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Soon, factors, such as a higher preference for remote workspaces, enterprise-wide digital transformation, and exponential growth in ownership of smart devices, are expected to bode well for the big data market.
GlobalData’s latest report, “The State of the Biopharmaceutical Industry - 2023,” reveals that AI and big data were trending as the two most disruptive emerging technologies since 2020, with a significant margin from the third choice in all four years.
Things to consider include package solutions to address industry-specific use cases, government support, professional development, and customer support.
Under an aspirational forecast scenario, which assumes COVID-19 is contained by August 2020 and that global markets will be able to recover by the end of the year, the market is expected to reach $68.09 billion by 2025 from $14.85 billion in 2019.
Rise in the demand for big data and cloud computing solutions in distributed computing environments is expected to drive the hyperscale data center market.
As per a recent industry report put forward by Global Market insights Inc., Automotive Aftermarket is forecast to register its name in the billion-dollar fraternity down the line of six years, by exceeding a revenue of USD 65 billion by 2025 with a projected CAGR of 19% over 2019-2025.
Mitsubishi Electric Corporation has announced that it will acquire the remaining shares of ICONICS, Inc., a U.S. software company focused on SCADA,1 IoT, mobile, analytics, and cloud software.
IBM has announced that it will support the customer experience of Lenovo's Data Center Group with Cognitive and Blockchain-powered field service solutions in over 200 countries worldwide.
Since its inception in 1985, the San Diego Supercomputer Center (SDSC) at the University of California San Diego has been a beacon of light for scientific, engineering, and health care discovery.