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WikitipGlobal Big Data Market is Expected to Reach USD 48.3Billion by 2018According to a new market report published by Transparency Market Research "Big Data Market - Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2012 - 2018" the global big data market was worth USD 6.3 billion in 2012 and is expected to reach USD 48.3 billion by 2018, at a CAGR of 40.5% from 2012 to 2018. North America is expected to maintain its lead position in terms of revenues till 2018, with about 54.5% share of the global big data market revenue, followed by Europe. |
Featured Case StudyFinancial giant goes greenThe corporate IT group of a very large, worldwide financial organization with 100,000 employees, has initiated an ongoing “greening” process. This is focused largely on reducing energy use both to decrease the corporation's carbon footprint while creating a net savings in operational costs over the lifetime of new, more energy-efficient equipment, including new storage systems. |
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Featured How-To Note |
Planning a Green Storage InitiativeFluctuating energy prices have heightened electricity and energy consumption as a major issue within the technology community. IT is a significant consumer of energy and IT energy costs have been rising disproportionately because of continued investment in denser IT equipment. Estimates from the EPA and others indicate that IT will account for 3% of energy consumption by 2012. |