2024 DSML Platform Technology Value Matrix

April 30, 2024 - Research Y49

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In 2024, Data Science and Machine Learning (DSML) platforms are vital as data volumes grow and the need for actionable insights increases. These platforms enhance data science workflows with advanced machine learning, surpassing traditional BI tools in predictive and prescriptive analytics. They integrate real-time data and predictive modeling, manage unstructured data, and often empower non-technical users, allowing organizations to do more with less. Additionally, the inclusion of generative AI models expands many vendor’s capabilities, enabling broader applications from content creation to advanced analytics.

For a detailed description of the Value Matrix methodology: Understanding the Value Matrix

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Nucleus Research names Alteryx, Amazon, Databricks, Dataiku, Microsoft, and SAS as leading providers of DSML platform technology.