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Industry update on big data markets: Gangbusters growth

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Emerging and disruptive markets are hard to quantify and forecast: They often apply different marketing labels for the same thing, and have no baseline industry data and no consistent methods of measurement and forecasting.

But this recent Wibikon big data report is head and hands above others. This is the third edition of the report and I wanted to give a shout-out to the authors – Jeff Kelly, David Vellante and David Foyer – on this best-in-class body of work.

Behind the numbers: The way I see it, big data has two different markets with very different technology and investment requirements and pace of adoption:

  • Consumer big data (web-scale Yahoo , Facebook and the like)
  • Enterprise big data for business and industry (banking, healthcare, government, manufacturing, retail)

And now, the color commentary on the Wikibon big data report …

  • $18.8B – 2013 total big data revenue … the 2012 number was $12B.
  • Read more

The post Industry update on big data markets: Gangbusters growth appeared first on LSI Blog.


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