Mind Commerce Assesses Data as a Service (Daas) Market Opportunities

DaaS report identifies opportunities for large, mid-size, and small vendors

New York, NY -- (ReleaseWire) -- 10/14/2014 -- There is an emerging opportunity for Data as a Service (DaaS), which is not limited to Big Data (e.g. Unstructured Data) as there is also a need for solutions in support of Structured Data that is from public, private, and hybrid sources.

Data as a Service (DaaS) Market and Forecasts 2014 – 2019 provides DaaS forecast and identifies opportunities for large, mid-size, and small vendors to offer various enterprise data and cloud services. Mind Commerce sees an opportunity for vendors to capture data that is aggregated, process and add value to the data, and inform business-critical systems that manage enterprise resources, financial controls and even sales and marketing.

Leading DaaS companies such as IBM, Google, and Oracle will not be the only beneficiaries in the ecosystem as there are many problems to be solved that require various players in the ecosystem. Barriers to DaaS market realization include security concerns, reliability, regulation, interoperability, IT management overhead, and other factors.

Significant growth rates for the DaaS marketplace will be achieved through changes in certain business practices and also through deployment of SOA, virtualization, SDN, and advancement of IoT in certain key industry segments.

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