Top 20 Big Data Startups Companies - 2017
Organizations have realized that it is time to address the “elephant in the room”. The sheer rate at which companies amass data has reflected in the growth opportunities in the market for its management. Those startups that realized the potential of the big data market as recent as five years ago have now become key players. Big data startups today can expect to grow at an even faster rate, as the amount of data to be managed within the enterprise continues to grow exponentially, and the demand to see value from volume does not cease either.
What is interesting, however, is that big data startups today are not as horizontal as they used to be. Bigger players are now witnessing individual startups enter the marketplace with solutions specialized for specific verticals such as healthcare, public sector, and finance. What makes the opportunities greenfield is the fact that big data analytics is a game-changer for companies worldwide, regardless of the business line.
A number of factors indirectly affect the line of focus for startups specializing in big data management. The demand for integration for a wider variety of data sources, evident from the growth of the IoT and social media marketing areas, has pushed startups to move beyond traditional Hadoop and provide unorthodox database formats. Leveraging cloud technology, big data startups are seen performing amazing data crunches with the help of machine learning algorithms and artificial intelligence as well.
A distinguished panel of prominent CEOs, CIOs, VC’s and analysts, along with CIOReview’s editorial board, have assimilated all such developments in the big data startup landscape identified the front-runners in big data innovation. We present to you the “20 Most Promising Big Data Startups – 2017”, a summary of our analysis of the market.