Big Data analytics along with Hadoop projects are quickly emerging as the key factor to address business and technology trends that are affecting traditional data processing and analysis. Organizations can now gain a competitive edge by adopting Big Data analytics as early as possible.
IDC Report on Hadoop Analytics:
A recent IDC study titled as “What trends for Hadoop deployments in Businesses?” sponsored by Red Hat, confirms that Hadoop has become the norm for analytics implementation across all sectors.
The following are excerpts from this report:
- The key prediction in this report is that Hadoop is a widely acclaimed analytical tool.
- Companies have combined Hadoop with other databases to be used in different ways for Big Data analysis.
- 32 % of companies surveyed have already deployed Hadoop, 31 % intend to deploy Hadoop in the next 12 months and 36 % say Hadoop will be deployed after a year.
- Approximately 39 % of respondents said they used Hadoop to develop innovative services, such as the analysis of secondary data sets for modelling scenarios.
The advantages of using Hadoop as indicated by the study are: improved customer satisfaction, reduced development time and reduced cost of operation.
Gartner’s Report on Hadoop Analytics:
- Hadoop is expected to be even more prevalent in coming years.
- 65% of packaged analytic applications will have Hadoop embedded in it by 2015.
- Application providers will begin embedding purpose-built, Hadoop-based analysis function within packaged applications, in spite of it still being in testing phase.
- By 2015, more than 30% of analytics projects will be used to analyse both structured and unstructured data.