By 2017 Half of the World’s Data will be Stored in Hadoop
Half the world’s data, that is hard to imagine, let alone store.
By now, certainly if you are in the IT industry, you have heard all about Big Data…and maybe even know what Hadoop is and isn’t. One reason the title of this blog could turn out to be accurate, is that half the world’s data will be from Facebook, Yahoo, and Google. Let’s not forget online video providers; because of the nature of their data, Hadoop and NoSQL solutions are the only technologies (today) that can meet their business needs.
Those business needs are:
If we consider that these business needs are important to many other industries, industries with sizable IT Infrastructure, HALF of the World’s Data might be on the low side. As an example of this adoption, the Big Data market is projected to have a “31% compound annual growth rate over the five year period 2012-2017,” per Jeff Kelly. See here for the complete analysis.
Visualization of Data
A picture is worth a thousand words. Visualization will be worth millions. Millions of dollars. That is because strategic insight will be seen immediately, and action taken.
By Joan Macijunas, Associate, Big Data Practice – Olenick & Associates, Chicago