Buying these big data stocks can scale up your investments

Data is the new gold as big tech is emerging as the latest trend these days. While coming to big data and data analytics, they are the bedrock of modern tech society. According to the latest survey, the global big data market size is likely to grow from USD 138.9 billion in 2020 to USD 229.4 billion by 2025, growing at a CAGR of 10.6% during this period. This is how big data and data analytics is going to evolve in the coming years. And so many investors are willing to invest in the top big data stocks to benefit from those in the coming days. Let's look at the trending data analytics stocks to buy in the market.

Splunk

Splunk Inc. develops and markets software solutions that can enable companies to gain real-time operational intelligence in the United States and internationally. The company was launched in 2003 and is headquartered in San Francisco, California. It offers Splunk Enterprise, which is a kind of real-time data platform that includes indexing, collection, reporting analysis, and data management capabilities for machine data. Splunk offers application programming interfaces and software development kits, customer support, maintenance, training, consulting, and implementation operating Splunkbase and Splunk Answers Websites. This is one of the best big data stocks to invest in in 2022.

Elastic N.V

Elastic N.V is a search company that delivers technology that enables users to search through both structured and unstructured data for a range of consumer and enterprise applications. The company was launched in 2012 and is headquartered in Mountain View, California. It offers Elastic Stack, which is a set of software products that ingest and store data from various sources and formats such as analysis, search, and visualization. Elastic also offers solutions on Elastic Stack that can address cases, such as app search, workplace search, site search, logging, application performance management, metrics, business analytics, and other security analysis. This is one of the big data stocks to buy.

Alteryx

Alteryx, Inc offers an end-to-end analytics platform for data scientists and data analytics across the globe. The company was formerly known as Alteryx, LLC but recently changed into Alteryx, Inc. Alteryx was launched in 1997 and is headquartered in Irvine, California. The company offers Alteryx Analytics Gallery, which is a cloud-based collaboration offering users to share workflows in a centralized repository allowing users to gain valuable insights into its platform. The platform also aids in providing technical support, instruction, and customer services. This is one of the top big data stocks to invest in in 2022.

MongodDB

MongodDB, Inc operates a general-purpose database platform across the globe. It was formerly known as 10gen, Inc. The company was founded in 2007 and is headquartered in New York. It offers MongoDB Enterprise Advanced, which is a subscription package for enterprise customers to run in the cloud, in a hybrid environment, on-premise, which includes the functionality that developers need to get started with MongoDB. The company provides professional services such as training and consulting. This is one of the big data stocks to invest in in 2022.

Datadog

Datadog, Inc is a company that offers monitoring and analytics platforms from developers, IT operations teams, and other business users in the cloud in North America and internationally. It was launched in 2010 and is headquartered in New York. The company's SaaS platform integrates and automates infrastructure monitoring, log management, application performance monitoring to provide real-time observability of customers' technology stack. This is one of the big data stocks to buy in 2022.

Workivia

Workivia, Inc along with its subsidiaries provides connected compliance platforms and reporting worldwide. The company was launched in 2008 and is headquartered in Ames, Iowa. It offers controlled collaboration, data integrations, data linking, granular permissions, full audit trail services, and process management that includes data integration to building customer relationship management from the third-party cloud and on-premise systems. This is one of the big data stocks to invest in in 2022.

Cloudera

Cloudera, Inc provides a suite of management products and data analytics in the US, Europe, and Asia. It was launched in 2008 and is headquartered in Palo Alto, California. The company runs through two of its segments, Subscription, and Services. It provides Cloudera SDX, which is a solution that enables common security, lineage, governance, and metadata management for multiple analytics functions, and while coming to Cloudera Workload XM, an analytic workload experience management cloud service. This is one of the top big data stocks to invest in in 2022.

Talend S.A.

Talend S.A provides data integration and integrity solutions for various industries in Europe, America, the Middle East, Africa, and the Asia Pacific. The company was launched in 2005 and is headquartered in Suresnes, France. The company sells its products directly to customers using its salesforce and indirectly using channel partners too. This is one of the big data stocks to invest in in 2022.

New Relic

New Relic, Inc is a software-as-a-service company that provides a platform that companies use to develop, build, and operate their digital business across the globe. The company was founded in 2007 and is headquartered in San Francisco, California. It sells its products through sales organizations, online and offline sales. This is one of the big data stocks to invest in in 2022.

Snowflake

Snowflake Inc. provides cloud-based data platforms in the United States and internationally. The company's platform enables customers to consolidate data into a single source of truth to drive meaningful business insights, share data, and build data-driven applications. This is one of the big data stocks to invest in in 2022.