|By Marketwired .||
|December 19, 2012 12:16 PM EST||
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.
"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
- RainStor's Big Data Analytics on Hadoop Overview
- RainStor Infographic
- Get the Scoop on Hadoop Video
- RainStor's Blog
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.
(1) Computerworld Big Data Study, July 2012
Kulesa Faul for RainStor
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 10:30 PM EDT Reads: 1,403
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jul. 27, 2016 10:00 PM EDT Reads: 2,658
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
Jul. 27, 2016 09:45 PM EDT Reads: 1,996
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 27, 2016 08:00 PM EDT Reads: 2,030
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
Jul. 27, 2016 07:30 PM EDT Reads: 1,100
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jul. 27, 2016 06:45 PM EDT Reads: 2,063
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Jul. 27, 2016 06:45 PM EDT Reads: 1,168
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Jul. 27, 2016 04:30 PM EDT Reads: 1,870
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Jul. 27, 2016 04:30 PM EDT Reads: 205
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 27, 2016 04:15 PM EDT Reads: 1,139
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Jul. 27, 2016 04:00 PM EDT Reads: 1,741
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
Jul. 27, 2016 04:00 PM EDT Reads: 1,063
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Jul. 27, 2016 03:30 PM EDT Reads: 977
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 27, 2016 11:00 AM EDT Reads: 734
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Jul. 27, 2016 10:30 AM EDT Reads: 1,234
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
Jul. 27, 2016 09:45 AM EDT Reads: 488
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jul. 27, 2016 09:30 AM EDT Reads: 2,087
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Jul. 27, 2016 09:15 AM EDT Reads: 1,383
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
Jul. 27, 2016 09:15 AM EDT Reads: 1,183
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Jul. 27, 2016 09:00 AM EDT Reads: 486