Sunday, August 1, 2021

Big Data stocks

Big Data is an evolving term for huge volumes of data that flood a business on a daily basis, coming from an ever-growing variety of sources.  Data sets are so large or complex that traditional data processing applications are inadequate. Challenges include analysis, capture, curation, search, sharing, storage, transfer, visualization, and information privacy.

Big Data companies, combined with analytics technology, help businesses achieve valuable insights in many areas. Moreover, this includes in-depth customer research, product development, cost management and competitive analysis. 

The application of data analytics affects organizations across practically every industry. For retailers, Big Data companies help them to get a better understanding of customers and the most effective ways to keep them coming back. Bankers use it to help minimize risk and fraud.

Big Data companies can specialize in various areas, including data mining and cleaning, data analysis, machine data, visualization and storage.

(by market cap)                        
Company name Mkt Cap
  1. DDOG  Datadog  49.25B New York, NY; provides monitoring and analytics platform for developers, information technology operations teams, and business users
  2. PLTR  Palantir Technologies  47.30B; Denver, CO; a software platform for government operatives in the defense and intelligence sectors
  3. MDB  MongoDB  33.39B; New York, NY; provides an open-source database platform for businesses, with a subscription-based software-as-a-service business model.
  4. SPLK  Splunk 27.02B; San Francisco, CA; provides intelligence software designed to help organizations search, correlate, analyze, monitor and report on data in real time.
  5. ESTC  Elastic  15.53B; Incorporated in the Netherlands and based in Mountain View, CA; its search technology finds information and insights from large amounts of data
  6. WK  Workiva  7.45B; Ames, Iowa; offers software to streamline complex business and reporting processes by connecting teams, documents and data from initial sources to final reports.
  7. AYX  Alteryx  5.09B; Irvine, CA
  8. NEWR  New Relic  4.83B; San Francisco, CA; infrastructure monitoring and analytics platform (DDOG is the leader right now)
  9. DOMO  Domo  2.987B; American Fork, UT; business intelligence tools and data visualization

Bigger techs:
  • MicroStrategy (NASDAQ:MSTR)
  • Hewlett-Packard (NYSE:HPQ)
  • Oracle (NYSE:ORCL) 
  • (NYSE:CRM)
  • Teradata (NYSE:TDC); offers Teradata Vantage, which is a data warehouse and analytics platform.

  • Cloudera (CLDR) acquired by Clayton, Dubilier & Rice and KKR for $5.3 bln (June 1, 2021)
  • Talend (TLND) acquired by Thoma Bravo for $2.4 billion. (Mar 15, 2021)
  • Tableau Software (DATA) was acquired by Salesforce (CRM) for $15.7 bln in stock. (June 10, 2019)

©Artremis / EAS (10/20/21)

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