Guest blog post by Bernard Marr
Big data is growing — in fact, the sector is growing so fast and we are producing data so voraciously, that no one can afford to ignore it as a “fad” any more.
And, it’s going to affect all companies, large and small, across all segments of the market — from healthcare to public safety, and retail to wholesale.
Big data is changing the world as we know it. If you don’t believe me, check out some of these (frankly staggering) statistics:
Studies also show that companies (especially small and medium sized companies) put cost and personnel problems as the top reasons they haven’t implemented big data projects yet, but these projects need to become priority fast, or those companies risk being left behind.
Other articles by Bernard Marr
Do you have questions or comments about big data? I’d love to hear them in the comments below.
DSC Resources
Additional Reading
Follow us on Twitter: @DataScienceCtrl | @AnalyticBridge
Big Data help you to understand the information contained within the data and help to identify the data which is most important for the business future business decisions.
The Big Data market report aims in estimating the current size and the future growth potential of this market across the different solutions, applications, verticals, and regions.
( Download PDF )
E.g. Europe Big Data market is expected to grow from $3.90 billion in 2013 to $13.70 billion in 2018 at an estimated of CAGR of 28.5% by 2018.
Comment
Enterprises Face Unnecessary Risks to Data Loss and Downtime, Says Report by Forbes Insights and BMC
You need to be a member of Big Data News to add comments!
Join Big Data News