Big Data is a $1 trillion market, says Cloudera CSO Mike Olson | #BigDataNYC
Big Data market is a trillion-dollar market, and that value will be realized not because of the data scientists, but because they have rendered their skills to applications and software that regular people can use, according to Mike Olson, chief strategy officer, Cloudera Inc.
At the Big Data NYC event hosted by theCUBE this week, Olson explained that the Big Data world has changed in terms of the scale, reach and maturity of the platforms. His company is seeing Big Data rolling out in some compelling use cases, noting healthcare and even “helping chase terrorists through the jungle,” Olson shared. Finance is a particularly promising market for Cloudera because the technology is ubiquitous and the applications and tools are much better now, he said. “The maturity of the market has made it much easier for enterprises to adopt the platform and integrate it with mission critical processes,” Olson added.
In his joint interview with Ryan Peterson, chief solutions strategist at EMC, Olson talked about the new partnership between EMC and Cloudera, as well as Intel Corp.’s investment in the company, and their collaboration so far.
“Inert data sitting in storage is taking up space. Using that data to understand the world better was always the case,” Olson explained, saying the team up between Cloudera and the storage giant makes for a combination of good, scale-out storage with the analytics capabilities that Cloudera adds to EMC to support improved applications.
You can catch up on archived interviews on SiliconANGLE’s YouTube Channel here.
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