We project the Big Data market to top $18 billion in 2013, a growth rate of 61%. Looking beyond 2013, we forecast the total Big Data market to approach $50 billion by 2017, which translates to a 31% compound annual growth rate over the five-year period 2012-2017. While the global economic outlook is for slow to stagnant growth over this period, We believe the Big Data market will not be severely impacted and may, in fact, benefit from enterprises needing to do more with less, which effective Big Data analytics facilitates.
Hadoop: Hadoop is an open source framework for processing, storing and analyzing massive amounts of distributed unstructured data. Originally created by Doug Cutting at Yahoo!, Hadoop was inspired by MapReduce, a user-defined function developed by Google in early 2000s for indexing the Web. It was designed to handle petabytes and exabytes of data distributed over multiple nodes in parallel.
Providing effective business analytics tools and technologies to the enterprise is a top priority of CIOs and for good reason. Effective business analytics from basic reporting to advanced data mining and predictive analytics allows data analysts and business users alike to extract insights from corporate data that, when translated into action, deliver higher levels of efficiency and profitability to the enterprise.
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Big Data Training for FastTrack Session!
5 Days Classroom Training on - April 19 - 23 , 2014