The cloud analytics market is expected to grow from USD 35.7 billion in 2024 to USD 118.5 billion in 2029, at a CAGR of 27.1% during the forecast period. Cloud analytics involves analyzing data within a cloud-based platform to uncover valuable business insights. It empowers users to explore vast datasets stored in the cloud, identifying significant trends, predicting outcomes, and making informed decisions. By leveraging this approach, businesses can take proactive steps based on data-driven strategies, ultimately enhancing their operations and achieving growth objectives.
Top Cloud Analytics Companies include
These top list of companies in cloud analytics market, driving innovation and providing businesses with powerful tools to manage and analyze their data effectively .
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IBM
IBM was founded in 1911 and is headquartered in Armonk, New York, US. Operating in more than 170 countries worldwide, IBM's geographic presence is extensive, with offices, research facilities, and data centers strategically located to serve its diverse clientele. IBM has evolved into a multifaceted enterprise offering various products and services, from hardware and software to cloud computing and artificial intelligence solutions. In cloud analytics, IBM leveraging its vast expertise and resources to provide cutting-edge solutions to businesses across various industries. IBM Cloud offers a comprehensive suite of analytics services, enabling organizations to harness the power of data for informed decision-making and competitive advantage. Using advanced analytics capabilities, such as ML and predictive modeling, IBM helps businesses unlock valuable insights from their data, driving innovation and growth. With offerings such as IBM Watson Analytics, businesses can easily analyze complex data sets, uncovering hidden patterns and trends that can inform strategic initiatives and drive business success.
Google, founded in 1998, is a multinational technology company headquartered in Mountain View, California, US. Initially recognized for its breakthrough search engine, Google has expanded its operations to encompass various products and services, including software, hardware, and online advertising. With a global footprint, Google maintains a significant presence in numerous countries, with offices and data centers spanning North America, Europe, Asia, and beyond. Its widespread geographic presence enables Google to cater to diverse markets and users worldwide, contributing to its status as one of the most influential tech companies on the planet. In cloud analytics’ Google Cloud offers a comprehensive suite of solutions to empower businesses with advanced data analysis capabilities. Leveraging cutting-edge technologies, such as AI and ML, Google Cloud's analytics offerings enable organizations to extract actionable insights from vast amounts of data in real-time. From data warehousing and data lakes to business intelligence tools and predictive analytics, Google Cloud provides a robust infrastructure and a wide range of services tailored to meet the evolving needs of modern enterprises.
Microsoft Corporation
Microsoft Corporation founded in 1975, is a global technology giant headquartered in Redmond, Washington, US. With a presence in over 190 countries, Microsoft has established itself as a leader in various technology industry sectors. Its geographic reach extends across continents, with regional offices and data centers strategically located to serve customers worldwide. Microsoft's products and services cater to diverse markets, including personal computing, enterprise solutions, gaming, and cloud services, making it one of the world's most influential and innovative companies. In recent years, Microsoft has made significant strides in cloud analytics, leveraging its Azure platform to offer advanced solutions to businesses of all sizes. Azure's suite of analytics tools enables organizations to harness the power of big data, ML, and AI to gain valuable insights and drive informed decision-making. From Azure Data Lake Storage for scalable data storage to Azure Databricks for collaborative data analytics, Microsoft provides a comprehensive ecosystem for managing and analyzing data effectively.
Atos (France)
Atos is a global leader in digital transformation headquartered in Bezons, France. With a strong focus on cybersecurity, cloud, and high-performance computing, Atos serves a diverse range of industries including defense, financial services, healthcare, manufacturing, media, energy, and public sector. The company provides a comprehensive portfolio of services encompassing consulting, systems integration, managed services, and cloud operations. Atos is renowned for its innovative solutions in big data, AI, and quantum computing, helping clients navigate complex digital transformations. The company operates in more than 70 countries and employs over 100,000 professionals worldwide, committed to sustainability and ethical practices in technology?.
Board International (Switzerland)
Board International, based in Chiasso, Switzerland, is a leading provider of business intelligence, performance management, and analytics software. Known for its all-in-one platform, Board enables organizations to seamlessly combine data discovery, business analytics, and planning in a single interface. This unified approach helps businesses gain insights and make data-driven decisions more efficiently. Board’s solutions are widely used across various sectors, including retail, finance, manufacturing, and consumer goods, providing capabilities such as budgeting, forecasting, and dashboarding. The company emphasizes ease of use, flexibility, and powerful data visualization, making complex data accessible and actionable for business users.
Related Reports:
Cloud Analytics Market by Type (Cloud BI (Data Visualization, Data Integration), Enterprise Information Management, GRC, EPM, Advanced Analytics (Predictive, Prescriptive)), Data Processing (Real-Time Analytics, Batch Analytics) - Global Forecast to 2029
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