Market Share of Brazil Big Data Analytics Industry
The Brazilian big data analytics market is moderately competitive and has several significant players. In terms of market share, several players lead the industry. However, new competitors are increasing their market presence and, as a result, expanding the company's reach throughout the region due to advances in analytics within managed services. The massive increase in big data analytics technology's capabilities (caused by the accessibility of open-source tools) may also encourage businesses in the field to compete with one another and give away an excessive amount of improved product performance. Environmental factors drive up costs and reduce industry profitability.
September 2023: Informatec announced the collaboration with Toccato to launch Brazil's iVIEW Data Automation Framework. This Qlik-integrated toolkit framework offered a solution for business for three core products: Dataflow for data integration, iVIEW Library for data governance, and iVIEW Designer for data visualization.
March 2023: TIBCO Software Inc. announced a series of enhancements to its analytics suite, delivering immersive, smart, and real-time analytics that empower customers to take action and benefit from faster, smarter insights. Game-changing updates to TIBCO Spotfire and other scalable analytics solutions close the gap between understanding and action, building on existing capabilities to accelerate time-to-decision and lower operations costs.
Brazil Big Data Analytics Market Leaders
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QlikTech
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Splunk Inc.
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TIBCO Software Inc.
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Cortex Intelligence Tecnologia S.A.
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Informatec Ltd.liab.Co.
*Disclaimer: Major Players sorted in no particular order
