According to a research report “Autonomous Data Platform Market by Component (Platform and Services), Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), Deployment Type (On-Premises and Cloud), Vertical, and Region – Global Forecast to 2024″, published by MarketsandMarkets, estimated to be USD 810 million in 2019, the autonomous data platform market is projected to surpass USD 2,210 million by 2024, registering a CAGR of 22.2% during the forecast period.
The major autonomous data platform vendors include Oracle (US), Teradata (US), IBM (US), AWS(US), MapR (US), Cloudera (US), Qubole (US), Ataccama (Canada), Gemini Data (US), DvSum (US), Denodo (US), Zaloni (US), Datrium (US), Paxata (US), and Alteryx (US). These vendors have adopted various growth strategies, such as new product launches, business expansions, partnerships, agreements, collaborations, and acquisitions, to further expand their presence in the global autonomous data platform market. These strategies have helped them innovate their offerings and broaden their customer base.
Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158985402
Oracle is a key player in the autonomous data platform market. The company invests a significant amount of its revenue in R&D, and this investment has been enhanced further during the last 3 consecutive years. The company focuses primarily on organic growth through innovations in data management solutions. It generates 80% revenue from its Cloud and License segment. With organizations moving toward enhancing their customer experience, the Oracle customer data management cloud offering is expected to gain traction among enterprises across the globe. Oracle is also focusing on providing extended data management solutions in order to enable its end clients to spread their business models and revenue streams. The company prioritizes inorganic growth—for instance, in May 2018, it acquired DataScience.com, whose platform helps Oracle to centralize data science tools, projects, and infrastructure in a fully-governed workspace.
Teradata is a leading analytics solutions company. It generates the majority of its revenue from the service business segment. The company is continuously focused on R&D activities to enhance its product offerings. For instance, it invested USD 0.3 billion in R&D activities in 2018. The company has adopted a mix of organic and inorganic growth strategies to enhance its position in the market. In January 2017, it announced the availability of the Teradata Database on Azure, for Q1 2017, providing customers with more choices of cloud options in Teradata software.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
Request Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=158985402
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
