IDC projects global revenue from big data will reach $203 billion in 2020. By 2025, we’ll produce 180 Zettabytes of data annually, much of it from IoT. And next year, there’ll be 440,000 big-data related jobs in the U.S. alone, with only 300,000 skilled workers to fill them.
With the growing popularity of All flash, strong storage performance features are becoming more and more intensified. Features such as storage systems latency shortened from milliseconds to microseconds, also indicate that the All-Flash market is more competitive than ever.
Founded in 2014 by a group of high-profile technology and manufacturing companies, the Industrial Internet Consortium has since blossomed into a major player in the critically important world of IoT, helping to demonstrate how the new technology can apply to a variety of commercial and industrial fields. Network World talked with the group's president, Bill Hoffman, who discussed the long, strange journey of technology's relationship with industry.
FinTech will benefit from three technologies that are expected to expand the usefulness of big data, offer more secure and responsive applications and exponentially grow computational performance.