Encompassing everything from digital data to health data, Big Data, although relatively recent, is fast becoming an integral aspect of businesses. With just a seven per cent adoption rate in 2014, today, the APAC region is set to become the third largest source of revenue for big data after Western Europe and the US. According to International Data Corporation (IDC), Big Data will have estimated revenue of $187 billion worldwide, by 2019. But it isn't just IT companies that use Big Data these days; healthcare, telecom and banking are just a few examples of other businesses that are adopting the same practices.
The compelling need to satisfy customers has led several companies to accurately analyze data and improve their product offerings. With the usage of smartphones and other personal tech growing exponentially, the Big Data generation has marked its place in the cloud computing domain. To enable real time processing of data, and allowing for immediate solutions when required, several solution providers have surfaced in the marketplace in the recent times. To assist companies in using Big Data to their advantage, predicting customer needs and wants, with personalized interactions, solution providers have been striving to bridge the gap between the enterprises and technology. With enterprises and solution providers working harmoniously towards extending leading edge services and solutions to the end-customers, there is surety in the massive impact Big Data will have in the global market, as time progresses.
This edition of APAC CIO Outlook brings you the "Top 25 Big Data Companies - 2017". This list gives you some of the most prominent organizations in the industry who are capable of leading their clients towards excellence by extensively supporting them. The proposed list envisions assisting companies to gain from the services of the right Big Data Solution Providers who suit their specific requirements and help them enhance their expertise.