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Big Data and the related data analytics market segment are expected to grow 40 percent over the next three years, taking taking 2010’s annual market size of $3.2 billion to $16.9 billion by 2015. That’s the prediction from IDC. Big…
Wikibon predicts that Big Data will be a $50 billion market by 2017, yet a survey by LogLogic found that more than a third of IT industry executives said that they don’t really fully understand was Big Data is. The…
Big Data is likely to have profound impact on every industry. Banking and finance is one sector that is likely to feel the effects sooner than others. Jim Marous, Financial Marketing Consultant, wrote that “there are very few places where more…
With the big hype around Big-Data-related technologies continues, it is not surprising that venture capital money is flowing into the technology at a feverish pace. In 2011, Thomson Reuters estimates that US venture companies invested a total of $2.47 billion into…
And they’re off. 2012 is well underway and vendors are jockeying their Hadoop-based products for competition in the much-hyped space of Big Data. While Big Data does not equate to Hadoop, Hadoop is has increasingly become the tool of choice around which…