Welcome!

IBM Cloud Authors: Carmen Gonzalez, Elizabeth White, Pat Romanski, Yeshim Deniz, Liz McMillan

News Feed Item

RainStor Makes Top Big Data Predictions for 2013

Increase in Big Data Enterprise Initiatives, Budget Limitations and Acquisitions Expected in 2013

SAN FRANCISCO, CA -- (Marketwire) -- 12/19/12 -- RainStor, a provider of database solutions for Big Data, today released its predictions focused on enterprise Big Data initiatives in 2013. As the year draws to a close, global organizations face the most prominent IT and business challenge: Big Data. The focus for IT will be to provide scalable, high-performance analytics at the lowest cost, as business users demand continuous access to both current and historical data. By analyzing this data using multiple tools and approaches, companies not only gain greater intelligence, but also a competitive advantage.

Based on customer and partner experience, market research and conversations with experts, RainStor offers its top Big Data predictions for 2013:

Prediction 1: Enterprise Big Data Initiatives Move out of the Sandbox and Define a Clear Set of Business and Technology Requirements
Throughout 2012, enterprise adoption of Big Data initiatives have escalated faster than most had predicted. According to a recent Computerworld(1) study among 300 of the world's largest enterprises, the volume of data is expected to increase by about 60 percent in 2013 with 13 percent reporting they have Big Data initiatives already in place. An additional 38 percent of respondents are implementing or likely to implement Big Data projects over the next year.

Enterprises are forming dedicated Big Data teams, and for many it has become a line item on the budget as they continue to find better approaches to managing, storing and analyzing Big Data. At the same time, requirements are becoming more clearly defined and distinct patterns are emerging, such as scalability at the lowest cost, rapid response query and analysis, and ability to leverage existing standards-based tools that include SQL and BI. This is in addition to built-in security and data availability features that enterprises have come to expect when handling mission critical data assets.

Prediction 2: Companies will Look to New Technology Combinations, other than Hadoop, when Managing Big Data
Over the past year, Apache Hadoop has gained momentum in the enterprise, which was exemplified by the October 2012 Hadoop World event where 2,500 attendees gathered -- an increase from 500 attendees just three years earlier. Hadoop, popularized by Web 2.0 organizations, is now taken seriously among banks, financial institutions, communications operators, large retailers and others. However, Big Data initiatives are not only centered on the Hadoop platform.

Business and IT challenges are being solved using a combination of different technologies that work in concert, which varies by sector and even by company. Enterprises are deploying on private clouds in order to manage data estates and a combination of both traditional databases and data warehouse environments, alongside Hadoop-based data management environments that run on a variety of hardware including NAS and object stores. A common theme across all enterprise Big Data projects is the desire to get up and running quickly without causing disruption to existing IT environments and realizing a result in less than 12 months.

Prediction 3: Budget Limitations will Pose one of the Biggest Hurdles to Solving Big Data Challenges
Big Data spending is on the rise, but over the coming year, cost will remain one of the biggest hurdles to overcome when initiating Big Data projects. According to a recent analyst report, Big Data spending is projected to drive $34 billion in 2013. Organizations in particular sectors must keep data online and available because compliance regulations dictate so, and additionally businesses want to harness more raw data from multiple sources in order to conduct better analytics. Getting the balance right -- finding the most efficient technology infrastructure while satisfying business demands -- is the challenge.

Growth rates are not slowing down. Building out capacity for existing needs and future requirements is critical. Too much too soon is not the way to go, and Big Data does not necessarily mean big budgets. The tolerance for $20,000 - $40,000 per terabyte of managed data is fast disappearing in the minds of enterprise decision makers.

Prediction 4: Big Data Tools Must Satisfy both Business and Technical Users
In 2013, we will see increased demand for Big Data tools and applications that will be easier to use and will satisfy the business user, not just the technical or data scientist users. All market indicators point to this. If you look at Hadoop-based technology capabilities, many are still immature and require unique specialized skills. We have already seen new product announcements that address this need, including the recent announcements on Cloudera Impala and Microsoft Polybase. In fact, some of these capabilities already exist today, making it easier to access the right data at the right time with the best set of tools.

Prediction 5: Heavyweights, such as Oracle and IBM, will Make Acquisitions in the Big Data Market
Large organizations have already embraced Big Data, which has legitimized the market over the past year. We expect that some of the established players who lack unique technology capabilities or expertise will make acquisitions in 2013. The two obvious heavyweights are Oracle and IBM -- which already have a diverse portfolio of established products in the data management sector, but who also recognize that time to market is critical in order to gain a stronger foothold with an all encompassing Big Data offering for enterprise customers.

Executive Quote
"The increasing need to leverage Big Data for competitive advantage, along with the rise in innovative product offerings, will completely change the way customers store, manage and analyze their most critical asset -- data. Enabling enterprise customers to manage petabyte scale data environments in a much more efficient and cost effective way is what is now required. Over the next 12 months, Big Data will take the spotlight because it is on every company's short list."
-- John Bantleman, CEO of RainStor

Additional Resources

About RainStor
RainStor provides Big Data management software. RainStor's database enables the world's largest companies to keep and access limitless amounts of data for as long as they want at the lowest cost. It features the highest level of compression on the market, together with high performance on-demand query and simplified management. RainStor runs natively on a variety of architectures and infrastructure including Hadoop. RainStor's leading partners include Amdocs, Anritsu, AdaptiveMobile, Dell, HP, Qosmos and Teradata.

RainStor is a privately held company with offices in San Francisco, USA and Gloucester, UK. For more information, visit www.rainstor.com. Join the conversation at www.twitter.com/rainstor.

(1) Computerworld Big Data Study, July 2012

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Danielle Salvato-Earl
Kulesa Faul for RainStor
650-340-1982
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, discussed the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band-aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It does...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Major trends and emerging technologies – from virtual reality and IoT, to Big Data and algorithms – are helping organizations innovate in the digital era. However, to create real business value, IT must think beyond the ‘what’ of digital transformation to the ‘how’ to harness emerging trends, innovation and disruption. Architecture is the key that underpins and ties all these efforts together. In the digital age, it’s important to invest in architecture, extend the enterprise footprint to the cl...
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web ...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...