BigDataFr recommends: Big data is already a $46 billion market, but you ain’t seen nothin’ yet
[…] Big data has been a big buzzword for more than a few years already, and it’s got some solid numbers to back that up, including US$46 billion in 2016 revenue for vendors of related products and services. But the big data era is still just beginning to dawn, with the real growth yet to come.So suggests a new report from SNS Research, which predicts that by the end of 2020, companies will spend more than $72 billion on big data hardware, software, and professional services. While revenue is currently dominated by hardware sales and professional services, that promises to change: By the end of 2020, software revenue will exceed hardware investments by more than $7 billion, the researcher predicts. […]