Survey: 28% of organizations say they’re collecting, processing, and analyzing significantly more security data than they did 2 years ago, while another 49% were collecting, processing, and analyzing somewhat more data during the same timeframe.
Managing big data apps is a challenge for many IT organizations. Moreover, chief data officers (CDOs) and their data and analytics (DA) teams are not achieving the best balance required to deliver superior performance, according to Gartner.
Predictive Maintenance solutions market has reached $3.3B in 2018 and is forecast to grow at 39% to $23.5B by 2024. It is estimated that in 2024, adopters of Predictive Maintenance will save $188B in costs on top of other benefits such as improved regulatory compliance and enhanced safety.
via IoT Analytics
Devices connected to the Internet, including machines, sensors, and cameras that are the Internet of Things (IoT), continues to grow. IDC forecasts there will be 41.6 billion connected IoT devices generating 79.4 zettabytes (ZB) of data in 2025.
Demand is surging for information-technology (IT) workers with advanced digital skills, as more companies seek help developing data analytics, artificial intelligence (AI) and other emerging business tools.
By 2024, over 2 million farms and 36 million cattle will be connected, according to ABI Research. There’s a significant upside opportunity for IoT apps within the agricultural market — specifically connected agriculture in field crops, tree crops, and livestock.
“Digital transformation is a key driver of BDA spending with executive-level initiatives resulting in deep assessments of current business practices and demands for better, faster, and more comprehensive access to data and related analytics and insights,” said Dan Vesset, group vice president at IDC.