Big Data is Creating Big Demand for Data Storage

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Big data storageAccording to Evans Data’s 80% percent of developers working with Big Data expect their demand for data storage to increase during the next 12 months. These are just some of the finding from Evans Data’s newly released Data and Advanced Analytics Survey 2013 which questioned over 440 developers actively working with databases and analytics.  Of those expecting an increase, 36% expect the new storage to be accommodated off-site in the Cloud.  A third of the developers in the survey expect their company’s overall data stores to increase by 75% or more in the next 12 months.

This analysis correlated to the insideBIGDATA Audience Survey which finds that 75% of our readers planning to buy big data storage. This survey will be released in October. If you want to weigh in with your insights or receive a copy of the study you can still participate.

“Big Data is really providing excitement in the industry as companies begin to realize the treasure they have for R&D, marketing and analytics”, said Janel Garvin, CEO of Evans Data Corp. “But while Big Data has the potential to provide amazing advancements in those areas, it’s currently mostly found in IT departments where its nascent influence is being nurtured by developers and the IT staff that usually funds Big Data projects.”

While IT is split over whether the data will be stored on-site or in the Cloud, two-thirds agree that the typical structure of data or analytics projects must be integrated into an enterprise-wide data warehouse, and not segregated from other data projects.

For more about The Data and Advanced Analytics Survey 2013 visit Evans Data Corporation.

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  1. Storage needs will continue to increase, that much is certain. Whether or not it will be within the cloud or stored locally is slightly harder to answer. Many people have reservations about the cloud. I think fears about security and accessibility will slowly be put to rest but there is something inherently troubling about putting all your eggs in one basket like that!