CIO Today

CIO Today Network Sites:   Top Tech News  |   CIO Today   |   Mobile Tech Today   |   Data Storage Today
Daily Briefing for Technology's Top Decision-Makers
Vblock™ Systems:
Advanced converged infrastructure
increases productivity & lowers costs.

www.vce.com
Wednesday, April 16th 
The future of tape is here.
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Trending Topics:   Security Heartbleed Big Data Cloud Computing Windows XP Data Centers OS X Mavericks
Home
Enterprise Software
Enterprise Hardware
Big Data
Network Security
Cloud Computing
CRM Systems
Data Storage
Operating Systems
Communications
CIO Issues
Mobile Tech
Chips & Processors
World Wide Web
Business Briefing
After Hours
Press Releases
 
Free Newsletters
Top CIO News
 
Mobile Tech Today
 

Enterprise Software

IDC Marks Big Data Analytics for Explosive Growth

IDC Marks Big Data Analytics for Explosive Growth
August 5, 2013 1:47PM

Bookmark and Share
By improving customers' capabilities to master the massive growth of data to make informed business decisions, SAP's big data and analytics solutions will play a major role in optimizing businesses to run better and more sustainably in the future, according to market research firm IDC.

Your Next Generation Data Center Is Here! Vblock™ Systems: the world's most advanced converged infrastructure are built on the Cisco Unified Computing System with Intel® Xeon® processors. Vblock™ Systems deliver extraordinary time to market, ROI and TCO, and flexibility to meet your continually changing demands with 5X faster deployment, 96% less downtime, and 1/2 the cost. Click here to learn more.

What's at stake with big data and analytics? Plenty, if you believe a new IDC infographic commissioned by enterprise-software powerhouse SAP to help tell its story, and, the story of the broader industry.

IDC estimates SAP partners globally will earn $220 billion in revenue over the next five years related to its big data and analytics solutions. Yes, that's $220 billion.

"SAP and its partners make a significant impact on the global economy," said Darren Bibby, vice president for IDC Channels and Alliances Research. "SAP does an excellent job delivering great products for partners to work with, as well as effective sales, marketing and training resources. The result is that the SAP ecosystem is well-positioned for the future and customers will benefit from these additional skills and resources."

Massive Growth Opportunities

That's quite an endorsement. So what is driving IDC to its conclusions? The firm reports that its $220 billion figure is in line with a sharp increase in customer demand for skills in advanced analytics and predictive analytics over the next 12 months. IDC also cited a desire to control costs, optimize operations and manage risks as contributing factors.

Specifically, 69 percent of companies are looking for skills in advanced analytics and predictive analytics in the next 12 months. What's more, 63 percent of IT and business executives are not familiar with the phrase "big data" and 68 percent of companies don't have stated business intelligence or business analytics strategies. That demonstrates massive room for growth in the year ahead.

Of course, that $220 billion figure is just SAP's partners. That doesn't take into account the broader big data market and all its players. To be sure, there's plenty of opportunity to go around. According to IDC, from 2013 through 2020, third-party platform growth will drive 90 percent of IT industry growth. To put that into perspective just 22 percent of ICT (information and communication technology) spending today is connected to third-party platform growth.

Top 10 Industries for Big Data

Here's another telling stat: From 2005 to 2020, the digital universe will grow from 130 exabytes to 40,000 exabytes, according to IDC. By improving customers' capabilities to master the massive growth of data to make informed business decisions, the market research firm said SAP will play a major role in optimizing businesses to run better and more sustainably in the future.

So, then, how exactly are SAP partners tapping into this opportunity? Reselling, professional services, hardware and additional intellectual property and solutions developed on top of analytics solutions from SAP and the SAP HANA platform.

IDC's infographic, "Worldwide Ecosystem Analytics & Big Data: Growth Opportunities for SAP Partners," also reveals the top 10 industries for these analytics and big data opportunities: manufacturing, government, communications and media, banking, professional services, retail, healthcare, utilities and insurance.

Tell Us What You Think
Comment:

Name:



 Enterprise Software
1. NSC Backs Disclosing Vulnerabilities
2. Silverpop: IBM Marketing Gets Personal
3. Google Expands Virus Scans to All Apps
4. VMware Horizon 6 Folds In AirWatch
5. Teradata Intros QueryGrid Analytics




 Most Popular Articles
1. BlackBerry Drops T-Mobile After Nasty Spat
2. Will Satya Nadella Launch an Office for iPad?
3. Google Unveils Android Wear for Smart Watches
4. Cisco, IBM Launch Internet of Things Consortium
5. IBM Applies Big Data Analytics To Fight Against Fraud

Have an informed opinion on this story?
Send a Letter to the Editor.
We want to know what you think.
Send us your Feedback.

 Related Topics  Latest News & Special Reports

  IBM Adds Disaster Recovery to SoftLayer
  Mark Hurd's 5 Keys to Market Success
  Amazon 3D Smartphone Pics Leaked
  Zebra Buys Motorola Enterprise Biz
  How To Beat the Heartbleed Bug

 Technology Marketplace

Business Intelligence
Get real-time, cloud-based information services with Neustar.
 
Cloud Computing
BMC's I.T. solutions unleash the power of your business
Next Generation Data Center Is Here! Vblock™ Systems from VCE
 
Contact Centers
HP delivers the future of the contact center with HP Qfiniti 10.
 
Data Storage
Next Generation Data Center Is Here! Vblock™ Systems from VCE
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
Barium Ferrite (BaFe) is the future of tape.
 
Enterprise Hardware
2.5" Enterprise-class SATA & SAS SSDs for server & storage applications
Barium Ferrite (BaFe) is the future of tape.
 
Enterprise I.T.
BMC's I.T. solutions unleash the power of your business
 
Hardware
Protect your network with APC Smart-UPS battery backup
 
Network Security
Protect your network with APC Smart-UPS battery backup
 

Network Security Spotlight
IBM Offers Security, Disaster Recovery as SoftLayer Service
New disaster recovery and security services for SoftLayer clients are being added by IBM. Big Blue said the new capabilities will speed cloud adoption by alleviating concern over business continuity.
 
How To Beat the Heartbleed Bug
Heartbleed headlines continue as IT admins scramble for answers no one has. Early reports of stolen personal data, including 900 social insurance numbers in Canada, are starting to trickle in.
 
After Heartbleed, OpenSSL Calls for More Support
The president of the OpenSSL Foundation says more support is needed from companies and governments that use its software so that it can better spot and fix flawed pieces of code such as Heartbleed.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 million, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 
CTIA Caves, Volunteers Kill Switch Plan
After bucking against the concept of a smartphone kill switch, the CTIA just announced the “Smartphone Anti-Theft Voluntary Commitment” to thwart smartphone thefts in the U.S.
 

Navigation
CIO Today
Home/Top News | Enterprise Software | Enterprise Hardware | Big Data | Network Security | Cloud Computing | CRM Systems
Data Storage | Operating Systems | Communications | CIO Issues | Mobile Tech | Chips & Processors | World Wide Web
Business Briefing | After Hours | Press Releases
Also visit these Enterprise Technology Sites
Top Tech News | CIO Today | Mobile Tech Today | Data Storage Today

Services:
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About CIO Today Network | How To Contact Us | Article Reprints | Services for PR Pros (In partnership with NewsFactor) | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 CIO Today. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.