Applications & OS News
The 10 Top Big Data Startups Of 2019 (So Far)
Sales of big data and business analytics solutions are expected to reach $189 billion this year and that industry growth is spurring a steady stream of startups developing innovative big data products.
Digital Transformation Initiatives Are A Key Driver For The Big Data Industry
Worldwide revenue for big data and business analytics solutions is expected to reach $189.1 billion this year, up 12 percent from 2018, according to a semiannual forecast from International Data Corp. That growth will continue at a CAGR of 13.2 percent over the next five years, reaching $274.3 billion in 2022.
Digital transformation will be a major driver of big data tech sales, according to IDC, as executive-level initiatives and reassessments of business practices lead to greater demands for access to data and analytical insights.
While established vendors like Tableau, Oracle and Microsoft will account for a big chunk of those sales, startups with innovative big data technologies are sure to capture a piece of the big data market. Solution providers who want to offer their customers the latest software and services in business analytics, data management, data science and machine learning to tackle their big data challenges should take notice.
See the latest entry: The 10 Hottest Big Data Startups of 2022
Here are CRN's picks for the top big data startups so far in 2019.