BigDataFr recommends: 6 Predictions For Big Data Analytics And Cognitive Computing In 2016

Big data analytics is the next trillion-dollar market, says Michael Dell. IDC has a more modest and specific prediction, forecasting the market for big data technology and services to grow at a 23.1% compound annual growth rate, reaching $48.6 billion in 2019.

The larger market for business analytics software and business intelligence solutions which now includes the new disciplines of data science and cognitive computing is at least 5 times bigger. But a much larger market, which may indeed approach a trillion dollar sometime in the not-distance future, includes the revenues companies in any industry will generate from “monetizing” their data and algorithms.[…]

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By Gil Press
Source: forbes.com