Infotech Lead India: Big Data is set to drive storage market, according to IDC.
Storage, as a major infrastructure component, will increase at a CAGR of 53 percent between 2011 and 2016.
Revenue from Storage consumed by BD&A environments will increase from $379.9 million in 2011 to nearly $6 billion in 2016. This growth will come largely from capacity-optimized systems (including dense enclosures), however, software-based distributed storage systems with internal disks to store post-processed data will also be embraced by some users.
“Storage will be one of the biggest areas of infrastructure spending for Big Data and analytics environments over the forecast period,” said Ashish Nadkarni, research director, Storage Systems, IDC.
Additionally, businesses will continue to tap into newer data sources as they move their analytics efforts from search to discovery. This shift will accelerate spending on Infrastructure and data organization platforms will continue to accelerate.
Storage is a tremendously important subsystem that can determine the success of a Big Data and analytics implementation. Capacity growth and application performance continue to be the top challenges facing organizations of all sizes as they relate to how storage is attached to Big Data and analytics environments.
Performance was cited as the primary driver for selecting storage architecture among 68.6 percent of respondents. Another 59.5 percent indicated cost as a primary driver (multiple responses were allowed).
Just under 31 percent of respondents said they had no deployment of enterprise storage systems for data analytics infrastructure, but plan to start deploying in the next six months.
The type of converged infrastructure deployed for Big Data infrastructure was split almost evenly between discrete converged infrastructure (30.1 percent), Compustorage (29.4 percent), and Neither, we have done the integration in-house (28.4 percent).
Businesses will continue to struggle with what data to analyze, how to store data before and after it is analyzed, and how to feed the results of data analysis back into the business.
Analysis of operations-related data was cited by 63.7 percent of respondents as the primary use case for deploying data analytics infrastructure. Analysis of transactional data from sales or point-of-sale systems was cited by 53.3 percent of respondents.
IT was by far the greatest influencer of data analytics infrastructure. Operations was a distant second.
Improving customer satisfaction is the greatest business challenge to be solved with data analytics deployments, according to just over 61 percent of respondents.