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(Hosting-NewsWire.com, May 18, 2018 ) Potential growth in demand for enterprise data
Modern enterprises are becoming more and more data oriented. They rely too much on their enterprise data for business decision making. Enterprises nowadays generate huge volume of data every day.
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Whether it is customer relationship management, transaction processing system, supply chain management or any other enterprise grade system, all generate mass volume of data. The growth of enterprise data is expected to rise massively in the coming years, increasing the demand for fast complex event processing tools. Moreover, IoT-based solutions where high volume of data gets generated every second will foster the adoption rate of complex event processing software in the upcoming years.
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The North America region is expected to contribute the maximum market share to the overall CEP market.
This market is in the growing stage in Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America, therefore CEP applications in these regions have immense scope for enhancement. Moreover, there is huge return on investment in the CEP market as opportunities for augmented performance are always increasing, hence CEP application vendors continue to visualize more effectively on the need for applications and services across all the regions.
CEP market has been segmented into applications, deployment models, service types, user types, industries, and regions. Applications of CEP include algorithmic trading; electronic transaction monitoring; dynamic pre-trade analytics; data enrichment; fraud detection; governance, risk and compliance; asset management and predictive scheduling; geo-fencing and geospatial analysis. Deployment models are segmented into cloud and on-premise. Service types are consulting; installation and maintenance; training and support; and ma
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Source: EmailWire.Com
Source: EmailWire.com
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