The growth and popularity of R programming have been helping data-driven organizations succeed for years. Nearly every industry now sees data and analytics as a strategic competitive advantage, and R is the language of choice for the data analyst. Because of its popularity, not only is R helping drive success for companies using it, it’s driving its success as the industry standard for using data effectively. Here are a few examples of how companies use R to drive their bottom line.
According to NSE, the upcoming trends in technology Machine Learning(ML) would affect capital markets and create better efficiency in evolving the economy of the country.
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According to Semi annual Big Data Analytics spending guide from IDC (International Data Corporation) the big data analytics revenue to reach $260 billion by 2022 with a growth of 11.9% over 2017-2022 forecast period.
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Instagram is the largest photo sharing social media platform. 100 million photos and videos are uploaded on Instagram every day. A massive amount of data is generated and it is not possible for humans to analyze that amount of data. So they use the Python programming language to analyze data.
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According to a latest report from Zion Market Research, the global hadoop market was USD 7.69 billion in 2016 and is expected to reach approximately USD 87.14 billion by 2022. Growing at a CAGR of 50% between 2017 and 2022.
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