Welcome!

Recurring Revenue Authors: Elizabeth White, Pat Romanski, Yeshim Deniz, Carmen Gonzalez, Kevin Benedict

News Feed Item

RainStor Makes Top Big Data Predictions for 2013

Increase in Big Data Enterprise Initiatives, Budget Limitations and Acquisitions Expected in 2013

SAN FRANCISCO, CA -- (Marketwire) -- 12/19/12 -- RainStor, a provider of database solutions for Big Data, today released its predictions focused on enterprise Big Data initiatives in 2013. As the year draws to a close, global organizations face the most prominent IT and business challenge: Big Data. The focus for IT will be to provide scalable, high-performance analytics at the lowest cost, as business users demand continuous access to both current and historical data. By analyzing this data using multiple tools and approaches, companies not only gain greater intelligence, but also a competitive advantage.

Based on customer and partner experience, market research and conversations with experts, RainStor offers its top Big Data predictions for 2013:

Prediction 1: Enterprise Big Data Initiatives Move out of the Sandbox and Define a Clear Set of Business and Technology Requirements
Throughout 2012, enterprise adoption of Big Data initiatives have escalated faster than most had predicted. According to a recent Computerworld(1) study among 300 of the world's largest enterprises, the volume of data is expected to increase by about 60 percent in 2013 with 13 percent reporting they have Big Data initiatives already in place. An additional 38 percent of respondents are implementing or likely to implement Big Data projects over the next year.

Enterprises are forming dedicated Big Data teams, and for many it has become a line item on the budget as they continue to find better approaches to managing, storing and analyzing Big Data. At the same time, requirements are becoming more clearly defined and distinct patterns are emerging, such as scalability at the lowest cost, rapid response query and analysis, and ability to leverage existing standards-based tools that include SQL and BI. This is in addition to built-in security and data availability features that enterprises have come to expect when handling mission critical data assets.

Prediction 2: Companies will Look to New Technology Combinations, other than Hadoop, when Managing Big Data
Over the past year, Apache Hadoop has gained momentum in the enterprise, which was exemplified by the October 2012 Hadoop World event where 2,500 attendees gathered -- an increase from 500 attendees just three years earlier. Hadoop, popularized by Web 2.0 organizations, is now taken seriously among banks, financial institutions, communications operators, large retailers and others. However, Big Data initiatives are not only centered on the Hadoop platform.

Business and IT challenges are being solved using a combination of different technologies that work in concert, which varies by sector and even by company. Enterprises are deploying on private clouds in order to manage data estates and a combination of both traditional databases and data warehouse environments, alongside Hadoop-based data management environments that run on a variety of hardware including NAS and object stores. A common theme across all enterprise Big Data projects is the desire to get up and running quickly without causing disruption to existing IT environments and realizing a result in less than 12 months.

Prediction 3: Budget Limitations will Pose one of the Biggest Hurdles to Solving Big Data Challenges
Big Data spending is on the rise, but over the coming year, cost will remain one of the biggest hurdles to overcome when initiating Big Data projects. According to a recent analyst report, Big Data spending is projected to drive $34 billion in 2013. Organizations in particular sectors must keep data online and available because compliance regulations dictate so, and additionally businesses want to harness more raw data from multiple sources in order to conduct better analytics. Getting the balance right -- finding the most efficient technology infrastructure while satisfying business demands -- is the challenge.

Growth rates are not slowing down. Building out capacity for existing needs and future requirements is critical. Too much too soon is not the way to go, and Big Data does not necessarily mean big budgets. The tolerance for $20,000 - $40,000 per terabyte of managed data is fast disappearing in the minds of enterprise decision makers.

Prediction 4: Big Data Tools Must Satisfy both Business and Technical Users
In 2013, we will see increased demand for Big Data tools and applications that will be easier to use and will satisfy the business user, not just the technical or data scientist users. All market indicators point to this. If you look at Hadoop-based technology capabilities, many are still immature and require unique specialized skills. We have already seen new product announcements that address this need, including the recent announcements on Cloudera Impala and Microsoft Polybase. In fact, some of these capabilities already exist today, making it easier to access the right data at the right time with the best set of tools.

Prediction 5: Heavyweights, such as Oracle and IBM, will Make Acquisitions in the Big Data Market
Large organizations have already embraced Big Data, which has legitimized the market over the past year. We expect that some of the established players who lack unique technology capabilities or expertise will make acquisitions in 2013. The two obvious heavyweights are Oracle and IBM -- which already have a diverse portfolio of established products in the data management sector, but who also recognize that time to market is critical in order to gain a stronger foothold with an all encompassing Big Data offering for enterprise customers.

Executive Quote
"The increasing need to leverage Big Data for competitive advantage, along with the rise in innovative product offerings, will completely change the way customers store, manage and analyze their most critical asset -- data. Enabling enterprise customers to manage petabyte scale data environments in a much more efficient and cost effective way is what is now required. Over the next 12 months, Big Data will take the spotlight because it is on every company's short list."
-- John Bantleman, CEO of RainStor

Additional Resources

About RainStor
RainStor provides Big Data management software. RainStor's database enables the world's largest companies to keep and access limitless amounts of data for as long as they want at the lowest cost. It features the highest level of compression on the market, together with high performance on-demand query and simplified management. RainStor runs natively on a variety of architectures and infrastructure including Hadoop. RainStor's leading partners include Amdocs, Anritsu, AdaptiveMobile, Dell, HP, Qosmos and Teradata.

RainStor is a privately held company with offices in San Francisco, USA and Gloucester, UK. For more information, visit www.rainstor.com. Join the conversation at www.twitter.com/rainstor.

(1) Computerworld Big Data Study, July 2012

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Danielle Salvato-Earl
Kulesa Faul for RainStor
650-340-1982
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assis...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
SYS-CON Events announced today that A&I Solutions has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 1999, A&I Solutions is a leading information technology (IT) software and services provider focusing on best-in-class enterprise solutions. By partnering with industry leaders in technology, A&I assures customers high performance levels across all IT environments including: mai...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
SYS-CON Events announced today that Tappest will exhibit MooseFS at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. MooseFS is a breakthrough concept in the storage industry. It allows you to secure stored data with either duplication or erasure coding using any server. The newest – 4.0 version of the software enables users to maintain the redundancy level with even 50% less hard drive space required. The software func...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software in the hope of capturing value in IoT. Although IoT is relatively new in the market, it has already gone through many promotional terms such as IoE, IoX, SDX, Edge/Fog, Mist Compute, etc. Ultimately, irrespective of the name, it is about deriving value from independent software assets participating in an ecosystem as one comprehensive solution.