Nucleus Research Releases 2024 Data Science and Machine Learning (DSML) Platform Technology Value Matrix
April 30 2024 - 11:17AM
Business Wire
Leaders in the DSML market include Alteryx, Amazon, Databricks,
Dataiku, Microsoft, and SAS.
The Data Science and Machine Learning (DSML) platform market has
continued to expand as data volumes surge exponentially across
industries and organizations increasingly rely on generating
actionable insights from this data to stay competitive.
“Data Science and Machine Learning platforms are crucial for
swiftly translating artificial intelligence models into real-world
applications,” said Senior Analyst Samuel Hamway. “As data volumes
continue to expand exponentially, these platforms provide essential
tools for efficiently processing and extracting valuable insights
from vast datasets. This capability is vital for organizations to
keep pace with the increasing complexity and scale of data they
handle.”
Vendors in the DSML market are driving product development
through enhanced data science workflows with advanced machine
learning, surpassing traditional BI tools in predictive and
prescriptive analytics. These tools integrate real-time data and
predictive modeling, manage unstructured data, and often empower
non-technical users, allowing organizations to do more with less.
Additionally, the inclusion of generative AI models expands many
vendor’s capabilities, enabling broader applications from content
creation to advanced analytics.
Leaders in this year’s Value Matrix deliver advanced
functionality without sacrificing ease-of-use at scale. These
include Alteryx, Amazon, Databricks, Dataiku, Microsoft, and
SAS.
The Experts in this year’s Value Matrix are organizations that
deliver value to customers with complex use cases through deep
functionality and industry-specific capabilities. These include
Google, MathWorks, Oracle, and Palantir.
Accelerators in this year’s Value Matrix deliver value through
greater ease of use and quick implementation. These include Altair,
DataRobot, and H2O.ai.
Core Providers deliver core capabilities with faster and less
expensive adoption. This year’s Value Matrix Core Providers are
Cloudera, Hex Technologies, IBM, and Samsung.
To download the full 2024 DSML Technology Value Matrix, click
here.
About Nucleus Research
Nucleus Research is the recognized global leader in ROI
technology research. Using a case-based approach, we provide
research streams and advisory services that allow vendors and end
users to quantify and maximize the return from their technology
investments. For more information, visit NucleusResearch.com or
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