Your Rights in the Age of Big Data Analytics | SmartData Collective


With Big Data-related excitement on the verge of finally reaching a crescendo, many market analysts are forecasting gargantuan outlays. But, as more organizations begin to explore the potential of Big Data Analytics in greater depth, many practical, moral and legal challenges will further emerge, requiring our attention.

Source: smartdatacollective.com

An ABI Research report, Big Data Spending to Reach $114 Billion in 2018; Look for Machine Learning to Drive Analytics, predicted that the worldwide market for Big Data related hardware, software and professional services would reach $30 billion by the end of 2014, experiencing a staggering Compound Annual Growth Rate (CAGR) of 30% through to 2018 where the total market size would reach $114 billion. Wikibon’s Big Data Vendor Revenue and Market Forecast 2013 – 2017 report supports those figures, projecting the Big Data market to be worth around $28.5 billion by the conclusion of 2014, climbing to $50.1 billion by the end of 2015. 

See on Scoop.itData Nerd’s Corner

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