(PR Web Via Acquire Media NewsEdge) Albany,New York (PRWEB) February 08, 2014
Researchmoz presents this most up-to-date research on "Big Data in Financial Services Industry: Market Trends, Challenges, and Prospects 2013 - 2018". The report focuses primarily on quantitative market metrics in order to characterize the growth and evolution of the Remote Patient Monitoring Market.
Big Data is making a big impact already in certain industries such as the healthcare, industrial, and retail sectors. With the exception of the government sector, no other industry has more to gain from leveraging Big Data than the financial services sector. Big Data technology will help financial institutions maximize the value of data and gain competitive advantage, minimize costs, convert challenges to opportunities, and minimize risk in real-time.
Big Data technologies provide financial services firms with the capability to capture and analyze data, build predictive models, back-test and simulate scenarios. Through iteration, firms will determine the most important variables and also key predictive models.
There is a huge opportunity for financial services firms to apply new data sets and new algorithms to optimize capital allocation, cash management, and currency processing. The financial implications are manifest in improved capital flows and profitability for many firms within the ecosystem.
This report evaluates Big Data prospects and opportunities within the financial services sector and answers the following key questions:
How is Big Data expected to impact the financial services industry?
What are the Big Data players financial management solutions and their impact?
What are the Big Data financial management models and how are they applied?
What are the near-term and long-term benefits to the financial services industry?
What are the specific challenges that the financial services industry faces with Big Data?
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Table of Contents
1. Key findings
2. Main concepts
3. Telcos and big data
4. Major telco initiatives
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Global Big Data Market in the Retail Sector 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global Big Data market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are IBM Corp., Hewlett-Packard Co., Oracle Corp., and Teradata Corp.Other vendors mentioned in the report are 1010data Inc., Accenture plc, Attivio Inc., Cloudera Inc., EMC Corp., Hortonworks Inc., MapR Technologies Inc., MongoDB Inc., MarkLogic Inc., Microsoft Corp.
The report also analyzes Big Data prospects for financial services within the emerging markets including Brazil, China, and India.
Big Data companies
Telecom service providers
Financial services companies
Data services and analytics companies
Cloud and telecom infrastructure providers
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