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At the 2012 Oracle/Java One show, Oracle President Mark Hurd talked about Big Data challenges associated with machine data. Today already 9 billion devices are attached to the Internet. A 2011 study by Ericsson estimated that by 2020 that number…
It seems like companies everywhere are revving up pilot projects to experiment with Big Data. The reason for their interest is that many of these companies are hoping that Big Data will prove to be a sort of high-tech crystal…
A report from IBM and Oxford’s Saïd Business School found that two-thirds of organizations think that the use of Big Data could be useful to their organization. But, at this point, 70 percent of them are only in the very…
Businesses are spending on Big Data. $29 billion this year, according to Gartner. Of the $29 billion, $5.5 billion is being spent on software while the remainder is going to IT services. That’s about a factor of five ratio between…
Gartner forecasts that IT spending on Big Data will grow from $27 billion in 2012 to $55 billion in 2016. IDC, more conservatively, forecasts that Big Data spending will increase from $3.2 billion in 2010 to $16.9 billion in 2015.…