Text analytics is an emerging technology that is popular amongst various industries such as FMCG, BFSI, Telecom, Healthcare, etc. Text analytics software equip the companies to understand their customers better, and help them determine customers’ demands, purchasing patterns, etc., by analyzing the data generated from various sources.
Hadoop is a distributed processing technology used for Big Data analysis. Hadoop market is expanding at a significant rate, as Hadoop technology provides cost effective and quick solutions compared to traditional data analysis tools such as RDBMS. The Hadoop Market has great future prospects in trade and transportation, BFSI and retail sector.
Introduction of Light Detection and Ranging (LIDAR) systems have made the examination, detection and mapping of objects easier than conventional methods. Use of laser light provides accurate and precise data points in short time. LIDAR systems are used over conventional surveying methods due to their ability to provide highly accurate data and 3D images in a shorter time.