So much data, so much of it big, and so many, many things.
IDC forecasts the Big Data market will increase to approximately $32 billion this year from just over $3 billion five years ago. Meanwhile, IDC predicts that the Internet of Things (IoT), which is fueling the explosion of data, will become a $1.7 trillion market by 2020, up from about $656 billion in 2014.
It’s been well documented how Big Data is transforming the way that companies operate and make business decisions in financial services, health care, retail, manufacturing, and a host of other industry sectors. IoT is a source of Big Data, and Big Data is where IoT information goes, lives, and is measured. The rapidly growing network of connected objects that collect and exchange data using embedded sensors now includes home thermostats and security systems, refrigerators and appliances, automobiles and traffic lights, and even vineyards and cows.
To read the full article by Jeff in Mission Critical Magazine, click here.
About the Author:
Jeff Klaus is the general manager of Data Center Manager (DCM) Solutions at Intel Corporation, where he has managed various groups for more than 13 years. Klaus’s team is pioneering power- and thermal-management middleware, which is sold through an ecosystem of data center infrastructure management (DCIM) software companies and OEMs. A graduate of Boston College, Klaus also holds an MBA from Boston University. He can be reached at Jeffrey.S.Klaus@intel.com.
