siliconANGLE » Wikibon’s Big Data Data: It’s a Profitable Industry

Wikibon’s Big Data Data: It’s a Profitable Industry

Maria Deutscher | February 24th
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Wikibon’s Jeff Kelly compiled a couple of charts that lay out the big data market scheme rather accurately, both from an overall point of view and from an individual vendor perspective.

The first graph covers a prediction of how much growth this industry will see throughout the next five years – a lot of growth, according to this particular forecast, as well as pundits from Wikibon, SiliconANGLE and others with equally formidable associations.

In 2012 total revenue will add up to a little over $5 billion, and in 2017 Kelly sees that figure rise over a tenfold to $53 billion. There’s no telling which companies will dominate the scene by then, but the report does cover most of the current industry leaders in terms of revenue.

IBM tops the charts today with $1 billion, followed by Intel, Hewlett-Packard and Oracle. It’s also interesting to observe how the most prominent big data startups – some of which have managed to gain a much more elevated status by now – fit in: Cloudera takes the 24th place, followed by MapR nine spots below and HortonWorks, the youngest of the three, located a marginal thee below the former.

Tableau Software, the company that’s last on Kelly’s list, posted the numbers along with a quote from the Wikibon Big Data Manifesto:

“Wikibon believes Big Data is the new definitive source of competitive advantage across all industries. For those organizations that understand and embrace the new reality of Big Data, the possibilities for new innovation, improved agility, and increased profitability are nearly endless.”

The Hadoop/big data universe is currently ruled by some of the largest players in IT, as well as smaller companies that managed to gain a head start over the industry. But there’s always room for innovation. Skytree is the newest analytics startup to have come out of stealth.

In the same vein:

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