target audience: TECH BUYER Publication date: Mar 2024 - Document type: IDC MarketScape - Doc Document number: # US51053123
IDC MarketScape: Worldwide Analytic Stream Processing Software 2024 Vendor Assessment
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Abstract
This IDC MarketScape on worldwide analytic stream processing software vendor assessment for 2024 discusses the increasing need for real-time analytic solutions in businesses and growth of the streaming analytics software market. This document evaluates various vendors based on their stream processing capabilities and market strategies. It also provides advice for technology buyers and outlines the vendor inclusion criteria. The document concludes with a summary of each vendor's strengths, challenges, and considerations for potential buyers.
"The speed of business has increased, as organizations need to respond to and make decisions based on what is happening now, not what happened yesterday, last week, or last month, " said Stewart Bond, vice president, Data Intelligence and Integration Software Research at IDC. "Organizations require real-time analytics solutions fed by streams of data; the market has responded and is experiencing significant growth, but not all analytic stream processing products are created equal, thus requiring an objective evaluation of what is in the market."