Cognitive Data Management Market will witness a rapid growth to 2024 (1) - PowerPoint PPT Presentation

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Cognitive Data Management Market will witness a rapid growth to 2024 (1)

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Request for TOC report @ Cognitive data management refers to the use of cognitive computing to automate the manual activities in data management. This helps in reducing the administrative burden imposed by the data management and minimize errors. Earlier, data management practitioners used manual processes to analyze the data. However, due to advancements in the technology and the development of intelligent algorithms & advanced tools, the data governance & management has become much easier. This is encouraging the demand for cognitive computing solutions among data-intensive industries such as retail, banking, manufacturing, and healthcare. – PowerPoint PPT presentation

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Title: Cognitive Data Management Market will witness a rapid growth to 2024 (1)


1
Cognitive Data Management Market predicted to
grow exponentially by 2024 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Cognitive Data Management
Market
  • North America is projected to dominate the
    cognitive data management market due to its
    advanced IT infrastructure and rapid adoption of
    technologies such as machine learning, AI, and
    big data analytics. The growth of the cloud
    computing technology and penetration of IoT
    platforms in the region are expected to generate
    massive volumes of complex data. This, in turn,
    increases the need for robust platforms that will
    handle data management tasks efficiently.
  • Asia Pacific is projected to exhibit a faster
    adoption rate in the use of cognitive computing
    platforms. The market is driven by the growing
    digitalization and the increasing penetration of
    smartphones in this region. The global technology
    players are also investing in advanced
    technologies to foster their business growth. For
    instance, in July 2017, Amway released e-commerce
    and artificial intelligence platforms in the
    Philippines to achieve 15 of its sales online.
    In this region, the enterprises are also adopting
    AI to reinvent their business models and are
    actively participating in the AI consortiums to
    boost their knowledge.

3
  • Application Analysis of Cognitive Data Management
    Market
  • Cognitive data management refers to the use of
    cognitive computing to automate the manual
    activities in data management. This helps in
    reducing the administrative burden imposed by the
    data management and minimize errors. Earlier,
    data management practitioners used manual
    processes to analyze the data. However, due to
    advancements in the technology and the
    development of intelligent algorithms advanced
    tools, the data governance management has
    become much easier. This is encouraging the
    demand for cognitive computing solutions among
    data-intensive industries such as retail,
    banking, manufacturing, and healthcare.

4
Competitive Market Share of Cognitive Data
Management Market
  • The market is analyzed to be highly fragmented
    due to the presence of both multinational and
    regional players. The key players in the
    cognitive data management market are Attivio,
    CognitiveScale, Cognizant, DATUM, Expert System,
    HPE, IBM, Immuta, Informatica, Infosys, Kingsland
    Systems, Microsoft, Oracle, Pingar, Reltio,
    Saksoft, Salesforce, SAP, SAS, SnapLogic,
    SparkCognition, StrongBox Data Solutions, Talend,
    Veritas, and Wipro. These players are deploying
    cognitive technologies to have a better control
    over their data management platforms. For
    instance, in June 2017, IBM introduced new data
    governance solutions tools, data science, and
    machine learning advances and formed the Open
    Data Governance Consortium for Apache Atlas to
    make advancements in the Open Framework for data
    governance. These initiatives helped developers
    and analysts to gain an understanding of their
    data and have improved their ability to comply
    with data regulations. Also, in November 2016,
    IBM in collaboration with General Motors
    introduced a cognitive mobility platform, OnStar
    Go. This platform gave millions of GM drivers the
    ability to connect and interact with their
    favorite platforms.

5

Browse Full Market Research Report On Cognitive
Data Management Market _at_ https//bit.ly/2QtG2NN
Request for an in-depth table of contents for
this report _at_ https//bit.ly/2O6qBsZ
6
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