The exponential increase of data and the demand to effectively protect and manage huge data resources raises several issues around security – from embedded security to access management. The
big data problem is getting bigger. Every enterprise data center vendor, from Oracle Corp. to Hewlett Packard Co., sees an opportunity in solving it. Simplistically, the data industry faces three issues.
The first is volume: As more transactions are conducted and recorded on the Web, and more data are collected automatically rather than manually entered, the greater the need for database applications that can process and analyze the higher volumes quickly and efficiently.
Secondly, the data being collected are more diverse. Rather than just focusing on easily organized transaction-ledger information, companies are collecting more so-called “unstructured” data: information about how customers behave, how they use products and Web sites, and how they interact.
Third, analytical demands are greater. Both intelligence and business analysts now need to ask more sophisticated questions of their databases, and they want their questions answered faster and the answers to reflect the most recent data inputs.
ACP has held numerous conversations with big data and data analytics solutions and services providers in the past six months and has published a Big Data Market Update. Moreover, we believe the strong level of interest from both the buyer and investor community will continue to increase. ACP is happy to share our thoughts on the market and would welcome the opportunity to discuss your strategic needs.