More poignantly, the company has one of the biggest commercial Hadoop clusters in Europe, with over 694 heterogeneous nodes running approximately 7,000 jobs a day.īack in Berlin! Data Natives 2022, in person and online - tickets available now! With over 6 million paying subscribers, 1.5 billion playlists and more than 20 million songs, an estimated 1.5 terabytes of compressed data is produced daily. Spotify, which is allegedly preparing for an IPO later this year, is a great example of the power of big data analytics. These streaming services use data not only to enhance engagement and provide a personalised experience, but also to discover upcoming artists and make forecasts on their potential for success. These companies have revolutionised the way people listen to music – especially Spotify which delivered about 4.5 billion hours listening time in 2013 alone – and it is beyond doubt that their use of big data has played a pivotal role in the way the industry has evolved. Undoubtedly, services like Spotify, Deezer, Grooveshark and Pandora have all played a major role in maintaining the industry’s steady progress.
In contrast to that, over a decade of stagnation has seen Europe’s overall record sales grow by just 4.3 percent. Over the past few years, music subscription services have seen incredible growth, with revenues up by 51 percent in 2013 and the $1 billion threshold crossed.