Data Lake Market to reach $80.2 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
Inc., Starburst, Teradata, EDB, Snowflake, IBM, Informatica Corporation, SAS Institutes, Koverse, Amazon Web Services, Idera (Qubole), Dremio, among others. Selbyville, Delaware, April 29, 2024 (GLOBE NEWSWIRE) -- The data lake market valuation is predicted to exceed USD 80.2 billion by 2032, as reported in a research study by Global Market Insights Inc. The market is witnessing a surge in demand fueled by burgeoning collaborations among industry leaders. As companies recognize the imperative of harnessing data for informed decision-making, partnerships emerge as catalysts for innovation and efficiency. The synergy between organizations facilitates the pooling of resources, expertise, and data assets, driving the evolution of robust Data Lake services. For instance, in December 2023, in a strategic partnership, Union Bank of India teamed up with Accenture to craft and implement a scalable, secure enterprise data lake platform. This initiative aimed to empower the bank with cut
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