corp., and Microsoft Corp.
The other vendors mentioned in the report are Google (News - Alert) Inc., Cloudera
Inc., MapR Technologies Inc., Hortonworks Inc., Infochimps Inc.,
Continnuity Inc., and Mortar Data Inc.
Commenting on the report, an analyst from TechNavio's Enterprise
Computing team said: ''It has been observed that, similar to large
enterprises, small and medium-sized enterprises (SMEs) are also
collecting huge amounts of data in their databases in the form of social
media data, customer data, enterprise applications, and financial data.
It has also been witnessed that a large number of SMEs are looking for
cost-effective solutions for managing their big data. Another major
reason for the demand for hadoop-as-a-service (HDaaS) solutions by SMEs
is the increasing competition in the business environment. Enterprises
are facing the challenge of ever-increasing competition. To counteract
this challenge, they need to manage and analyze big data solutions and
derive actionable insight to come up with a customer-driven marketing
strategy. Since HDaaS solutions are one of the best measures that enable
companies to perform analytics activities with low capital investment,
SMEs across the globe are increasingly starting to adopt HDaaS
According to the report, one of the major drivers is the demand for
cost-effective big data management. Cost-effective cloud computing
technology and the ability of Hadoop software to effectively manage and
analyze large amounts of data enable enterprises to manage their big
data of any size in a cost-effective manner.
For more information visit http://www.researchandmarkets.com/research/kdct4k/global
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