by Angela Guess
Tim Gasper of TechCrunch reports, “Big Data is on every CIO’s mind this quarter, and for good reason. Companies will have spent $4.3 billion on Big Data technologies by the end of 2012. But here’s where it gets interesting. Those initial investments will in turn trigger a domino effect of upgrades and new initiatives that are valued at $34 billion for 2013, per Gartner. Over a 5 year period, spend is estimated at $232 billion. What you’re seeing right now is only the tip of a gigantic iceberg. Big Data is presently synonymous with technologies like Hadoop, and the ‘NoSQL’ class of databases including Mongo (document stores) and Cassandra (key-values).”
He goes on, “Today it’s possible to stream real-time analytics with ease. Spinning clusters up and down is a (relative) cinch, accomplished in 20 minutes or less. We have table stakes. But there are new, untapped advantages and non-trivially large opportunities beyond these usual suspects. Did you know that there are over 250K viable open source technologies on the market today? Innovation is all around us… What’s on our own radar, and what’s coming down the pipe for Fortune 2000 companies? What new projects are the most viable candidates for production-grade usage? Which deserve your undivided attention? We did all the research and testing so you don’t have to. Let’s look at five new technologies that are shaking things up in Big Data. Here is the newest class of tools that you can’t afford to overlook, coming soon to an enterprise near you.”
Read about five such technologies here.
photo credit: TechCrunch
