This new infographic from Viawest depicts storage in the age of Big Data.
Big Data is a new frontier in IT where data sets are becoming so enormous that they are almost impossible to manage using traditional database management tools. Data types and content are getting more complicated, volume is going up and serious, valuable problems are there to be solved.
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How big is Big Data? Jeremy Geelan writes that the business analytics software market has crossed the chasm into the mainstream mass market.
In 2011, the business analytics market extended its post-2009 recovery with another stellar performance by growing worldwide revenues 14.1% year over year,” said IDC’s Dan Vesset. “International Data Corporation forecasts, in fact, that it will continue to grow at a 9.8% compound annual growth rate (CAGR) through 2016 to reach $50.7 billion.
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In this podcast, Federal News Radio hosts a Panel Discussion on Big Data entitled “Progress & Best Practices.”
Moderator:Jim Flyzik -Flyzik Group
Panelists:
Today supercomputer maker Cray Inc. announced it has created a new division focused on Big Data. This division, called YarcData, will be led by Arvind Parthasarathi, who has been appointed to the new position of senior vice president and general manager of YarcData.
Cray is best known for building supercomputers that can run massive scientific and engineering simulations, and from that work we have developed unique technologies and amassed significant experience working with some of the largest data-intensive environments in the world,” said Peter Ungaro, president and CEO of Cray. “This makes our entry into the Big Data market a natural evolution. I am extremely excited to have a proven executive like Arvind helping us bring our leading supercomputing technology to enterprise customers that are trying to gain insight and harness value from the explosion of data happening in their businesses today.”
According to the company YarcData will broadly expand the scope of what Cray’s Knowledge Management practice.
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Rachel King writes that Big Data can enable world-changing apps. She spoke with Reid Hoffman, co-founder of LinkedIn, who argued that there are three types of data and their respective challenges that need to be met first:
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