TECH SUPPLIER Mar 2020 - Market Share - Doc # EUR145314220
Western Europe Big Data and Analytics Vendor Shares, 2018: The Journey Toward End-to-End Platforms
By: Erica SpinoniResearch Analyst, European Software, David Wells
This IDC Market Share examines the Western Europe Big Data and analytics (BDA) software market for 2016 to 2018 and highlights the revenues and market shares of the leading vendors for 2018. It also shows an update for the first half of 2019. The study maps the market of the Western Europe vendors in three categories: analytics data management and integration platforms, business intelligence and analytics tools and platforms, and performance management and analytics applications.
"The Western Europe Big Data and analytics software market grew at a healthy rate of 8.6% in 2018, with seven suppliers accounting for 60% of revenue. Partially driven by pragmatic requirements for traditional decision support, but increasingly fueled by digital transformation (DX) initiatives, the effectiveness of analytics is frequently increased by the use of artificial intelligence (AI), embedded into analytics tools and developed in-house by their users to complement and extend their capabilities. Initiatives by enterprises to increase data literacy, often assisted by analytics tool vendors, are also increasing the business value that can be achieved," said David Wells, senior research manager, European Big Data and Analytics for IDC Europe.
Analytic applications, Big data analytics and discovery, Cognitive/artificial intelligence, Data access, analysis and delivery, Governance, Performance management, Relational database management systems
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