Data Quality Tool Market Size Is Expected to Reach US ~$XX Billion By 2023 (SARS-CoV-2, Covid-19 Analysis)

Today’s savvy companies know that process optimization means maximizing profit by using existing human and capital assets.

Optimization is achieved by improving yields, quality, and throughput while minimizing capital expenses.Oftentimes, companies spend a lot of time and money collecting data, but they don’t make full use of the data collected.

With a data mining tool, valuable information can be extracted from large databases saving time and improving processes.Top 10 Data Mining Tools To Supercharge Your Data1.RapidMiner StudioAdvertisementThis is a visual design environment that can help you quickly develop a predictive analytic workflow.

RapidMiner Studio comes with a library loaded with machine learning algorithms, model evaluation tools, data preparation and exploration functions.Data analysts can use the existing R and python code to add new functionalities via a marketplace which has many pre-built extensions that will help your data mining processes to be more effective.RapidMiner use cases:Machine learningText miningData miningPredictive analysisBusiness analysis2.Knime Analytics PlatformKnime is a reporting and integration platform that combines various components for use in data mining and machine learning.

It works by using a data pipeline concept that has a graphical interface that allows the use of nodes for data processing.

Very few open source solutions have a wide range of features like Knime.It comes as a suite of software applications that include collaborative extensions like Knime Server Lite, Knime TeamSpace, Knime Server and Knime WebPortal.With this data mining tool, you’ll get access to more than 1000 data analytic routines either through R and Weka or natively.Knime use cases:Image processingText analyticsSocial media analysisNetwork analysisData mining

However, the ability that sets them apart in these spaces relies on the dexterity of obtaining result-driven sales data.New research from Experian Data Quality states that 88% of companies have a direct impact on their results due to inaccurate data, while an average company loses 12% of its revenue just because they fall short in B2B lead generation.

And what keeps them away from generating high-quality leads is the crucial quality data.

After all, it’s not just about raising the conversions counts; it is about protecting a business from the risk that may arise due to communication with incorrect contact information.

Those who lead their organization to accurately manage data and understand its inherent value will reap the benefit.Quality data has several beneficial effects on organizationsThe better the data quality, the more confidence users will have in the results they produce, reducing the risks of the outcomes, and increasing efficiency.

And when results are reliable, uncertainties and risks in decision making can be limited.Employees can be more productive with quality data.

Better data direct to more precise contact discovery and communication, especially in omnichannel environments driven by many organizations.Incorrect data can, in many ways result in lost revenue in communication that cannot be converted to sales, for example, if the primary customer data is indecent.

The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.

It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.

Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.

Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.

Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.

Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size  By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.

Tredence’s data quality management services provide end-users with high-quality data to make effective strategic decisions and accelerated business outcomes.