Hi, I want to know about the future about Big Data technology. Please advice.
Asked by Sivakumar Chuttu Last Modified
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The big data technology and services market is expected to reach $57 billion by 2020. If we look at the overall big data industry (security, services, storage infrastructure, networking, data center infrastructure, discovery tools, big data applications, analytics and so on), it's clear that the big...
read more The big data technology and services market is expected to reach $57 billion by 2020. If we look at the overall big data industry (security, services, storage infrastructure, networking, data center infrastructure, discovery tools, big data applications, analytics and so on), it's clear that the big data industry has at least four more golden years ahead of it. And if you are planning your career now you might want to consider moving in that enormous Big Data and Business Analytics space. Yet, the maturation of big data also means that the industry is changing and so is the way businesses look at it. read less
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Harvard University research scholars say Big Data has the most sexiest job perspective in this century. It has huge potentials. Every day we are generating huge data and it is increasing exponentially day by day.
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Come 2020, every person in the world will be creating 7 MBs of data every second. We have already created more data in past couple of years than in the entire history of humankind. According to IDC the Worldwide Big Data and Business Analytics Market or BDA, so analytics alone, is poised to grow from...
read more Come 2020, every person in the world will be creating 7 MBs of data every second. We have already created more data in past couple of years than in the entire history of humankind. According to IDC the Worldwide Big Data and Business Analytics Market or BDA, so analytics alone, is poised to grow from $130.1 billion this year to over $203 billion in 2020. read less
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Future is good. We are moving towards huge data and it will increase more. Once IOT is completely implemented as sensors will be generating huge data at a very high speed.
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Siva, there will be huge requirements for people with Big Data skills. Organizations are moving towards Data centric organizations. Data is the new oil. Firms and management need data to predict customer behavior, market trends, change in customer preferences etc. Big data and analytics will play a major...
read more Siva, there will be huge requirements for people with Big Data skills. Organizations are moving towards Data centric organizations. Data is the new oil. Firms and management need data to predict customer behavior, market trends, change in customer preferences etc. Big data and analytics will play a major role in realizing these requirements world over. read less
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Lets look at the present scenario of big data and then see what future holds. Now you have social media, news websites, video streams (YouTube etc), movie/channel streams (Netflix, Amazon Prime), thousands of blogs, huge organizational data, medical records and the list is endless. Most of these data...
read more Lets look at the present scenario of big data and then see what future holds. Now you have social media, news websites, video streams (YouTube etc), movie/channel streams (Netflix, Amazon Prime), thousands of blogs, huge organizational data, medical records and the list is endless. Most of these data sources were non existent a few years ago. And still there is a huge challenge in deriving knowledge out of this data and is yet to be completely solved. Now in addition to this there are further more data-sources getting added with IOT, autonomous cars, and in almost every field data is becoming more crucial and since we have not yet overcome the already existent challenges while there are more lined up so you can imagine for yourself what the future could be in big data domain. read less
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Bigdata has good prospects and soon such technologies will be disruptive. In the enterprise world, there are challenges to overcome still with data governance (of the data lake) and privacy.
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Big Data & Hadoop Market is expected to reach $99.31B by 2022 growing at a CAGR of 42.1% from 2015 Forbes McKinsey predicts that by 2018 there will be a shortage of 1.5M data experts Mckinsey ReportAvg salary of Big Data Hadoop Developers is $135k.
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Eeswar Chamarthi
Data Scientist
Every thing is moving towards big data. Big data is a way of handling large data volumes using non conventional methods. Data science is the future of big data, only ml methods have the capability to find usability for such volumes as human intervention is difficult.
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Big data indeed has great future. As per industry projection there gonna be huge demand and application oriented requirement.
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