Big Data Drives IT Spending

News Article - Wednesday, 07 November 2012 11:15

By: Kerry Butters Category: Hosting

Analysts at Gartner say that big data will drive $28bn of worldwide IT spending this year and is forecast to drive £34bn in 2013. The researchers are to further analyse the use of big data at this year’s Gartner Symposium/ITxpo in Orlando, USA, October 21-25.

A recent report from Gartner found that most of the current spending in IT is being used to update traditional systems to adapt to big data demands; $4.3bn of this is thought to be spent on software.

At the moment, big data is having a significant impact on IT, with 45% of new spending attributed to it each year and 10% of other spending "influenced” by big data. It’s most significant impact is in social media analysis and content analytics.

"Despite the hype, big data is not a distinct, stand-alone market, it but represents an industry wide (sic) market force which must be addressed in products, practices and solution delivery," said Mark Beyer, research vice president at Gartner

"In 2011, big data formed a new driver in almost every category of IT spending. However, through 2018, big data requirements will gradually evolve from differentiation to 'table stakes' in information management practices and technology. By 2020, big data features and functionality will be non-differentiating and routinely expected from traditional enterprise vendors and part of their product offerings."

Gartner believe that leading organisations will be beginning to use big data in an "almost embedded form in their architecture and practices”. Whilst the analysts think that this will become less of an advantage over traditional solutions by 2018, big data tools will persist as they will have already become incorporated into some of the world’s leading organisations.

This is because once they are in place, big data solutions will continue to offer flexibility and staff will have been trained to obtain the necessary skills to deal with it.

"Because big data's effects are pervasive, big data will evolve to become a standardized requirement in leading information architectural practices, forcing older practices and technology into early obsolescence," said Mr. Beyer.

"As a result, big data will once again become 'just data' by 2020 and architectural approaches, infrastructure and hardware/software that does not adapt to this 'new normal' will be retired. Organizations resisting this change will suffer severe economic impacts."

Further, more detailed information can be found in the report: "Big Data Drives Rapid Changes in Infrastructure and $232 Billion in IT Spending Through 2016".

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