New Product Launches, and Expansions are Some of the Significant Strategies Embraced by the Market Players to Accomplish Development in the HPDA Market
High Performance Data Analytics (HPDA) refers to deploying High Performance Computing (HPC) techniques together with analytics solutions to analyze the large amount of data with faster speed and higher resolution. The merger of HPC technologies and enterprise computing have evolved new opportunities for robust data analytics across a wide range of industries. Organizations prevailing in various industries have shown the need to analyze both historical as well as real-time data to get actionable insights and quicken up the decision-making process. The proliferation of open source frameworks (Hadoop) for big data analytics has fueled the growth of HPDA market. The market is projected to be USD 78.26 Billion by 2021, and to grow at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast year (2016-2021).
Various vendors prevailing in the market space include Cisco systems (U.S.), SAP SE (Germany), Red Hat Inc. (U.S.), Dell Inc. (U.S.), Teradata Corporation (U.S.), SAS Institute (U.S.), International Business Machine (IBM) Corporation (U.S.), Hewlett Packard Enterprises(HPE) (U.S.), Oracle Corporation (U.S.), Microsoft Corporation (U.S.), Intel Corporation (U.S.), Cray Inc. (U.S.), Juniper Networks (U.S.), and ATOS SE (France). Players in this sector have embraced different strategies to extend their worldwide presence and expand their market shares. Partnerships, collaborations, acquisitions, new product launches, and expansions are some of the significant strategies embraced by the market players to accomplish development in the HPDA market. IBM and HPE have adopted these strategies to enhance their product portfolio in order to cater to their clients in a better way in the HPDA market space.
IBM Corporation is one of the leading players in the HPDA market. The company has adopted inorganic strategies to enhance its presence in this market space. Collaboration, partnership, and expansion are a part of IBM’s strategy to remain one of the global players in the HPDA market. In November 2015, the company announced a strategic alliance with Xilinx, Inc., to develop high performance and energy-efficient data center applications for its end users. The combined entity would provide an enhanced processing system which would reduce the overall cost of operations and accelerate data center workload.
Microsoft Corporation is another major provider of HPDA solutions. The company has various offices worldwide including the Americas, Europe, Middle-East and Africa (EMEA), and Asia-Pacific (APAC). The global conglomerate offers a broad range of products related to advanced analytics, big data discovery, and cloud analytics. The company focuses more on organic growth to tap into the HPDA market. For instance, In July 2016, Microsoft updated its HPC Pack, a free HPC solution built on Microsoft Azure and Windows server technologies. The update is applicable on Microsoft HPC Pack 2008, Microsoft HPC Pack 2008 R2, Microsoft HPC Pack 2012, and Microsoft HPC Pack 2012 R2.
Related Reports:
High Performance Data Analytics (HPDA) Market by Component (Hardware, Software, and Services), Data Type (Unstructured, Semi-Structured and Structured), Deployment Model (On-Premises and On-Demand), Vertical, and Region - Global forecast to 2021
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