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Technorati: Big Data to Reach $43 Billion by 2018


The globally challenging data handling task has businesses scrambling for tech assistance, seeking out plausible avenues for handling large datasets which normally structured server environments could handle with ease. Compiling consumer data, ridiculously sized numbers and trying desperately to process them systematically has becomes somewhat problematic, especially since big data became the newest buzzword. In fact, big data is expected to amass $43 billion within five years, according to MarketWatch news release which depicts current big data value is somewhere near $6.3 billion. Here’s how various companies are reacting to data trends.

Healthcare, Banking Seeking Data Scientists

Due obviously to confidentiality and heightened security needs, healthcare fields are finding big data mixed with HIPAA compliance equates disaster without proper planning. A shortage of data scientists who literally study, invent and test random datasets against several contingencies are being sought after. Since banking online and offline means handling large requests, the same professionals are being highly sought – and well paid – simply for making big data less problematic within their fields. Continue reading the rest of the article on Technorati...

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