The term ‘Big Data’ is the talk of both business and tech world today. Companies across sectors are slowly realising the value of data they have stored so far. The new phrase ‘Data is an asset’ is sealing the commercial market.
In a nutshell, big data market is rapidly undergoing the contortions that define market maturity, namely consolidation. There is a flood of big data analytics companies sprouting during this period. Even leaders emerge with the data analytics market, which is entering its second decade. However, big data analytics has matured differently than most technologies.