How can big data help small businesses?Report
Global smartphone subscriptions have reached 2.6 billion as of 2014 (as referenced in the Ericsson Mobility Report for 2015). The report further notes that smartphone subscriptions are set to breach the 6 billion mark by 2020 at their current projected CAGR of 15%.
From a market cap of $27.36 billion in 2014 (Wikibon research), the market cap for Big Data Analytics solutions is projected to reach $125 billion globally (IDC Predictions 2015). IoT analytics have a five-year Compound Annual Growth Rate (CAGR) of 30%.
Clavax Technologies is a provider of big data analytics solutions that strives to enable businesses to merge multiple datasets from their independently functioning silos into a unified view.