Big data analytics is used to process large amounts of data generated every day across industries and turn them into interpretable insights. According to Information Age, data analytics increased from 17% in 2015 to 59% in 2018. Next year, the data analytics industry is expected to increase even more, with Maryville University calculating that the annual growth rate will be 11.5%. This reflects how more industries are taking advantage of the power of big data analytics. For many businesses, big data analytics is the key to creating more services that lead to a more targeted customer experience and ultimately more profit. Source: EKA – How Big Data Analytics Can Transform Agriculture and Farming
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Source: CTRM Center