{"id":4682,"date":"2014-06-20T07:00:38","date_gmt":"2014-06-20T15:00:38","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=4682"},"modified":"2014-05-29T07:16:21","modified_gmt":"2014-05-29T15:16:21","slug":"big-data-a-market-dominated-by-services","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/big-data-a-market-dominated-by-services\/","title":{"rendered":"Big Data: A Market Dominated by Services"},"content":{"rendered":"<p><a title=\"Thomas Davenport bio\" href=\"www.linkedin.com\/pub\/tom-davenport\/0\/1a\/328\" target=\"_blank\">Thomas H. Davenport<\/a>, <a title=\"Thomas H Davenport on Big Data\" href=\"http:\/\/raconteur.net\/technology\/whats-so-big-about-big-data\" target=\"_blank\">said that<\/a> &#8220;every company has big data in its future and every company will eventually be in the data business.&#8221;<\/p>\n<p><a title=\"Geoffrey Moore bio\" href=\"www.linkedin.com\/in\/geoffreyamoore\" target=\"_blank\">Geoffrey Moore<\/a>, author and consultant, <a title=\"Geoffrey Moore on Big Data\" href=\"http:\/\/siliconangle.com\/blog\/2012\/06\/15\/geoffrey-moore-discusses-big-data\/\" target=\"_blank\">said that<\/a> &#8220;without big data, you are blind and deaf and in the middle of a freeway.&#8221;<\/p>\n<p>A <a title=\"Wikibon Report\" href=\"http:\/\/wikibon.org\/wiki\/v\/Big_Data_Vendor_Revenue_and_Market_Forecast_2013-2017\" target=\"_blank\">report from Wikibon<\/a> estimates that the Big Data market grew at a stunning 58 percent in 2013, reaching $18.6 billion. \u00a0This includes sales from hardware, software and services. \u00a0But while Big Data software often gets most of the hype, software really only represents less than a quarter of total Big-Data related sales. \u00a0The breakdown of Big Data sales is as follows.<\/p>\n<ul>\n<li>40 percent from services<\/li>\n<li>38 percent from hardware<\/li>\n<li>22 percent from software<\/li>\n<\/ul>\n<p>Wikibon forecasts another year of rapid growth in 2014 of about 53 percent. \u00a0The report expects that the software and cloud will make up a growing fraction of total sales, edging out services, as the market and technologies mature. \u00a0The report also notes that products will increasingly be more business- rather than technology-focused.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fbig-data-a-market-dominated-by-services%2F&amp;title=\" target=\"_blank\"><img 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Davenport, said that &#8220;every company has big data in its future and every company will eventually be in the data business.&#8221; Geoffrey Moore, author and consultant, said that &#8220;without big data, you are blind and deaf and in<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/big-data-a-market-dominated-by-services\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4682","post","type-post","status-publish","format-standard","hentry","category-big-data"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/4682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=4682"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/4682\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=4682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=4682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=4682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}