Rapid Growth in Big Data Is Luring Tech Players to the Space

Salesforce, Microsoft, and Oracle Are on an Acquisition Spree(Continued from Prior Part) Big Data: A new source of growth So far in this series, we’ve looked at recent acquisitions of Salesforce.com (CRM) and Microsoft (MSFT) in the machine learning and Big Data space. Due to the SMAC (social, mobile, analytics, and cloud) revolution, there’s been an exponential increase in the amount of data generated. An increase in data generation and connected devices has made Big Data a new source of growth. Let’s have a look at the projected growth in this space. Salesforce.com estimates that >90% of the world’s data has been generated in the last two years. The number of connected devices is projected to reach 75 billion by 2020. According to EMC, by 2020, the digital universe will grow…


Link to Full Article: Rapid Growth in Big Data Is Luring Tech Players to the Space