Not that long ago, the term “big data” was just another buzzword. Today, “big data” has become one of the fastest growing technologies. The market for big data is already worth US$46 billion, according to a new report from SNS Research. The same report predicts that companies will spend more than US$72 billion on big data hardware by the end of 2020. Another key tell-tale sign is the growth of the data center market. A Technavio report places APAC as the fastest-growing data center construction market growing at a CAGR of 17 percent to reach US$20 billion by 2020. This is spurred by the growth of cloud-based service offerings, mining of consumer data repositories, and IoT. Read more: techinasia.com
