In the digital economy, an organization may gain sustainable competitive advantage only if the business and technology decisions are forward-looking, accurate, and rapidly acted upon. Data and analytics play an important role in driving decisions and delivering enterprise value.
As per IDC, worldwide big data and business analytics solutions revenue is expected to reach $274.3 billion by 2022. Additionally, IDC’s estimation of 175ZB of data worldwide by 2025, in comparison to 33ZB in 2018, highlights the rate at which the amount of accessible data is growing.