{"id":9441,"date":"2019-07-30T07:00:44","date_gmt":"2019-07-30T15:00:44","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=9441"},"modified":"2019-06-14T07:32:07","modified_gmt":"2019-06-14T15:32:07","slug":"big-data-and-analytics-bda-strong-growth-in-professional-services-consumer-services-and-media","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/big-data-and-analytics-bda-strong-growth-in-professional-services-consumer-services-and-media\/","title":{"rendered":"Big Data and Analytics (BDA): Strong Growth in Professional Services, Consumer Services and Media"},"content":{"rendered":"\n

The Big Data and Analytics (BDA) market is expected to reach $190 billion in 2019 and will brow 13 percent annually to reach $274.3 billion in 2022, according to IDC<\/a>.<\/p>\n\n\n\n

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Global Big Data and Analytics, IDC (PC Magazine)<\/a><\/figcaption><\/figure>\n\n\n\n

Jessica Goepfert<\/a>, program vice president at IDC, said that<\/a> “when we look at the opportunity trends for BDA in the cloud, the top three industries for adoption are professional services, personal and consumer services, and media<\/em>. All three industries are rife with disruption and have high levels of digitization potential. Additionally, we often find many smaller, innovative firms in this space; firms that appreciate the access to technologies that may have historically been out of reach to them either due to cost or IT complexity.” <\/p>\n\n\n\n

Dan Vesset<\/a>, group vice president at IDC, said that<\/a> “digital transformation is a key driver of BDA spending with executive-level initiatives resulting in deep assessments of current business practices and demands for better, faster, and more comprehensive access to data and related analytics and insights. Enterprises are re-architecting to meet these demands and investing in modern technology that will enable them to innovate and remain competitive. BDA solutions are at the heart of many of these investments.”<\/p>\n

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The Big Data and Analytics (BDA) market is expected to reach $190 billion in 2019 and will brow 13 percent annually to reach $274.3 billion in 2022, according to IDC. Jessica Goepfert, program vice president at IDC, said that “when…<\/span><\/p>\n

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