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“What is Big Data?” – Datamation

May 31, 2017

Big Data has become big business. According to IDC, “Worldwide revenues for big data and business analytics (BDA) will reach $150.8 billion in 2017, an increase of 12.4 percent over 2016.”

And the market for big data solutions is likely to get even bigger. The same IDC report added, “Commercial purchases of BDA-related hardware, software, and services are expected to maintain a compound annual growth rate (CAGR) of 11.9 percent through 2020 when revenues will be more than $210 billion.”

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