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Technology: The Four Elements of the Technology Nexus
Last Thursday, we talked about Gartner’s predictions for Big Data made at the Gartner Symposium ITxpo, but Peter Sondergaard‘s keynote touched on many more technologies than Big Data. Sondergaard talked about a “nexus of forces” — cloud, mobile, social, and big data — that are converging and expected to dramatically change technology
Cloud
Gartner sees the cloud to be a challenging and competitive environment for vendors. By 2016, 20 percent of today’s big cloud vendors will be out of business. But the market will also be lucrative. By 2016, the cloud market is expected to double from today’s revenues to $145 billion.
Mobile
In two years, iPhone smartphones will outnumber Blackberries in businesses, two-thirds of the workforce will own a smartphone, and 40 percent of workers will be mobile.
Social Media
By 2015 Gartner thinks there will be at least 10 companies that are spending in excess of $1 billion per year on Social Media. And of the social reviews that you read on the internet in 2015, 15% of them will have been paid for rather than freely contributed.
Big Data
Gartner expects than by 2020 more than 30 billion devices will be connected to the internet. In 2016 alone, Gartner expects that 1.6 billion smartphones will be sold. All these devices will be sources and sinks for new data being created, and they are one huge reason why Big Data and data analysis are becoming so important.