|[April 04, 2014]
Research and Markets: Global Big Data Market in the Retail Sector 2014-2018 with IBM, HP, Oracle & Teradata Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/ljc3sb/global_big_data)
has announced the addition of the "Global
Big Data Market in the Retail Sector 2014-2018 with IBM, HP, Oracle &
Teradata Dominating" report to their offering.
Over the last few years, social media has been a major data source for
retail organizations. This is because organizations can obtain instant
feedback about their products and services through blogs and social
networking sites. With the rapid increase in the number of social media
sites, there is high demand to track user interactions on these sites.
Organizations have realized the need to augment their data warehouses
with external data sources. Additionally, the increased importance of
sentiment analysis and advancements in text analytics are encouraging
organizations to include social media in their business process. Social
media increases the amount of data in enterprises; therefore, this s a
positive trend in the market and it is expected to drive the growth of
the Global Big Data market in the Retail sector in the coming years.
Due to the presence of a large amount of data, organizations in the
Retail sector need big data solutions to automatically track the
performance and behavior of the information stored in their IT systems.
In addition, they require data analytics to develop innovative business
strategies and improve overall operational efficiency. Big data
solutions help in identifying the risks and opportunities in
organizations, enabling them to plan and perform accordingly.
Further, the report states that one of the major challenges is the lack
of skilled workforce to manage big data. The requisite technical skills
for handling big data vary from one project to another with respect to
data storage and data retrieval. As a result, there is a high
possibility of failure in the implementation of big data solutions.
Additionally, in spite of a large number of big data projects, companies
are not ready to invest in professionals with the required analytical
skills for managing big data.
Key vendors dominating this space are:
Oracle (News - Alert) Corp.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Revenue
08. Geographical Segmentation
09. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/ljc3sb/global_big_data
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