KUALA LUMPUR, April 20 -- Data technology provider, Fusionex has been recognised as a key global player offering Big Data solutions and services in the latest MarketsandMarkets 2020 report.
Fusionex is the only ASEAN company to be cited in the report, according to a statement.
The market research firm’s comprehensive report analyses Big Data Market by Component, Deployment Mode, Organization Size, Business Function (Operations, Finance, and Marketing and Sales), Industry Vertical (BFSI, Manufacturing, and Healthcare and Life Sciences), and Region - Global Forecast to 2025 state that the Big Data market is forecasted to grow in size from US$138.9 billion in 2020 to US$229.4 billion by 2025. (US$1 = RM4.368)
“This recognition validates the strides we have made in providing innovative-driven solutions that continue to make an impact in aiding organisations and enterprises overcome even the most complex digital challenges, by turning them into opportunities,” said Fusionex Group Chief Executive Officer, Datuk Seri Ivan Teh.
When including Fusionex in the report, MarketsandMarkets took into account key technology players that are capitalising on major Big Data growth factors including heightened awareness of the Internet of Things devices among organisations.
The report stated that numerous companies are implementing big data solutions and services to evaluate their internal processes and enhance operations. Big data implementation assists companies to strike the right balance between operational cost, speed, flexibility and quality.
More details at www.fusionex-international.com.
-- BERNAMA
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