Top 5 Big Data Analytics Companies of 2023

In this piece, we will take a look at top five big data analytics companies of 2023. If you want to take a deeper look at the big data industry and what the top firms are doing, head on over to Top 15 Big Data Analytics Companies of 2023.

5. Oracle Corporation (NYSE:ORCL)

Latest Market Capitalization: $310 billion

Oracle Corporation (NYSE:ORCL) is another enterprise computing software company with different products for business operations such as supply chain and manufacturing management. It also offers big data analytics platforms that use a variety of different programming languages and environments.

Insider Monkey dug through 943 hedge funds for their March quarter of 2023 shareholdings to find out that 67 had owned Oracle Corporation (NYSE:ORCL)’s shares. Out of these, the firm’s largest shareholder is Jean-Marie Eveillard’s First Eagle Investment Management with a $1.9 billion stake.

4. NVIDIA Corporation (NASDAQ:NVDA)

Latest Market Capitalization: $1 trillion

NVIDIA Corporation (NASDAQ:NVDA) makes and sells graphics processing units. On the big data front, its subsidiary Bright Computing makes software that allows controlling clusters of high performance computing (HPC) systems which are typically used in big data analytics.

As of March 2023, 132 of the 943 hedge funds profiled by Insider Monkey had invested in the computing company. NVIDIA Corporation (NASDAQ:NVDA)’s largest investor in our database is Ken Fisher’s Fisher Asset Management through a stake worth $2.7 billion.

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

Latest Market Capitalization: $1.3 trillion

Amazon.com, Inc. (NASDAQ:AMZN) is one of the biggest players in the big data analytics scene. Its Amazon EMR platform is geared for these use cases, as it supports several workloads such as Hive and Presto.

During 2023’s first quarter, out of the 943 hedge funds part of Insider Monkey’s database, 243 had bought and owned Amazon.com, Inc. (NASDAQ:AMZN)’s shares. Out of these, the largest investor is Ken Fisher’s Fisher Asset Management with a $4.2 billion stake.

2. Alphabet Inc. (NASDAQ:GOOG)

Latest Market Capitalization: $1.48 trillion

Alphabet Inc. (NASDAQ:GOOG) is a diversified technology company, whose big data analytics platform enables users to run SQL implementations for fast queries, consolidate large amounts of data, and manage data virtually.

As of March 2023, 155 of the 943 hedge funds polled by Insider Monkey had invested in the company. Alphabet Inc. (NASDAQ:GOOG)’s largest hedge fund shareholder is Ken Fisher’s Fisher Asset Management with an investment of $4.3 billion.

1. Microsoft Corporation (NASDAQ:MSFT)

Latest Market Capitalization: $2.47 trillion

Microsoft Corporation (NASDAQ:MSFT)’s Azure cloud computing service and Intelligent Data Platform are some of the most potent big data analytics platforms on the market. Its Azure Data Explorer allows for consolidating data from a variety of sources such as factories and IoT gadgets.

Insider Monkey’s Q1 2023 survey of 943 hedge funds revealed that 289 had owned Microsoft Corporation (NASDAQ:MSFT)’s shares. Out of these, the largest investor is Michael Larson’s Bill & Melinda Gates Foundation Trust with an $11 billion stake.

Disclosure: None. You can also take a look at 10 Best Data Storage Stocks To Buy Now and 15 Best Coding Games to Learn Programming for Beginners.

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