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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…

Enterprise Reclaims Role as World’s Data Steward

The enterprise is fast becoming the world’s data steward—again. In the recent past, consumers were responsible for much of their own data management and storage, doing so locally through endpoints like smartphones Read more…

New Technology-Enabled Approaches to Avoiding Collaboration Overload

More than 8 million customers across 70,000 companies use Slack’s collaboration-messaging tool. The vendor, which recently filed for an IPO, has been the poster child of the burgeoning enterprise collaboration and mess Read more…

Data Growth Rate in U.S. Predicted to Slow

While data continues to pile up in unprecedented volumes, the rate of data generation in the U.S. relative to the rest of the world is predicted to slow in the coming years, according to a new report issued by IDC. Th Read more…

Global DataSphere to Hit 175 Zettabytes by 2025, IDC Says

The data we have now is huge. But size, it turns out, is a relative thing. And according to the IDC, the sum of the world's data – the DataSphere -- will grow from 33 zettabytes in 2018 to a mind-boggling 175ZB by 2025 Read more…

Searching Elastic’s IPO Filing

Elastic filed paperwork last week to make an initial public offering (IPO) of stock to trade on the New York Stock Exchange under the ticker symbol ESTC, making it the latest software firm with big data roots to test the Read more…

This Just In

IDC Forecasts Spending on GenAI Solutions Will Reach $143B in 2027 with a 5-Year CAGR of 73.3%

Oct 16, 2023 |

NEEDHAM, Mass., Oct. 16, 2023 — A new forecast from International Data Corporation (IDC) shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023. This spending, which includes GenAI software as well as related infrastructure hardware and IT/business services, is expected to reach $143 billion in 2027 with a compound annual growth rate (CAGR) of 73.3% over the 2023-2027 forecast period. Read more…

Salesforce Reveals New IDC Study: Generative AI to Boost Revenues by Over $2T and Create 11.6M Jobs by 2028

Sep 11, 2023 |

Sept. 11, 2023 — Salesforce today shared the topline results from a forthcoming IDC study showing that the company and its partner ecosystem, fueled by the new wave of generative artificial intelligence (AI), will create a net gain between 2022 and 2028 of more than $2 trillion in business revenues and 11.6 million jobs. Read more…

IDC-Teradata Study: Data Ethics, IT Complexity, and the Future of Generative AI in Global Enterprises

Aug 1, 2023 |

SAN DIEGO, Aug. 1, 2023 — Executives at large enterprises across the globe are facing unprecedented pressures around adopting generative artificial intelligence (GenAI), addressing ever-increasing data complexity, and managing a growing skills gap. Read more…

IDC: Compute and Storage Cloud Infrastructure Spending Continued to Grow as Prices Soared in 1Q 2023

Jul 5, 2023 |

NEEDHAM, Mass., July 5, 2023 — According to the International Data Corporation (IDC) Worldwide 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 14.9% year over year in the first quarter of 2023 (1Q23) to $21.5 billion. Read more…

IDC Report: The Convergence of Modern Technologies Transforms IT Roles, Fueling Growth in DataOps and MLOps

Jun 5, 2023 |

NEEDHAM, Mass., June 5, 2023 — The roles and activities performed by IT professionals have evolved dramatically over the past ten years due to the convergence of modern development technologies, cloud platforms, and as-a-service offerings that can significantly improve overall productivity. Read more…

Structured Data Management Fuels Majority of Second Half 2022 Compute & Storage Spending, Says IDC

May 5, 2023 |

NEEDHAM, Mass., May 5, 2023 — Structured Databases/Data Management continued driving the largest share of enterprise IT infrastructure spending in the second half of 2022 (2H22), according to the International Data Corporation (IDCWorldwide Semiannual Enterprise Infrastructure Tracker: Read more…

IDC, Google Cloud Report: Data Silos Hinder Manufacturing Digital Transformation

Apr 14, 2023 |

SUNNYVALE, Calif. and HANNOVER, Germany, April 14, 2023 — Ahead of Hannover Messe, one of the largest manufacturing events in the world, Google Cloud announced today new global research that found that manufacturers who provide immersive and personalized customer experiences (CX) are outperforming their peers in terms of revenue, profits, and ecommerce sales. Read more…

IDC’s 1st Forecast for the Performance Intensive Computing as a Service Market Shows Worldwide Revenue Reaching $103B in 2027

Apr 4, 2023 |

NEEDHAM, Mass., April 4, 2023 — International Data Corporation (IDC) has published its first-ever forecast for the performance intensive computing as a service (PICaaS) market. Read more…

Compute and Storage Cloud Infrastructure Spending Stays Strong as Macroeconomic Headwinds Strengthen in Q4 of 2022, IDC Reports

Mar 31, 2023 |

NEEDHAM, Mass., March 31, 2023 — According to the International Data Corporation (IDC) Worldwide 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 16.3% year over year in the fourth quarter of 2022 (4Q22) to $24.1 billion. Read more…

IDC Report: Responsible AI Integral to Unlocking Benefits for B2B Enterprises

Mar 23, 2023 |

PALO ALTO, Calif., March 23, 2023 — A new IDC White Paper sponsored by Credo AI, a global leader in AI governance software, reveals one of the biggest opportunities for B2B enterprises in 2023 is getting the adoption of artificial intelligence right. Read more…

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