Thursday, October 18, 2012

Gartner Says Big Data Will Drive $28 Billion of IT Spending in 2012

Big data will drive $28 billion of worldwide IT spending in 2012, according to Gartner.  In 2013, big data is forecast to drive $34 billion of IT spending.

Most of the current spending is used to adapt traditional solutions to the big data demands (machine data, social data, widely varied data) and only $4.3 billion in software sales will be driven directly by demands for new big data functionality in 2012.

Big data currently has the most significant impact in social network analysis and content analytics with 45 percent of new spending each year. 

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