Big data as a service (BDaaS) is the big trend we are going to experience in the coming years. BDaaS is all set to grow at a substantial pace and it will change the perspective of how we look at the industry today and especially it will change the traditional methods and solutions of handling an enormous amount of data.
Quick Fact: One of the biggest market reporting website – “marketsandmarkets” has estimated the Global Big Data As a service (BDaaS) market size to grow from $11.3 Billion in 2019 to $42.7 Billion by 2024 and that is 30.5% Compound Annual Growth Rate (CAGR).
So what is Big Data as a service?
BDaaS offers a cloud-based big data service to help organizations deal with an immense amount of data to solve their business dilemmas. BDaaS involves using statistical solutions and information provided by an outsider to gain insights from huge data to solve data-related problems for organizations.
How to choose the best Big Data-As-A-Service provider?
For those who are looking to adopt and bring the power of big data into their organizations, here are a few points you need to consider before choosing the service provider.
Based on our research – here is the exclusive listing of the top 5 amazing start-ups offering Big Data-As-A-Service solutions.
About Xplenty
Xplenty is easy-to-use, cloud-based, data ingestions & integration service company. It is acquired by Xenon Ventures on Dec 18, 2018. Xplenty is on top of the list because of its intuitive drag and drops feature and zero-coding experience. With Xplenty it’s easy to manage, move, process, and transform a massive amount of data.
Xplenty offers out-of-the-box scalability and elasticity, which helps in processing a billion records per hour. Both structured and unstructured data can be processed by Xplenty and there are plenty of integrations and cloud storage services.
Features
Funding: $7 Million | Top Clients: Grofers, Fiverr, Catalina Labs |
Revenue: $17 Million | Major Investor: Waarde Capitals, Magma Venture Partners |
Funding Round: Venture Round | Market Segment: SME |
About Okera
Okera is one of the industry-leading platforms for tackling the hardest issues behind data access & governance across multi-cloud & hybrid environments. Okera uses multi-cloud platforms such as AWS and Azure to enable data customers, stewards, and owners to unlock the power of their data for innovation & growth.
Okera has the capability to automatically detect and audit data lakes, and create access policies using its visual policy engine.
Features
Funding: $29.6 Million | Top Clients: Collibra |
Revenue: $8 Million | Major Investor: ClearSky, Bessemer Venture Partners |
Funding Round: Series B | Market Segment: SMB |
About Equalum
Equalum is the fastest-growing start-up based in Israel. They provide real-time data analytics, seamlessly stream data for operations, and machine learning environments.
Equalum is one of the fastest data ingestion platforms that harness the power of cutting-edge technologies such as Apache, Spark, and Kafka. Their powerful open-source frameworks and zero coding approach with intuitive designs are helping organisations rapidly accelerate their businesses.
Features
Funding: $25 Million | Top Clients: SIEMENS, gsk, eog |
Revenue: $6 Million | Major Investor: Planven Entreprenuer Ventures, GE Ventures |
Funding Round: Series B | Market Segment: SMB |
About Atlan
Atlan is a big data analytics company that helps businesses and data teams to seamlessly execute data projects and allowing them to truly democratize both external and internal data while automating repetitive tasks.
Atlan has its spread over 50 countries while delivering its services to more than 200 teams. It has some out-of-box integrations including Amazon redshift, Amazon azure, snowflake, Google cloud, and Power BI. Atlan’s customer’s report shows up to 60x speed to insights, and 70% greater business engagement within 2 weeks. They also provide a free trial that includes Atlan starter & Atlan premier packs.
Features
Funding: $65.5 Million | Top Clients: Mahindra, Pepsi, Ola |
Revenue: $3 Million | Major Investor: Tenaya Capital, Sequoia Capital |
Funding Round: Series B | Market Segment: SMB |
About Rivery
Rivery is intuitive data ingestion & data integration platform that takes care of everything starting from aggregating data and transforming all external and internal data sources and data platforms into cloud-based solutions.
Rivery is a real-time data pipeline for your business and now you can automate ETL pipeline for cloud data warehouses, including Azure, Big Query, SnowFlake, and RedShift.
Features
Funding: $6.5 Million | Top Clients: Goodapple, ClimaCell, Cignal.io |
Revenue: $3 Million | Major Investor: State Of Mind Ventures |
Funding Round: Seed | Pricing: Free Trial – 14 days The basic plan starts from $100 and goes up to $1250 |
So this was the comprehensive list of the top 5 most popular data analytics companies providing Big data services at their best.
So what about other plenty of solutions in the market?
While we believe that data is key to get better insights, our ambition is to create detailed and most actionable intelligence for your businesses. The 5 startups showcased above are the most promising examples from plenty of sharks in the ocean, we analyzed for this article.