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Over half of global enterprises are allocating money to spend on Big Data IT investments over the next two to five years, and a third of all global companies will begin spending on Big Data technologies over the next year.…
IDC/EMC estimate that the total amount of globally stored digital information is somewhere around 1 zetabyte (or one trillion gigabytes) and that stored data is expected to reach 35 zetabytes before 2020. Forrester Reasearch concurs and estimated that the size…
Organizations that adopt data-driven decision (DDD) making are 5-6 percent more productive than organizations that don’t rely on extensive data analysis prior to making their decisions. That’s one of the results of a study made by Erik Brynjolfsson and his colleagues…
Enterprise IT strategies are under pressure to change, and increasingly the cloud is becoming an important component in revised strategies. Analysts at IDC expect that Enterprise IT shops will increasingly implement private-cloud solutions. And often the central component of these cloud…
Big Data isn’t just ‘Big’, it’s ‘Extreme’. IBM describes Big Data as having the characteristics of extreme volume, velocity, and variety. Forrester added variability. McKinsey Global Institute next threw in value as a fifth ‘V’ descriptor. Well, seemingly not to be…