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Request for TOC report @ http://bit.ly/2q5JU9x<br>Data Science Platform Market size is predicted to witness significant growth during the forecast timeframe. Businesses have transitioned their focus from profit-centric to customer-centric approach. This has caused a rising integration of predictive modeling and advanced analytics into business processes to optimize decision making in order to provide value to customers.<br>
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Data Science Platform Market Analysis, Industrial Forecast and Trends from 2016 to 2024: Global Market Insights, Inc. Fuel Cell Market size worth $25.5bn by 2024
Regional Analysis of Data Science Platform Market : • The U.S data science platform market is expected to acquire a large industry share attributing to the presence of many capital-intensive industries across this region. Growing awareness of the benefits of these platforms, enterprises will be predicted to integrate the systems into their operational system to enable them to gain a competitive advantage in the marketplace. • APAC revenue is driven by India, which is predicted to encounter a high growth rate due to exponential increase in foreign direct investments, lenient government policies encouraging the development of industrialization. Furthermore, digitalization, and smart city initiatives will intensify the adoption of these platforms in the region.
Application Analysis of Data Science Platform Market: • Based on application, the industry is segmented into BFSI, healthcare, manufacturing, media and entertainment, information technology and telecommunication, retail and consumer goods, government and defense, transportation and logistics, energy and others. The BFSI segment is predicted to dominate the industry over the forecast period. The data science platform market helps financial institutes to manage risks that arise due to poor quality of information collected. • Ease of fetching of customer information from various channels, for instance ATMs and POS terminals, have increased the adoption of this software. The manufacturing market will also grow at a rapid rate owing to such technologies facilitating real-time analytic streaming acquired from sensors and devices located at the factory floor. • Enterprises that have increased their focus on ease of use methods to propel the growth of their business are driving the data science platform market. Application of such software has enable the data scientists to analyze collected information, build models and uncover concealed information.
Competitive Market Share of Data Science Platform Market: • Players operating in the data science platform market include IBM Corporation, Google, Domino Data Lab, Sense Inc., Wolfram, Datarobot, Inc., Continuum Analytics, and Rapidminer, Inc. They are adopting business strategies such as agreements, partnerships, collaborations, software developments and upgradations. In September 2016, Microsoft and Adobe entered a strategic partnership to boost its cloud capabilities that help enterprises to offer personalized experiences through various phases of customer relationship management. • This partnership will aid businesses to empower their brands through Microsoft Azure, Microsoft Dynamics 365, and Adobe Marketing Cloud. In October 2016, IBM released the Watson platform to allow data scientists to incorporate artificial intelligence into businesses.
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