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If one goes with that figure, then the Big Data as a Service (BDaaS) market has the scope to grow to about $2.55 billion, which is 15 percent of the Big Data market.
With a vast majority of industries generating big volumes of unstructured data the process of making decisions becomes a lot tougher for businesses and eventually requires the insights of Big Data Analytics.
It has created plenty of opportunities for a Data Analytics Company to devise strategic plans for implementing Big Data into different Industries and improve the overall customer experiences.Learn More at : Big Data Services
Data lakes are a way of accumulating and processing data without any predefined structure, the purpose of which is not determined at the moment.
Just as data lakes, warehouses were initially created for enabling enterprises to store large sets of information and process it.
On the contrary to that approach, data warehouses contain data that was previously processed to match the following operations better.Please read the full article Data Warehouse vs Data Lake: Key Difference and How to Choose an Appropriate Option to know more about the difference between these two approaches.
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