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December 10, 2012

Emerging Cloud and Big Data Technologies are Necessary for Real-Time Processing

A recent survey of IT executives has revealed just how extensive big data and the cloud are to various industries. Survey findings from GigaSpaces (News - Alert) Technologies, collected on 243 IT executives and developers, revealed that big data is now a “mission-critical need for enterprises and the need for real-time processing of that data is significant and growing.”

Emerging technologies in the cloud and big data spheres seem to agree with this survey. Companies like Google (News - Alert) and Amazon have invested heavily in cloud and big data solutions for businesses of all sizes. Solutions like Hadoop and BigQuery are considered massive data handlers offering large scale processing of data that includes millions of rows of structured and unstructured data.

The Hadoop framework, for example, allows anyone to query stored data in a Hadoop cluster and manipulate it as if it was residing in a local conventional data store.

Cloud computing statistics continue to show a big uptake year-on-year. The industry is expected to grow by 28.8 percent between now and 2015.

It is also estimated that the public-cloud services market will be worth $73 billion in 2015 with 44 percent of governments expected to have deployed server capacity in the cloud. Cloud economics are also estimated to save 25 to 50 percent of public agencies’ funds.

Interestingly, 85 percent of local IT government workers believe the cloud will impact their computing infrastructure in some way in the future while 75 percent of state CIOs believe that cloud computing will change their roles.

The cloud is also estimated to generate 14 million jobs by 2015.

This new survey also reported that while 80 percent of respondents consider big data to be mission-critical to their business, only 12 percent have adopted these capabilities.

According to the EVP Marketing and Business Development at GigaSpaces, these infrastructure challenges will need to be resolved before current business apps can carry these businesses into the big data era without compromising on reliability, scalability or any other enterprise concern.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida.  Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.

Edited by Braden Becker

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