JULY 2015: BIG DATA

Big Data’s Big Promises

of Fortune 500 companies are ill prepared to exploit Big Data. Source: Gartner

The digital universe is doubling every 2 years, and will reach 40,000 exabytes

(40 trillion gigabytes) by 2020.Source: IDC

By 2015, 4.4 million IT jobs globally will be created to support Big Data, generating 1.9 million IT jobs in the United States. Source: Gartner Symposium/ITxpo

By 2018, the United States alone could face a shortage of 140,000 to 190,000 people with deep analytical skills as well as 1.5 million managers and analysts with the know-how to use the analysis of Big Data to make effective decisions. Source: McKinsey Global Institute

Nearly 8 in 10 executives agree or strongly agree to the statement "if we could harness all of our data, we would be a much stronger business." Source: CompTIA; Big Data Insights and Opportunities

Fewer than 1 in 5 businesses report being exactly where they want to be in managing and using data.Source: CompTIA; Big Data Insights and Opportunities

Until recently,companies have focused on

converting their Big Data plans into working projects. Going forward,

companies must combine their strategic and operational goals to put Big Data to work transforming their businesses. But are compa-nies prepared to respond to the burgeoning Big Data market? Here’s a snapshot look at the Big Data predictions and trends that

may help to shape your strategies and budgets in

2016

85%

By Mila D'Antonio and Itzuri Burgos