Hadoop Annual Growth Numbers Sky-High

July 8, 2014

The article titled Hadoop Sector will Have Annual Growth of 58% for 2013-2020 in CloudTimes offers a wild and crazy market size estimate for the company. Hadoop is open source so this is a lot of services revenue. Hadoop’s achievement is based on work in big data analysis, access to big data at high speeds, and the management of unstructured data. Keeping costs low while maintain effectiveness spelled success for Hadoop. The article states,

“The report categorized the Hadoop software market into application software, management software, packaged software and performance monitoring software and found that application software category is leading the global Hadoop software market due to high return in its increasing implementation by developers to build real time applications. Also, Hadoop packaged software provides easier deployment of Hadoop clusters. Thus, Hadoop projects such as MapReduce, Sqoop, Hive and others can be smoothly integrated.”

The article does offer some caution to balance the wildly positive report for Hadoop. Due to holes in qualified staff to fill the company, there has been some slowing of growth especially in small and medium enterprises, who might hesitate to adopt the software. Hadoop is booming with government sectors, manufacturing, BFSI, retail and healthcare, among other areas.

Chelsea Kerwin, July 08, 2014

Sponsored by ArnoldIT.com, developer of Augmentext

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