The latest analytics, big data and BI forecast and market estimates, Q316

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  • Big Data & business analytics software worldwide revenues will grow from nearly $122B in 2015 to more than $187B in 2019, an increase of more than 50% over the five-year forecast period.
  • The market for prescriptive analytics software is estimated to grow from approximately $415M in 2014 to $1.1B in 2019, attaining a 22% CAGR.
  • By 2020, predictive and prescriptive analytics will attract 40% of enterprises’ net new investment in business intelligence and analytics.

Making enterprises more customer-centric, sharpening focus on...

By Louis Columbus, 12 September 2016, 1 comment. Categories: Big Data, Data & Analytics, Infrastructure, Research.

The top 100 best practices in big data – revealed

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The Cloud Security Alliance (CSA) has today released a mammoth document detailing the 100 best practices in big data security – running the gamut from traditional cybersecurity measures to cutting edge cryptographic technologies.

The document discusses each tip at more of a cursory than comprehensive level, offering a few sentences on why and how organisations should implement them. The report goes through 10 areas with 10 tips for each, from real-time security and compliance...

By James Bourne, 26 August 2016, 1 comment. Categories: Big Data, Data & Analytics, Security, Vulnerabilities.

Encryption of cloud data is great – but it’s not a magic bullet

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The headlong stampede of enterprise data into the cloud has passed by.

A few years ago I might have written it was ‘underway,’ but this would grossly understate the situation.  Data which was once stored on premise has left the building, the twinkling lights on the tin box in your racks are slowly blinking out. Data osmosis is taking place, draining life force from these antiquated shells into vast data-centres run by some of the largest companies on earth.   It...

By Ed Macnair, 23 August 2016, 0 comments. Categories: Big Data, Data & Analytics, Data Management, Regulation, Security.

How hybrid cloud will enable streams of data to flow freely

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The world of business is changing. Disruptive shifts in power are forcing everyone to question the established status quo. In particular, savvy chief executives are tasking IT organizations to help create compelling customer experiences, support new business models and adopt agile operational processes.

That's why the vast majority of IT and business leaders are joining forces on the organizations’ most pressing commercial needs and wants. They seek an open and flexible...

By David H Deans, 15 August 2016, 0 comments. Categories: Big Data, Data & Analytics, Hybrid, Infrastructure.

Boeing and Ryanair looking to take advantage of cloud and big data platforms

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The airline industry has traditionally been ripe for technological innovation – and a couple of examples have hit CloudTech’s inbox with regard to how different providers are currently utilising big data and cloud.

Boeing has announced an agreement with Microsoft to build a cloud-based platform for its range of analytics tools, aiming to transition many of the airline’s commercial aviation applications into the Microsoft Azure cloud.

Among the applications ready to move into...

By James Bourne, 19 July 2016, 0 comments. Categories: Big Data, Case Studies, Infrastructure, Platform.

Who should be in charge of big data analytics: the CIO, CFO, or a specialist?

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A new report from big data analytics provider Mu Sigma argues that higher performing companies are four times more likely to use a consistent approach to big data analysis, while consensus is divided on whether the CIO or CFO should be in charge.

The findings come from a survey of 150 large enterprises which turn over at least $500 million (£377.2m) a year, and draw some interesting conclusions on how large firms prioritise their data crunching. 23% of those polled said the CIO...

By James Bourne, 13 July 2016, 0 comments. Categories: Big Data, CIO, Data & Analytics, Data Management.

Why the healthcare industry's move to cloud computing is accelerating

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Physicians are targeting breast and ovarian cancer through research that crunches massive amounts of information from more than 2,000 DNA sequences at the Icahn School of Medicine at Mount Sinai. The data set is gigantic — more than 100 terabytes — and the analysis happens aboard a secure cloud-based platform through Amazon Web Services.

“By using AWS, we can store source files securely and cost-effectively with significant durability and accessibility,” 

By Karin Ratchinsky, 27 June 2016, 4 comments. Categories: Big Data, Case Studies, Data & Analytics, Industry.

How IoT, big data analytics and cloud continue to be high priorities for developers

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  • 56.4% of developers are building robotics apps today.
  • 45% of developers say that Internet of Things (IoT) development is critical to their overall digital strategy.
  • 27.4% of all developers are building apps in the cloud today.
  • 24.7% are using machine learning for development projects.

These and many other insights are from the Evans Data Corporation Global Development Survey, Volume 1 (PDF, client access) published earlier this month. The...

By Louis Columbus, 27 June 2016, 1 comment. Categories: Applications, Big Data, Data & Analytics, Developers.

Big data loss: What to do when the almighty cloud fails

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If you use the cloud, it's probably for a few main reasons: you can store large amounts of data, you can share your data easily, and you're very unlikely to lose your data. But cloud data loss does happen, and even if the chances are low, it still might happen to you. Make sure you've protected your data from every angle to make sure you never lose it, no matter what happens.

Server failure

When you or your business stores something on the cloud, to you it seems like it's backed up in...

By JT Ripton, 17 June 2016, 0 comments. Categories: Big Data, Data & Analytics, Data Loss, Data Management, Disaster Recovery.

Are you being served? Big data and the disrupters of customer service

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We often hear the buzzword phrases of customer service, quality of service, customer first and net promoter score, and both the B2C and B2B markets have been constantly changing, driven by more demanding customer expectations with the bar being set ever higher by new disrupters. Take the age-old example of Blockbuster, a model and brand that was globally successful and known, quickly disrupted when newcomers set the de facto bar: download a movie anywhere, anytime to a growing number of...

By Ian Moyse, 15 June 2016, 0 comments. Categories: Big Data, Consumer, Data & Analytics, Software.