Big data has become an integral aspect of businesses. The APAC region is set to become the third largest source of revenue for big data after Western Europe and the US, which points to big data’s exponential rise in adoption over the past four years. According to International Data Corporation (IDC), big data will have an estimated revenue of $187 billion worldwide, by 2019.
It will be crucial for companies to accurately analyze the data to improve their product by gaining customer understanding, which will lead to improved customer satisfaction. Big data is being adopted not only by IT organizations, but healthcare, telecom and banking are also a few examples of other businesses that are following the same practices. It will be of great benefit with the adoption of the cloud. This will enable real-time processing of data, allowing for immediate solutions when required. Companies will need to use big data to their advantage, predicting customer needs and wants, with personalized interactions. Consumer feedback or social media analysis will be one of the most important aspects of big data and companies have begun to understand the need for it.
This edition of APAC CIO Outlook brings you the "Top 10 Big Data Solution Providers - 2018". 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.