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Sunday, September 18, 2016

Big data booming, fueled by Hadoop and NoSQL adoption

#Bigdata has finally hit its stride, and will explode in growth over the next five years, according to a Forrester Research report released Thursday. In the past five years, big data has moved from "buzzword" to "standard business practice," the report said, and will continue its climb. "In 2016, almost 40% of global data and analytics decision-makers say their firms are implementing as well as expanding big data technology and solutions, and another 30% are planning to adopt big data in the next 12 months," the report said. Because of this explosion in the use of big data, the market for solutions to manage and deploy these tools has also increased in size. Overall, Forrester predicts this solutions market will grow at a 12.8% compound annual growth rate (CAGR) from 2016-2021. According to the report, these solutions could include enterprise data warehouse, #NoSQL, #Hadoop, big data integration, data virtualization, and in-memory data fabric.

http://www.techrepublic.com/article/big-data-booming-fueled-by-hadoop-and-nosql-adoption/

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