BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Big Data in Power Sector Market” Research Report 2020 provides an in-depth analysis of the Big Data in Power Sector with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Big Data in Power Sector on the basis of a number of criteria, such as the product type, application, and its geographical presence.
Global Big Data in Power Sector Market Overview:
The report spread across 90 pages is an overview of the Global Big Data in Power Sector Market Report 2020. The Global Big Data in Power Sector Market is projected to grow at a healthy growth rate from 2020 to 2025 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
According to the market research study, the Big Data has helped utility companies to track consumption pattern and forecast, to accordingly shift the supply in both space and time, hence, resulting in efficiently utilizing assets. In 2017, the investment in big data and artificial intelligence grew ten-fold. Rapid growth in the adoption of smart grid by various government has increased the volume of data, and hence, demand for big data analytics in the power sector.
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The Global Big Data in Power Sector Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Big Data in Power Sector Market is sub-segmented into Structured Data Analysis, Unstructured Data Analysis and others. On the basis of Application, the Global Big Data in Power Sector Market is classified into Smart Grid, Wind Power, Solar Power and others.
In terms of the geographic analysis, The Big Data in Power Sector Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Big Data in Power Sector Market ecosystem results in the increasing adoption of these systems in North America.
Top Technology Industry News:
Teradata (June 23, 2020) – Teradata Strengthens Cloud Offerings on Amazon Web Services and Microsoft Azure – Teradata, the cloud data and analytics company, today announced a myriad of enhancements to its as-a-service offerings for Teradata Vantage on public cloud providers Amazon Web Services (AWS) and Microsoft Azure. The improvements will also apply to Vantage on Google Cloud Platform (GCP), which will begin limited availability in July 2020. The collection of upgrades, as well as the expansion of public cloud offerings, demonstrate Teradata’s ongoing, strong cloud commitment and underscore the company’s critical role in migrating enterprises to the cloud with easy and low-risk hybrid cloud deployments.
Business leaders are increasingly looking to cloud services to access and use software rather than take on the responsibility, cost and effort involved with owning and maintaining IT infrastructure. With the cloud offering new standards of speed, massive (and low cost) storage and scale – in addition to greater flexibility and more expansive service capabilities – it’s easy to understand the cloud’s rapid growth. Teradata enables enterprises to take full advantage of the cloud with quick and low-risk migrations and expansions, offering the industry’s most scalable hybrid cloud and multi-cloud deployments. Because Teradata Vantage software is consistent from one environment to the next, the process is greatly simplified and risk to analytics performance, security, availability and operations is mitigated.
“Teradata is heavily invested in the cloud and the sheer number of improvements we are introducing is a testament to our determination to continue providing customers with the lowest risk, easiest path to the cloud,” said Hillary Ashton, Executive Vice President of Teradata Products. “For many companies, hybrid cloud deployments are an ideal way to benefit from the cloud’s speed and scale without abandoning on-premises investments or regulatory compliance. Hybrid cloud and multi-cloud offerings remain an area of strength for Teradata and these updates advance our cloud offerings across the board.”
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Top Leading Key in Players Global Big Data in Power Sector Market: Microsoft, Teradata, IBM, SAP SE, Palantir Technologies, Oracle, EnerNoc, Siemens AG, C3, Accenture and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
With the presence of a large pool of participants, the Global Big Data in Power Sector Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Microsoft, Teradata, IBM, SAP SE, Palantir Technologies, Oracle, EnerNoc, Siemens AG, C3, Accenture are some of the key vendors of Big Data in Power Sector across the world. These players across Big Data in Power Sector Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.
Region segment: Big Data in Power Sector Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Big Data in Power Sector in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Big Data in Power Sector Market Report 2020
1 Big Data in Power Sector Product Definition
2 Global Big Data in Power Sector Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Big Data in Power Sector Shipments
2.2 Global Manufacturer Big Data in Power Sector Business Revenue
2.3 Global Big Data in Power Sector Market Overview
2.4 COVID-19 Impact on Big Data in Power Sector Industry
3 Manufacturer Big Data in Power Sector Business Introduction
3.1 Microsoft Big Data in Power Sector Business Introduction
3.2 Teradata Big Data in Power Sector Business Introduction
3.3 IBM Big Data in Power Sector Business Introduction
3.4 SAP SE Big Data in Power Sector Business Introduction
3.5 Palantir Technologies Inc. Big Data in Power Sector Business Introduction
3.6 Oracle Corp. Big Data in Power Sector Business Introduction
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