Enterprise CIO Forum publishes Big data and its impact on One

“Big data and predictive real-time analytics are critical dimensions of technology which have wide applicability across industries. IDC forecasts the big data technology and services market to become a USD 41.5 billion business through 2018. This market is growing with a CAGR of six times faster than the overall IT market and the growth rate of data and information has been incredible. As per IBM, 2.5 quintillion bytes of data is generated every day from the internet, posts on social media sites, emails, ecommerce transactions, website contents, videos, digital photos, sensors and more. All this, with only 41% of the world connected to the internet. Imagine the colossal amount of data that will be generated when the entire world is online and hundreds of billion devices become connected through the Internet of Things, IoT.”