How blockchain revenue will reach $10.6 billion in 2023

More CIOs and CTOs are looking for digital transformation and smart technology solutions to their line of business leader innovation requirements. Blockchain and related distributed ledger technologies are already making an impact outside of the finance and insurance space from which they emerged.

Promising new use cases are being trialed in a number of digitally transforming sectors -- notably supply chain management, retail and consumer, arts and entertainment, and public services.

Blockchain applications market...

By David H Deans, 15 October 2018, 0 comments. Categories: Big Data, Blockchain, Infrastructure.

A roundup of 2018 cloud computing forecasts and market estimates

Cloud computing platforms and applications are proliferating across enterprises today, serving as the IT infrastructure driving new digital businesses. The following roundup of cloud computing forecasts and market estimates reflect a maturing global market for cloud services, with proven scale, speed and security to support new business models.

CIOs who are creating compelling business cases that rely on cloud platforms as a growth catalyst are the architects enabling these new business initiatives to...

By Louis Columbus, 15 October 2018, 0 comments. Categories: Adoption, Big Data, Data & Analytics, Infrastructure, Research.

Snowflake secures $450m funding for expansion and further multi-cloud exploration

The money just keeps rolling in for Snowflake Computing. The San Mateo-based data warehousing provider has announced $450 million (£341m) in additional growth funding to help grow its organisation and explore new strategies.

Snowflake offers a comprehensive and complete data warehouse – in other words, repositories of integrated data from at least one source, usually more – in the cloud, with the capability...

By James Bourne, 12 October 2018, 0 comments. Categories: Big Data, Data & Analytics, Data Management, Economy, Software.

Mark van Rijmenam: On the ‘gestalt shift’ of big data, blockchain and AI convergence

When emerging technologies, such as blockchain, artificial intelligence (AI) and the Internet of Things converge, a ‘gestalt shift’ will occur, according to a new book. “The character of the experience will drastically change,” write Mark van Rijmenam and Dr. Philippa Ryan in Blockchain: Transforming Your Business and Our World. “All of a sudden, we can see the world through a different, more technologically advanced, lens and this opens up a completely new...

By James Bourne, 27 September 2018, 0 comments. Categories: Big Data, Blockchain, Data & Analytics, Software.

Microsoft makes Azure Data Box generally available for heavy duty data migration

More and more enterprise data is being transferred to the cloud, but sometimes the journey can break the network's back - which calls for less virtual and more physical solutions.

Microsoft has announced the general availability of Azure Data Box, a physical box which organisations can order, fill up, and then return to Redmond for it to be uploaded to an Azure environment. 

Companies and users can store up to 100 TB per standard box, with variables either way. The newly announced Data Box Heavy can...

By James Bourne, 26 September 2018, 0 comments. Categories: Big Data, Data & Analytics, Data Management, Hardware, Microsoft.

Why big data and analytics revenues will reach $260 billion

Enterprise data lakes are an essential component of many digital transformation projects. Numerous insights about customers, partners and other stakeholders are extracted from these significant commercial assets. Given the benefits, IT infrastructure and associated software investment will increase to support new use cases.

According to the latest worldwide market study by International Data Corporation (IDC), revenues for big data and business analytics (BDA) solutions will reach $260 billion in 2022 with a...

By David H Deans, 30 August 2018, 1 comment. Categories: Big Data, Data & Analytics, Data Management.

The global state of enterprise analytics 2018: How cloud, big data and AI are key to the future

  • 71% of enterprises globally predict their investments in data and analytics will accelerate in the next three years and beyond
  • 57% of enterprises globally have a Chief Data Officer, a leadership role that is pivotal in helping to democratise data and analytics across any organisation
  • 52% of enterprises are leveraging advanced and predictive analytics today to provide greater insights and contextual intelligence into operations
  • 41% of all enterprises are considering a move to cloud-based analytics in the next year
  • Cloud computing (24%), big data (20%), and AI/machine learning (18%) are the three technologies...

By Louis Columbus, 23 August 2018, 0 comments. Categories: Applications, Big Data, Data & Analytics, Enterprise, Research, Software.

How worldwide blockchain spending is set to double in 2018

A blockchain acts as a digital distributed ledger of transactions or records. The ledger, which stores the information or data, exists across multiple participants in a peer-to-peer network. There's no single, central repository. Distributed ledgers technology (DLT) allows new transactions to be added to an existing chain of transactions using a secure cryptographic signature.

Worldwide spending on blockchain solutions is forecast to reach $11.7 billion in 2022, according to the latest global market study...

By David H Deans, 27 July 2018, 0 comments. Categories: Big Data, Blockchain, Infrastructure, Research.

Here's where business intelligence is truly delivering value in 2018

  • Executive management, operations, and sales are the three primary roles driving Business Intelligence (BI) adoption in 2018.
  • Dashboards, reporting, end-user self-service, advanced visualization, and data warehousing are the top five most important technologies and initiatives strategic to BI in 2018.
  • Small organizations with up to 100 employees have the highest rate of BI penetration or adoption in 2018.
  • Organizations successful with analytics and BI apps define success in business results, while unsuccessful organizations concentrate on adoption rate first.
  • 50% of vendors offer perpetual on-premises licensing...

By Louis Columbus, 05 July 2018, 0 comments. Categories: Big Data, Data & Analytics, Research, Software.