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IDC: Worldwide AI Spending Grew Over 20% in 2021, will Reach $450B in 2022

A new report from IDC predicts the global market value of artificial intelligence solutions will reach close to $450 billion in 2022 and will continue to grow over the next five years. According to IDC’s Worldwide S Read more…

Immuta Report Highlights ‘Aspiration Gap’ in Cloud Data Management

A new IDC InfoBrief, sponsored by data access specialist Immuta, has found that while 87% of European CXOs named becoming a data-driven organization as a high priority, significant challenges remain in their cloud data m Read more…

Report: Data Mature Organizations See 3x Greater Revenue

Digital insights specialist Heap has announced findings from its newly released sponsored IDC white paper, “How Data Maturity and Product Analytics Improve Digital Experiences and Business Outcomes.” The paper found Read more…

Big Growth Forecasted for Big Data

These are heady times to be in the big data business, with big growth predicted for the foreseeable future across several measures, including data generation and storage, market spending, and data analytics hiring. Fi Read more…

Cost Overruns and Misgovernance: Two Threats to Your Cloud Data Journey

So you’re moving data into the cloud. That’s great! After all, cloud compute and storage can supercharge your organizations’ digital strategy. But you should also be aware of new challenges that you will face, incl Read more…

The Past and Future of HPDA: A Q&A with Steve Conway

Steve Conway, a senior adviser at Hyperion Research, has been watching the big data market evolve and transform for well over 10 years. You will remember that it was Conway, while at IDC, who coined the term “high perf Read more…

10 Big Data Statistics That Will Blow Your Mind

They call it “big data” for a reason--it's really, really big. But getting your head wrapped around the growth of information digitization is not easy. That’s why we carefully curated these 10 mind-blowing facts ab Read more…

Storage in the Exabyte Era

Back in 2010, a petabyte was considered a lot of data for a single company to have. But today, petabyte is child’s play, and the biggest enterprises are managing data stored in the exabyte range. Finding economical way Read more…

‘Data Workers’ Failing to Cope

More evidence is emerging that “data workers” in general and data scientists in particular are bogged down by the sheer breadth of their company’s data. Meanwhile, the skills gap between data experts and line-of Read more…

Faulty Data is Stalling AI Projects

Tens of billions will be spent this year on AI development, but those efforts continue to be stymied by ratty data that has undermined model training efforts and burned through project budgets. That’s the sobering c Read more…

This Just In

IDC Finds Cloud Compute and Storage Spending Increased in Most Regions in Q2 2022

Sep 30, 2022 |

NEEDHAM, Mass., Sept. 30, 2022 — According to the International Data Corporation (IDCWorldwide Quarterly Enterprise Infrastructure Tracker: Buyer and Cloud Deployment, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 22.4% year over year in the second quarter of 2022 (2Q22) to $22.6 billion. Read more…

New Research Shows Analytics Outpaces Other Software Spending in Next 12-18 Months

Sep 12, 2022 |

IRVINE, Calif., Sept. 12, 2022 — Alteryx, Inc., the Analytics Automation company, issued findings from Alteryx-commissioned IDC research, “4 Ways to Unlock Transformative Business Outcomes from Analytic Investments,” Read more…

IDC: AI Spending Grew 20.7% Worldwide in 2021

Sep 12, 2022 |

NEEDHAM, Mass., Sept. 12, 2022 — Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services for both AI centric and AI non-centric applications, totaled $383.3 billion in 2021, an increase of 20.7% over the prior year, according to the most recent International Data Corporation (IDC) Worldwide Semiannual Artificial Intelligence Tracker. Read more…

IDC Report Highlights 4 Companies Advancing Retail with AI

Sep 7, 2022 |

NEEDHAM, Mass., Sept. 7, 2022 — International Data Corporation (IDC) today published an IDC Innovators report profiling four technology vendors that have introduced powerful tools incorporating artificial intelligence and machine learning (AI/ML) for use in the retail industry. Read more…

IDC Forecasts Companies to Increase Spend on AI Solutions by 19.6 Percent in 2022

Feb 15, 2022 |

NEEDHAM, Mass., Feb. 15, 2022 — Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services, is forecast to grow 19.6% year over year in 2022 to $432.8 billion, according to the latest release of the International Data Corporation (IDCWorldwide Semiannual Artificial Intelligence Tracker. Read more…

Alation 2020.3 Delivers New User Experience and Enhanced Analytics

Oct 6, 2020 |

REDWOOD CITY, Calif., October 6, 2020 — Alation Inc., the leader in enterprise data intelligence solutions, today announced Alation 2020.3, a new release of its flagship data intelligence platform that helps organizations drive data culture and reflects the company’s commitment to provide customers with flexibility across the full range of cloud deployment options. Read more…

Survey: ‘Data to Insights’ Leaders See 23% Increase in Revenue Through Data Pipeline Optimization

Jul 28, 2020 |

PHILADELPHIA, July 28, 2020 — Qlik launched two new resources that build on the recent global IDC study sponsored by Qlik, which shows organizations that invest in creating data-to-insights (D2I) capabilities through modern data and analytics pipelines are seeing significant gains. Read more…

FortressIQ Launches Adaptive Computer Vision-Based Firewall for Data Privacy

Jul 23, 2020 |

SAN FRANCISCO, Calif., July 23, 2020  FortressIQ, the company delivering end-to-end process insights for the modern enterprise, announced Privacy Enhanced Gateway (PEG), in addition to updated security certifications to mitigate customers’ Read more…

Seagate’s ‘Rethink Data’ Report Reveals That 68% Of Data Available to Businesses Goes Unleveraged

Jul 15, 2020 |

FREMONT, Calif., July 15, 2020 – Seagate Technology plc released the report titled, “Rethink Data: Put More of Your Data to Work—From Edge to Cloud.” The report—based on a survey of 1500 global enterprise leaders, which was commissioned by Seagate and conducted by the research firm IDC—identifies today’s most pressing data management challenges, and solutions to them. Read more…

Study: Organizations Struggle with Data Management Deficiencies, Leading to Lost Profit and Productivity

Jun 25, 2020 |

PALO ALTO, Calif., June 25, 2020 – Rubrik, the Cloud Data Management Company, announced the results from an IDC White Paper study, commissioned by Rubrik, to evaluate the magnitude of the data sprawl problem and how IT organizations are prepared to deal with it. Read more…

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