Cloud Analytics; Used To Analyze Data on Cloud to Get Useful Information and Better Insights

 

Cloud Analytics Market

Cloud analytics is a marketing term for businesses to carry out analysis using cloud computing. Cloud analytics involves deployment of scalable cloud computing algorithms with powerful analytic software to identify patterns in data and to extract new insights. It is a type of analytics model that moves data processing and storage operations to a private or public cloud network. Cloud analytics encompasses any kind of business intelligence or data analytics performed on a cloud in conjunction with a service provider.

It is the process of storing and analyzing data in the cloud and using it to extract actionable business insights. Cloud analytics describes the application of analytic algorithms in the cloud against data in a private or public cloud to then delivers a result of interest. Cloud Analytics refers to the manipulation and analysis of data that happens in the cloud instead of locally, in an on-premises business system. Cloud analytics describes the application of analytic algorithms in the cloud against data in a private or public cloud to then deliver a result of interest.

Cloud analytics has endless use cases. It can be used to analyze website traffic, climate trends based on satellite data, financial market data, production efficiency at a factory, or understand what’s being captured by sensors, cloud analytics is a promising solution. Cloud analytics is a service model in which elements of the data analytics process are provided through a public or private cloud. It encompasses any kind of business intelligence or data analytics performed on a cloud in conjunction with a service provider.

Furthermore, cloud analytics solutions offer data warehousing as a service so that the business can scale quickly and easily. The U.S. has emerged as the largest market, due to the increasing investments and presence of vendors who are exploring the use of AI (artificial intelligence) and NLP technologies for various applications.

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