Sales of big data and business analytics offerings are expected to grow at a double-digit pace over the next five years, and that industry growth is spurring a steady stream of startups developing innovative big data products.
The total amount of digital data created worldwide is expected to explode from 40 zettabytes this year to 175 zettabytes by 2025, according to market researcher IDC. To manage all that data and put it to effective use, businesses and organizations are forecast to spend $189.1 billion globally this year for big data and business analytics offerings.
Author: Rick Whiting
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