Big Data Growth Is Pegged at 17%

SNS Research estimates that Big Data investments will account for near- ly $30 billion in 2014. These investments are further expected to grow at a CAGR of 17% over the next six years.

(Big Data refers to data itself but also to a set of technologies that capture, store, manage and analyze large and variable collections of data to solve complex problems.)

Other key findings:

>>  The market is ripe for acquisitions of pure-play Big Data startups, as competition heats up between I.T. incumbents.

>>  Nearly every large scale I.T. vendor maintains a Big Data portfolio.

>>  At present, hardware sales and professional services account for more than 70% of all Big Data investments.

>>  Software vendors, particularly those in the Big Data analytics seg- ment, are expected to significantly increase their stake in the Big Data market as it matures.

—More info: www.reportbuyer.com

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