The London Stock Exchange Group could rebrand itself as International Data Inc

iCrowdNewswire – Jun 4, 2017

The London Stock Exchange Group could rebrand itself as International Data Inc. In a decade the company has gone from a local equities market to global information and services business. A deal to buy Citigroup’s (C.N) Yield Book fixed-income analytics service and its related indexing business for $685 million in cash, the LSE’s first big deal since its merger with Deutsche Boerse (DB1Gn.DE) fell through in March.

The Yield Book and Citi Fixed Income Indices businesses have a client base of more than 350 institutions offering services used to analyze fixed income instruments including mortgage, government, corporate and derivative securities, Citi said.

The indexes business includes the widely followed World Government Bond Index series.

LSE (LSE.L) said the Citi acquisition would boost the size and capabilities of its FTSE Russell indexes business, taking assets under management using its indexes to about $15 trillion.

More acquisitions might be made but the focus now would be on developing the business it already has, the head of FTSE Russell told Reuters.

“Anything that we can acquire at a fair price, we will look at … But first and foremost we focus on the organic growth,” Mark Makepeace said.

“(The deal) gives us a multi-asset approach to benchmarking, which is what our clients increasingly want. They want to get equities, fixed income and other asset classes from a single provider,” he said.

The deal will also help the LSE compete better with rival index compilers MSCI (MSCI.N) and S&P (SPGI.N), with FTSE International projected to have more assets under management using its indexes than MSCI’s $11 trillion and S&P’s $10 trillion, Makepeace said

Shares in LSE, which have risen 12 percent since the Deutsche Boerse deal was blocked by EU regulators, citing concerns over a potential monopoly in the processing of bond trades, were up 0.3 percent at 3,404 pence at 1322 GMT (9:22 a.m. ET).

“It is our opinion that LSEG has acquired a profitable, high-margin, fast-growing business that is complementary to its existing benchmark portfolio, and is an effective use of surplus capital,” RBC Capital Markets analyst Peter Lenardos said.

The acquisition is expected to add $30 million in synergy benefits to LSE’s revenues over the first three years after completion and bring $18 million in cost savings over the same period, the company said.

Last year LSE estimated the business being acquired would have generated earnings before interest, tax, depreciation and amortization of $46 million on revenue of $107 million.

LSE expects the EBITDA margin to rise to at least 50 percent within three years of the deal’s completion.

“This is another clever transaction by LSEG, one that few had on their radar screens. The transaction makes financial and strategic sense,” Lenardos, who rates LSE “outperform” said.


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Blood Transfusion Market Growth Forecast Analysis by Manufacturers, Regions, Type and Application to 2021

In depth analysis of Blood Transfusion Market is a crucial thing for various stakeholders like investors, CEOs, traders, suppliers and others. The Blood Transfusion Market research report is a resource, which provides technical and financial details of the industry.

Browse more detail information about Blood Transfusion Market at:

Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into

  • Straight blood transfusion set
  • Y-type blood transfusion
  • Others

Split by application, this report focuses on consumption, market share and growth rate of Blood Transfusion in each application and can be divided into

  • Child
  • Adult
  • Total

To begin with, the report elaborates the Blood Transfusion Market overview. Various definitions and classification of the industry, applications of the industry and chain structure are given. Present day status of the Blood Transfusion Market in key regions is stated and industry policies and news are analysed.

Next part of the Blood Transfusion Market Industry analysis report speaks about the manufacturing process. The process is analysed thoroughly with respect three points, viz. raw material and equipment suppliers, various manufacturing associated costs (material cost, labour cost, etc.) and the actual process.

Following are the key players covered in this Blood Transfusion Market research report:

  • B.Braun
  • Grifols
  • Fresenius Kabi
  • Welford Manufacturing
  • Helm Medical
  • Vogt Medical
  • JMS Co.
  • Wego
  • Suzhou Laishi

And Many Others……

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After the basic information, the Blood Transfusion Market report sheds light on the production. Production plants, their capacities, global production and revenue are studied. Also, the Blood Transfusion Market growth in various regions and R&D status are also covered.

Following are Major Table of Content of Blood Transfusion Industry:

• Blood Transfusion Market Competition by Manufacturers

• Blood Transfusion Production, Revenue (Value) by Region (2016-2021)

• Blood Transfusion Supply (Production), Consumption, Export, Import by Regions (2016-2021)

• Blood Transfusion Production, Revenue (Value), Price Trend by Type

• Blood Transfusion Market Analysis by Application

• Blood Transfusion Manufacturers Profiles/Analysis

• Blood Transfusion Manufacturing Cost Analysis

• Industrial Chain, Sourcing Strategy and Downstream Buyers

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Further in the Blood Transfusion Market Industry Analysis report, the Blood Transfusion Market is examined for price, cost and gross capacity. These three points are analysed for types, companies and regions. In continuation with this data sale price for various types, applications and region is also included. The Blood Transfusion Market for major regions is given.

Scope of the Blood Transfusion Industry on the basis of region:

  • United States
  • China
  • Europe
  • Japan
  • Southeast Asia
  • India

Additionally, type wise and application wise consumption figures are also given. With the help of supply and consumption data, gap between these two is also explained.

To provide information on competitive landscape, this report includes detailed profiles of Blood Transfusion Market key players. For each player, product details, capacity, price, cost, gross and revenue numbers are given. Their contact information is provided for better understanding.

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In this Blood Transfusion Market report analysis, traders and distributors analysis is given along with contact details. For material and equipment suppliers also, contact details are given. New investment feasibility analysis and Blood Transfusion Market Industry growth is included in the report.

No. of Report Pages: 110

Price of Report (Single User Licence): $4000

Zensar Technologies launches Big Data Enabled Platform

Pune, India, May 16, 2017: Zensar Technologies, a leading provider of digital solutions, software and infrastructure services, announced the launch of its Big-Data enabled platform for seamless end to end information management. The solution is designed to address complex business problems through rapid, contextual and empowered insights using diversified, disparate and real-time information services. As digital data becomes mainstream, this solution offers global enterprises analytics which generate insights aimed at enabling them to make informed decisions.

Sandeep Kishore, Chief Executive Officer and Managing Director, Zensar Technologies commented, “We live in the times of digital data deluge and information is sourced from multiple sources. There is a need to leverage the insights this data can offer, in terms of taking strategic and time-sensitive decisions. In our attempt to help global customers maximize their Return on Digital™, our Big Data and Analytics platform brings together insights, machine learning, data mining and simplified analysis. We are confident that our customers will see benefits on adoption of this solution.”

According to Prameela Kalive, EVP and Head, Applications Business Solutions, “We constantly try to partner our customers in their digital transformation journey by adopting a digital led approach. As customers grapple with the huge amount of data; we see our Big Data platform playing a key role in deriving actionable insights, helping them leverage changing market conditions.

The platform empowers the organization to drive an analytics driven decision making culture by integrating existing information assets with unstructured and voluminous data sets. It provides context aware ‘Analytics Data Hub’ as a service, rapid value delivery platform and addresses multiple big data implementation nuances. It also provides accelerated time to market, in-depth and predictive analytics along with AI capabilities.

Key solution features: 

  • The platform works against the backdrop of Artificial Intelligence, as it is embellished with Machine Learning, Neural Networks and NLP algorithms. This enables it to realize the benefits of big data implementation. The future is about discovering AI led insights and this solution serves as the starting point in the context of analysis
  • It has an in-built pack of 30 business apps focused on retail, BFSI and manufacturing industries. The apps provide enterprises with meaningful insights from business specific KPIs. They also offer ease of integration across systems that may exist in current IT framework
  • The platform offers the ability to rapidly realize  business value for enterprises with the ready to implement business apps suite

Business benefits that enterprises can look forward from this solution are as follows:

  • Visible reduction in the time to insights leading to timely decisions and ability to respond more effectively to market demands
  • Easy integration of the business apps with incumbent systems using smart connectors offers predictability and reliability for business specific KPIs, alerts, and metrics , resulting in better operational costs
  • There is flexibility to customize the outcome as per business requirements, making it easier to gather insights that maybe more relevant to business needs
  • Enterprises can gather true business value data-driven contextual insights
  • Visible improved predictability of business outcomes
  • Higher adoption ready across enterprises with integrations like DevOps etc.

Zensar is a leading digital solutions and technology services company that specializes in partnering with global organizations across industries on their Digital Transformation journey. A technology partner of choice, backed by strong track-record of innovation; credible investment in Digital solutions; assertion of commitment to client’s success, Zensar’s comprehensive range of digital and technology services and solutions enable its customers to achieve new thresholds of business performance. Zensar, with its experience in delivering excellence and superior client satisfaction through myriad technology solutions, is uniquely positioned to help them surpass challenges around running their existing business most efficiently, helping in their legacy transformation, and planning for business expansion and growth through innovative and digital ways.

Mumbai headquartered RPG Enterprises is one of India’s largest industrial conglomerates. With over 15 companies in its fold, the group has a strong presence across core business sectors such as Infrastructure, Tyre, IT and Specialty. Established in 1979, RPG is also one of India’s fastest growing business groups with a turnover in excess of USD 3.2 Billion, 20000+ people and a global presence in over 100 countries. 

FGV and Rutgers University host debate on public sector data analytics

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In partnership with Rutgers University, FGV’s Brazilian School of Public and Business Administration (EBAPE) will host the “Public Sector Accounting & Data Analytics Colloquium” on May 26, from 8 a.m. to 3:20 p.m., at auditorium 1014 of FGV’s main office in Rio de Janeiro. The event will share insights based on research and practical outlooks surrounding the benefits of implementing advanced analytical methodologies in the public sector.

The Colloquium will analyze the growing demand for transparency and accountability within the management of public resources, rendering public auditors responsible for providing guarantees regarding the performance of programs and the financial status of public entities, ensuring its resources are spent appropriately.

The event’s participants will also discuss the findings of several scholar studies in the private sector, which indicate that Big Data and Data Analytics can provide accurate and timely assessments of both compliance and predictive audits. Therefore, the Colloquium will promote debate on how data analytics, open data and big data (unstructured) techniques can help governments identify useful information, patterns and trends that may otherwise not have been discovered through manual approaches.

The subjects to be covered during the event include the application of analytical methods, including text mining, recommendation systems, and other methods focused on audit projects within the public sector. Another topic of discussion will be the initiative by CIRA (Corporate Issuer Risk Assessment) and XBRL to enhance disclosure through smart data.

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You can now add automatically generated citations to millions of books on Wikipedia

Automatically generated citations to a world of books can now be utilized by any editor on Wikipedia. Photo via the National Library of Ireland, no known copyright restrictions.

It is no stretch to say that without books, Wikipedia would not exist.

The free encyclopedia relies on citations to ensure the information you find on Wikipedia is verifiable and based in reliable sources.  Even in the digital age, many of the highest-quality sources are the books available in your local library.

Yet despite their importance, adding references to Wikipedia has been difficult at times, requiring at minimum a basic knowledge of wikicode. Steady improvements have been made over the years to make it easier to add citations, including through the cite tool on Wikimedia’s visual editing interface. However, adding citations to books on Wikipedia is about to get a lot easier.


A new partnership between the Wikimedia Foundation’s Wikipedia Library and OCLC, a global nonprofit library cooperative, will allow editors to easily generate citations to millions of books on Wikipedia using OCLC’s WorldCat—the largest database of books in the world, spanning the collections of more than 72,000 libraries.

The WorldCat database will be integrated into the cite tool so that an editor can type in an ISBN, an identifier available inside hundreds of millions of published books since the 1970s, and get back a Wikipedia-ready book citation, including authors, titles, and publishers.

“Wikipedia and its editors worldwide collaborate to create one of the most popular global resources on the Web,” said Chip Nilges, OCLC Vice President, Business Development. “OCLC and its member libraries collaborate to make WorldCat the premier global resource for discovery of library collections. Through this partnership, dedicated editors and librarians worldwide are working together to make Wikipedia a richer research experience, and readers are finding supporting material they want through links to libraries.”

James Forrester, Product Manager for Editing at the Wikimedia Foundation, said:

We are driven by our desire to help our volunteer editors make the Wikimedia projects be the best they can be. We are building collaborative, inclusive tools for creating and editing free knowledge. That knowledge is underpinned by facts—referenced, organised, clear, and checkable facts.

Easily adding more references to Wikimedia wikis via ISBNs is a great boon to our editors and readers. It will help them double-check articles in their library, see further context, and find more knowledge to share. I’m very excited that we are partnering with OCLC and to see their wonderful WorldCat resource harnessed towards our shared mission.

A detailed step-by-step process on how to use this feature is below. It expands upon Wikipedia’s current method of citation auto-filling, which allows editors to generate a citation from a single online identifier, like a web address (URL) or digital object identifier (DOI).


How to use the cite tool

1) Click “edit” in the bar at the top of your page.

2) Switch to the visual editor

3) Use the visual editor’s cite function

4) Enter any ISBN

5) Cite tool automatically generates a citation using WorldCat’s ISBN data

6) The rich citation is added to Wikipedia

Boris., Juh, (2007-01-01), Sveto pismo zvočnica, Mladinska knjiga Založba, ISBN 9788611177434, OCLC 781329324

More information on this is available on


Wikipedia Library–OCLC partnership

This collaboration between the Wikipedia Library and OCLC deepens an already strong relationship between OCLC and the Wikimedia movement. In 2012, OCLC worked with a Wikipedian in Residence, Max Klein, to explore ways that library metadata could contribute to Wikipedia. The result of their work was a Wikipedia bot that adds VIAF authority control numbers (Virtual International Authority File) to Wikipedia infoboxes—in cataloguing-speak, adding numbers that easily and consistently identify people. Long-time Wikipedian and librarian Merrilee Proffitt, who works at OCLC Research, spearheaded the VIAF initiative. She was joined by Cindy Aden (née Cunningham) in a later collaboration with the Wikipedia Library; together, they pioneered the Wikipedia Visiting Scholar position and established positions at five universities.

Merrilee Proffitt said of the new WorldCat initiative, “Quality sources​ are at the heart of every Wikipedia article, be it a stub or a feature level article. We want adding citations to be as easy as possible, and it makes sense to harness identifiers to ease the burden. Thanks to the hard work of the thousands of catalogers and the contribution of OCLC member libraries, WorldCat contains ISBNs which​ can help when a source is a monograph. As an added bonus, the resulting citation helps lead end users to libraries where they can find those trusted sources and others like them—for free.”

At library conferences like American Library Association Annual, the Wikipedia Library and OCLC have often worked together to share information about each organization to interested librarians, and Lorcan Dempsey, Vice President and Chief Strategist of OCLC,has spoken progressively about Wikipedia’s growing role in the research ecosystem of library users. In March 2017, OCLC announced that they were hiring Monika Sengul-Jones as a Wikipedian-in-Residence, a position funded by a project grant from the Wikimedia Foundation, to facilitate their Wikipedia + Libraries: Better Together project. In 2016, OCLC was a winner of the Knight News Challenge for a project to promote participation of public librarians on Wikipedia.

This partnership empowers Wikipedia editors and readers to harness the impact of full and accurate citations. With improved access to references that back up the facts, Wikipedia becomes a better, richer free knowledge resource for all.

Jake Orlowitz, Head of the Wikipedia Library
Wikimedia Foundation

iFusion Analytics and Interoute Partner to Deliver Analytics at the Edge

New infrastructure reduces overheads and costs in delivering data securely and on demand

London, UK – 09 May 2017 – iFusion Analytics, a provider of integrated big data as a Service (iBDaaS), has partnered with Interoute, owner-operator of a global cloud services platform and one of Europe’s largest and most advanced networks, to deliver edge analytics. By combining iFusion’s iBDaaS platform and Interoute’s global network of interconnected Virtual Data Centres (VDCs), organisations will be able to process data closer to the original source so that analytic insights can be delivered in minutes, rather than the hours it could take running a query using solely a location locked physical server.

“Many people still don’t completely understand how big data works. Previously, running queries against large databases would take hours depending on the volume of data being interrogated and the client’s location,” explained Mark Lewis, EVP, Communications & Connectivity at Interoute. “Deploying analytics software on Interoute’s global network of interconnected Virtual Data Centres changes all of that and means big data insights can be extracted in minutes and used to inform everyday business decision making.”

To provide businesses with immediate insights and information, the partnership will enable iFusion to spin-up compute and storage on-demand to enable quicker database queries closer to the original data source. Big data will be processed at the edge of Interoute’s network before being securely collected, verified and sent to a central system for archiving. The central iFusion analytics system will provide an umbrella view of all the regional inputs so big data analytics is still performed for the overall organisation.

“The reach of Interoute’s private cloud capability will allow us to deliver unprecedented access to our disruptive, highly scalable analytics platform,” concluded Charlie McAlister, VP sales and business development at iFusion Analytics. “Our customers will be able to truly ‘act local and think global’ by quickly acting on data insights pertinent to the various levels of their organisation.”

All data will be transferred using Interoute’s low-latency, private network to protect the security and sovereignty of information. If local regulations prohibit personal data from crossing national boundaries then iFusion’s local collector will anonymise the required data so that it can be rolled up safely and securely. Interoute will also enable iFusion to run its infrastructure with a smaller team. Using Interoute’s Object Storage and connectors, big data applications can be cut down to a smaller size and pre-loaded as bespoke templates onto VDCs so that different types of analytics can be performed at local sites. 

About iFusion Analytics
iFusion Analytics provides highly scalable Integrated Big Data as a Service capability aimed at specific business problems.  The “Templated” approach delivers a complete stack from the solution to a business problem through the Big Data Software componentry down to the deployment architecture and delivers capability as a service to our customers in conjunction with our partners. We have a presence in UK, US, Europe and India with global reach via our partners and alliances.

DDN to Demonstrate Converged Appliance that Accelerates Immersive and Traditional Content Creation and Global Distribution

In DDN booth #SL8016, the company will provide demonstrations of MEDIAScaler, the only storage solution that delivers the highest performance while handling every aspect of the media lifecycle – ingest, editing, transcoding, collaboration, distribution, automated tiering, active archive and cloud – on a single, simple-to-manage platform. DDN’s integrated, end-to-end storage platforms deliver the necessary scale, capacity, access options and bandwidth capabilities for today’s demanding high-resolution media workflows.

DDN will also be highlighting its recently announced WOS® object storage capabilities, including its new Extended ObjectAssure™ data protection and S3 multi-site connectivity options that lower archive and disk backup costs and outperform public cloud for data transfer speed and reliability. With higher resolution, increased frame rates, VR and 3D stretching the limits of production storage, highly responsive, active archive solutions are gaining traction as organizations look for ways to keep more assets online and easily accessible but within budget.

In addition, representatives of Kollins Communications will be in the booth to share how Kollins decreased its video production time by 600 percent with DDN and to show how its customers are leveraging Kollins / DDN solutions to deliver multi-screen, UHD point of sale content reliably and cost-effectively. DDN will also highlight how other customers, such as Deluxe and Filmlance, are leveraging DDN storage solutions to solve their toughest data-related challenges.

DDN will also debut its new customer video highlighting MLB Networks’ use of DDN storage to streamline access to petabytes of live and archived high-definition Major League Baseball video content. In addition to being shown in its NAB booth, the video will be available on DDN’s website and complements DDN’s MLB Networks case study.

Urban Stormwater Workgroup Conference Call, April 2017 – 04/18/2017

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Urban Stormwater Workgroup Conference Call, April 2017

April 18, 2017

10:00 am – 12:00 pm

Location: Conference Call


Monthly meeting for the Urban Stormwater Workgroup. Agenda and materials will be posted when they become available. Contact Lindsey Gordon (.(JavaScript must be enabled to view this email address)) with questions.

Adobe Connect (enter as guest):

Conference line (do not put on hold): 866-299-3188

Code: 2675715#

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Sponsor: Urban Stormwater Workgroup

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Data Science Platform Market 2017 Global Analysis, Opportunities And Forecast To 2024

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.

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.

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. An ineffective flow of information across disconnected tools has given rise to the necessity of a data science platform that allows smooth functioning between the various software.

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This software provides highly efficient tools to integrate and explore information acquired from various sources ensuring simplicity in data organization, transparency and scalability of the work performed. This has, consequently, led to the advancements in big data technologies which is a major driving force in the data science platform market. 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.

Several government regulations pertaining to the security and privacy of the customers are restraining the data science platform market growth. Data governance is a quality control discipline which has hindered the industry demand. It ensures the formal management of essential data assets throughout the enterprise and enforces transparency and accountability. There is a lack of reliability on data science in organizations. The cost of investing into these tools is very high. Furthermore, the reliability of the data acquired is unstable and challenges the adoption of these platforms into an organization. To benefit from this software and to stay ahead, constant updating of the software is a necessity to cope with advances in data sources and tools which may provide growth prospects for the data science platform market.

Inclination of organizations towards business strategies that are data intensive are creating avenues to streamline the data science platform market growth. Deep learning, a sub-set of artificial intelligences, is a growing trend that is increasing the availability of data-sets. An increase in awareness and investment in this will lead to the emergence of new tools and technologies to manage big data and will consequently provide an opportunity aiding market growth. An efficient software can implement various functions such as marketing, logistics, human resources, operations, sales, and risk management and aid in the data science platform market demands.

Functional diversity in the implementation of this software will allow data science tools to gain a foothold in the marketplace. End-to-end platforms ensure smooth functioning of the data science project cycle, from collection and exploration to model deployment. It ensures swift action by scientists and are predicted to have a high ROI. The IoT technology and machine learning is predicted to experience exponential growth in the data science platform market. The emergence of unified cloud-based development environments has further assisted data scientists to enhance analyzing skills and collaborate machine learning and analytics into core businesses.

The deployment model segment is bifurcated into on premise and cloud-based deployment model. On premise segment will hold a significant industry share in the data science platform market due to confidentiality and privacy of organizational data. Cloud based systems are gaining in prominence across organizations, which will further propel the industry growth.

Based on business function, the data science platform market in segmented into marketing, logistics, human resources and operations. The logistics vertical segment is predicted to grow at a steady rate owing to easier information collection and ability to answer business queries with inputs derived through various sources. Effective network planning and optimization achieved through historical information insights of transportation routes is enabled.

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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

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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Data Discovery Market- Global Industry Analysis, Share, Growth, Trends, and Forecast 2016 – 2024

Data Discovery Market applications use visual tools comprising heat-maps, geographical maps, and pivot tables to make the process of finding patterns faster and intuitive. An exponential growth of big data has caused an increase in data traffic, which has resulted in the development of BI technologies. Hence, there is an increasing demand for data discovery software and solutions to evaluate the data and get actionable insights. Traditional BI tools have been known to increase the organizations’ dependence on technical staff leading to higher operational cost, which could be reduced by making use of data discovery services. These factors have caused data discovery market to rapidly replace BI tools.

Data Discovery Market size is anticipated to grow significantly over the future owing to the increasing demand of businesses for visualization and explorative data analysis services. As data is becoming more complex, most businesses require flexible functions that help in efficient access and preparation of data analysis. Data integration and preparation capabilities allow business users to connect to appropriate organizations and external data sources.

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Data discovery market is currently one among the most attractive Business Intelligence (BI) technologies. It is a decision-making platform, which understands, integrates, structures, and fine tunes the data. Also, it deals with the creation and usage of interactive reports that simplify visualization and understanding while simultaneously gathering explorable data from multiple sources and has become an important part of the BI architecture. Surging adoption of mobile broadband as well as growing machine-to-machine communication in organizations is expected to fuel the global 5G technology market size over the forecast period. Superior data transfer rates accompanied by less power consumption when compared to its predecessors is projected to positively impact demand from 2016 to 2023.

Emerging trends of self-service BI tools and a rising importance for data-driven decision-making are going to be major driving forces for the data discovery market growth. High emphasis has been placed on insights generation from an ever-growing number of multi-structured data sources. Big data will open new business opportunities that will provide avenues for organizations to gain a competitive advantage. Many organizations are fast realizing the benefits of making data analysis as a central focus part of their operations. In a customer-focused world, data discovery software help organizations to understand customer requirements at a more intimate level, integrate sales to marketing touch points, and decide the most effective way to utilize their marketing budgets. It eventually provides opportunities that could improve marketing campaigns within the organization. Vendors in the global data discovery market need to provide technical expertise, flexibility, and service consistency. Moreover, they are required to adapt as per the new economic and customer needs of organizations while simultaneously providing high-quality services and tools. The shift towards the need for real-time analytics is creating a demand for software tools for data analysis, which is another driver that propels the global data discovery market. These demands are met by data discovery tools that are faster, automated, and adaptive.

The data discovery market will face challenges in security & privacy. Cloud-based solutions may pose security threats due to the extensive data collection that is stored by third-party entities. Many organizations will find the shift from traditional architecture to new systems tedious. Uncertain Return on Investment (RoI) and stiff competition may hamper the growth of this market.

The software segment in the data discovery market is anticipated to exhibit the significant growth during the forecast timeframe. It ensures that the data is accurate, timely, and fits the user-specific tasks. Data discovery software is being used in various sectors and has numerous applications. The software filters and analyzes the aggregated data, which is analyzed to deliver a high throughput from several input data sources and organizations are then able to produce business-related insights. Data discovery tools are also being used for budgetary control management, asset & liability management, profitability management, general ledger management, and payables & receivables management. The data discovery market will witness the growing demand for consulting services attributed to the rising need for well-managed services.

Risk management applications in the data discovery market are expected to witness the huge adoption of data discovery solutions due to the exceedingly unstable financial environment and global operating models. Also, recognizing and managing risks are becoming crucial for financial organizations, which result in a substantial demand for visualization software. Industries requiring real-time intelligence to make immediate decisions in distant locations will benefit from advanced analytics.

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Increasing adoption of on premise deployment model is predicted as compared to cloud models. This is mainly owing to factors such as data protection and confidentiality of organizational data. The BFSI segment is expected to grow predominantly in the data discovery market, where such solutions are used to predict and tackle issues related to identifying the potential customer segments, drawing up efficient investment plans, and insufficient data modeling capabilities.

An increase in the adoption of these tools and software by SMBs will give rise to opportunities for the growth of data discovery market due to the low-cost cloud model availability. This is mainly attributed to the enormous quantity of data due to availability and usage of multiple media touch-points; for instance, social media and mobile applications.

U.S. is anticipated to lead the data discovery market owing to the early adoption of new and emerging technologies, large investments in cloud-based solutions, and the presence of a high number of businesses in this region. The Asia Pacific is anticipated to witness an exponential growth. due to the increasing demand for BI technologies such as data discovery software, among SMEs.

Vendors in the data discovery market include Datawatch Corporation, Platfora, TIBCO, SAP SE, Oracle Corporation, ClearStroy, and Datameer Tableau Software.

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  • Data Analytics Outsourcing Market Size, Industry Analysis Report, Regional Outlook (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Potential, Competitive Market Share & Forecast, 2016 – 2023

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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