Market Share of Brazil Big Data Analytics Industry
The Brazil big data analytics market is moderately competitive and has several significant players. In terms of market share, several players now lead the industry. However, new competitors are growing their market presence and, consequently, their company footprint across the region due to the progress in analytics across managed services. The massive increase in big data analytics technology's capabilities (caused by the accessibility of open-source tools) may also encourage businesses in the field to compete with one another and give away an excessive amount of improved product performance. Environmental factors drive up costs and reduce industry profitability.
In May 2023, Splunk security for SAP solutions attained the status of being an SAP-endorsed app and is now featured on the SAP store. SAP-endorsed apps are a class of products from SAP's partner ecosystem that assist clients in becoming more innovative, best-run businesses. Splunk Security for SAP solutions integrates security-relevant data from SAP environments into Splunk-powered security analytics and operational workflows. Endorsed apps are designed to give value with desired outcomes.
In November 2022, IBM announced new software to assist businesses in destroying data silos and analytics silos so they can quickly make data-driven decisions and handle unforeseen disruptions. IBM Business Analytics Enterprise offers users a comprehensive view of data sources throughout their business through business intelligence planning, budgeting, reporting, forecasting, and dashboard capabilities. This package also includes a new IBM analytics content hub that makes it easier for customers to find and access analytics and planning tools from many vendors in a single, customized dashboard view.
Brazil Big Data Analytics Market Leaders
QlikTech
Splunk Inc.
TIBCO Software Inc.
Cortex Intelligence Tecnologia S.A.
Tableau Software LLC
*Disclaimer: Major Players sorted in no particular order
