{"id":4272,"date":"2012-10-22T12:45:00","date_gmt":"2012-10-22T12:45:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2410126"},"modified":"2012-10-22T12:45:00","modified_gmt":"2012-10-22T12:45:00","slug":"gartner-it-to-spend-232b-on-big-data-over-5-years","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/gartner-it-to-spend-232b-on-big-data-over-5-years\/","title":{"rendered":"Gartner: IT to Spend $232B on Big Data over 5 Years"},"content":{"rendered":"<p>A new report from analyst firm Gartner forecasts that IT organizations will spend $232 billion (US) on hardware, software and services related to Big Data through 2016. Some key findings from the report: $5.5 billion in new software sales will be driven directly by demands for new big data functionality in 2012, and will grow at a rate of over 16% annually through 2016.<\/p>\n<p>The sub-segments receiving the biggest Big Data investments are social network analysis and content analytics, with 45% of new spending each year. In the short term, much more will be spent on IT services than on software, by as much as a 20:1 ratio. Gartner forecasts that this ratio will drop as the market matures., Gartner projects a 20x ratio of IT Services to Software in the short term, dropping as this market matures and more expertise is available &#8220;Big Data&#8221; will soon be the &#8220;new normal&#8221;. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2410126\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new report from analyst firm Gartner forecasts that IT organizations will spend $232 billion (US) on hardware, software and services related to Big Data through 2016. Some key findings from the report: $5.5 billion in new software sales will be drive&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-4272","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/4272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=4272"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/4272\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=4272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=4272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=4272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}