5 Biggest Data Mining Companies in the World

In this piece, we will take a look at the five biggest data mining companies in the world. For more companies, head on over to 15 Biggest Data Mining Companies in the World.

5. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holdings: 89

NVIDIA Corporation (NASDAQ:NVDA) is a graphics processing unit (GPU) designer whose products are used by consumers and companies for several different purposes such as gaming and data mining.

NVIDIA Corporation (NASDAQ:NVDA)’s GPUs are the leading hardware platform for data analytics and data mining. These enable firms to cut down data preparation times by more than 60% and end-to-end analysis time by more than 80%. NVIDIA Corporation (NASDAQ:NVDA) also lets firms utilize Python analytics through cloud computing.

89 out of the 920 hedge funds polled by Insider Monkey for this year’s third quarter had bought NVIDIA Corporation (NASDAQ:NVDA)’s shares. NVIDIA Corporation (NASDAQ:NVDA)’s largest shareholder is Ken Fisher’s Fisher Asset Management, which owns 12 million shares worth $1.4 billion.

4. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holdings: 117

Salesforce, Inc. (NYSE:CRM) is a cloud software services provider. The firm targets enterprise users and allows them to focus on customer engagement and marketing analytics.

Salesforce, Inc. (NYSE:CRM) allows customers to generate end-to-end visibility in their business processes. Its platform then leverages this visibility for process mining as well, with the users being able to analyze and evaluate real time sales performance to determine inefficiencies by assigning data to clusters.

By the end of Q3 2022, 117 out of the 920 hedge funds part of Insider Monkey’s survey held a stake in Salesforce, Inc. (NYSE:CRM). Out of these, Ken Fisher’s Fisher Asset Management is Salesforce, Inc. (NYSE:CRM)’s largest shareholder through a $1.8 billion stake that comes courtesy of 12 million shares.

3. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holdings: 196

Alphabet Inc. (NASDAQ:GOOGL) is an American company that is at the heart of the modern day Internet. Its search engine lets users discover content and products, and the firm also has a video streaming platform and gadgets.

Data mining sits right at the center of Alphabet Inc. (NASDAQ:GOOGL)’s daily operations. It mines through millions of search queries to deliver the right content for both its video streaming and search engine platform. Alphabet Inc. (NASDAQ:GOOGL) also has a large data mining research division.

Insider Monkey took a look at 920 hedge fund portfolios for their September quarter of 2022 investments and discovered that 196 had invested in Alphabet Inc. (NASDAQ:GOOGL). Alphabet Inc. (NASDAQ:GOOGL)’s largest investor is Chris Hohn’s TCI Fund Management. It owns 52 million shares that are worth $5 billion.

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holdings: 269

Microsoft Corporation (NASDAQ:MSFT) is one of the largest technology companies in the world that provides both software and hardware products. The firm is headquartered in Redmond, Washington.

Microsoft Corporation (NASDAQ:MSFT)’s Azure Analysis Services division offers structured query language (SQL) data mining features that allow users to deploy and employ Microsoft Clustering, Microsoft Regression, Microsoft Naive Bayes, and Microsoft Decision Trees data mining algorithms, among others.

As part of their Q3 2022 portfolios, 269 out of the 920 hedge funds polled by Insider Monkey had held a stake in Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT)’s largest investor is Michael Larson’s Bill & Melinda Gates Foundation Trust, which owns 39 million shares worth $9 billion.

1. Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holdings: 269

Amazon.com, Inc. (NASDAQ:AMZN) is an electronic commerce platform provider that allows merchants to connect with customers online. The firm also operates warehouses for product delivery.

Amazon.com, Inc. (NASDAQ:AMZN)’s warehouses use data mining for mapping out consumer behavior. This enables firms that use Amazon to learn more about their product performance, marketing campaigns, and pricing to improve customer experience. Amazon.com, Inc. (NASDAQ:AMZN)’s data mining platform also enables advertisers to view their ad performance in the form of campaign reports.

Ken Fisher’s Fisher Asset Management is Amazon.com, Inc. (NASDAQ:AMZN)’s largest shareholder in our database via a $5.6 billion stake that comes through 49 million shares.

Disclosure: None. You can also take a look at Most Valuable Irish Companies in the World and 20 Biggest Gaming Companies in the World. 

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