It’s official- Big Data is no Longer just Hype

In an article in Silicon Angle titled No more hype: 74 percent of execs say Big Data demands “serious attention”, Mike Wheatley says that Big Data has officially gone mainstream. Findings show that organizations spending at least $10 million on Big Data expect to increase this investment by between 35 and 75 percent in the next four years. Meanwhile, those who have already spent in excess of $50 million on Big Data will ramp things up by between 6 and 28 percent during the same period. The old skepticism it seems, has been replaced by a determination to get Big Data projects up and running as soon as possible.

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