Information Technology Market Global Report 2017
LONDON, Aug. 17, 2017 /PRNewswire/ -- The information technology (IT) market deals with the application of computers, computer peripherals and telecommunications equipment to store, retrieve, transmit and maneuver data. It involves computer networking, broadcasting, systems design services and information distribution technologies like television and telephones.
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The Americas was the largest region in the information technology market in 2016, accounting for around 39% market share. This was mainly due to robust demand for services such as software services, cloud services, computer hardware and communication hardware from automobile, manufacturing, finance and professional services companies and individual customers. Asia was the second largest region accounting for around 27% market share. Europe was the third largest region accounting for around 25% market share.
Data Analytics - Data analytics is the transformation of raw data into useful information. It is used across all industries to find key information from raw data for better decision making. It examines large amounts of data to identify correlations and hidden patterns that may directly or indirectly affect business. Major companies across different industries are using data analytics tools. Data analytics are specific to the industry. Custom computer programming companies are offering customized data analytics tools based upon the functioning and demands of their clients. For example, the city of Toulouse in France is using IBM's social media analytics platform to identify and prioritize citizens' issues.
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