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Billions and billions: big data becomes a big deal

October 23, 2012 /

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Deloitte predicts that in 2012, "big data"27 will likely experience accelerating growth and market penetration. As recently as 2009 there were only a handful of big data (BD) projects and total industry revenues were under $100 million. By the end of 2012 more than 90 percent of the Fortune500 will likely have at least some BD initiatives under way. Industry revenues will likely be in the range of $1-1.5 billion. But the industry is still in its infancy. Big data in 2012 will likely be dominated by pilot projects; there will probably be fewer than 50 full-scale big data projects (10 petabytes and above) worldwide.

Full Story: http://www.deloitte.com/view/en_GX/global/industries/technology-media-telecommunications/tmt-predictions-2012/technology/70763e14447a4310VgnVCM1000001a56f00aRCRD.htm

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