Software Giants Race to Solve the Big Data Puzzle
September 23, 2011
Many companies are in need of a new way to store large amounts of data because their existing hardware and software is unable to handle it efficiently. McKinsey Global Institute (MGI) estimates that organizations across nearly all sectors in the US economy have at least an average of 200TB stored somewhere within their IT infrastructure, with many storing more than 1 petabyte.These exceptionally large and diverse repositories of information needing organization are known as ‘big data’ and companies have begun to seek out data warehouse specialists such as Greenplum to help maintain it.
Other software companies have also put their hats in the ring to come up with a potential solution to this issue. The Computing.Co.UK article, Essential Guide to A Big Data: Part One states:
Microsoft, Oracle, SAP and Endeca are looking to sell enhanced database, analytics and business intelligence tools based on the big data concept, though the very definition of the term tends to be manipulated to play to individual product strengths in each case, meaning big data remains a moving target in many respects.
The article goes on to explain the need for big data hardware and software and how it can increase the success of businesses that choose to utilize it. I found this information very useful and helpful.Jasmine Ashton, September 23, 2011
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