Risk Management With Predictive Analytics

The amount of data generated today from all industry domains is very valuable. Over the decades, big data analytics trends are evolving, from a departmental approach to a business-driven data approach, while embracing agile technologies. Earlier, big data was mainly deployed by big organizations, who could afford the technology and channels used to compile and analyze the information. However, today the scope of big data is changed leading to business enterprises large or small relying on big data for intelligent business insights. Therefore, in terms of deployment, more than 70 percent of BDA software revenues in 2019 will go toward on-premises solutions. Revenue for BDA software delivered via the public cloud will experience very strong growth over the five-year forecast (32.3 percent CAGR) and will represent more than 44 percent of the total BDA software opportunity in 2022.