A new study has indicated the number of firms keen to invest in big data technology is continuing to rise.

1. Two Thirds of Firms to Invest in Big Data,
Survey Reveals
Facebook.com/storetec
Storetec Services Limited
@StoretecHull www.storetec.net
A new study has indicated the number of firms keen to invest in big
data technology is continuing to rise.
Research by analysts Gartner has found 64 per cent of companies
worldwide are planning such spending this year, compared with 58
per cent in 2012.

2. The survey, which asked 720 firms across the world about their plans,
may have been influenced by improved trading conditions in some
cases as economies start to recover, but the key influence for a lot of
firms will be their increasing need to have more online backup.
Of the 64 per cent that are spending more, 30 per cent have already
made the investment this year, with 19 per cent planning this in the
next 12 months and 15 per cent within two years. The most common
user is the media and communication sector, where 39 per cent of
firms have already invested in big data, followed by banking at 34 per
cent and services at 32 per cent.

3. However, transportation is in line to see the biggest take-up of the
technology at 50 per cent, followed by healthcare at 41 per cent and
insurance on at 40 per cent. Overall, the take-up is greatest in North
America and the Asia-Pacific region, with Latin America, Europe, the
Middle East and Africa tending to lag behind – a pattern Gartner noted
was common with new technology in general.
Research vice president at Gartner Frank Buytendijk remarked: "For
big data, 2013 is the year of experimentation and early deployment.
Adoption is still at the early stages with less than eight percent of all
respondents indicating their organisation has deployed big data
solutions.

4. "Twenty percent are piloting and experimenting, 18 percent are
developing a strategy, 19 percent are knowledge gathering, while the
remainder has no plans or don't know."
One Asia-Pacific region country that is lagging behind with new data
storage technology is the Philippines, according to a recent study by
the Microsoft Technology Centre.

5. While the research showed cloud adoption is well advanced in nations
like Singapore and Australia, the Philippines is being held back by
concerns over security and relatively slow connection speeds.
Storetec News/Blogs."http://www.storetec.net/news-blog/two-
thirds-of-firms-to-invest-in-big-data-survey-reveals/". Two Thirds
of Firms to Invest in Big Data, Survey Reveals. September 24,
2013. Storetec.

6. While the research showed cloud adoption is well advanced in nations
like Singapore and Australia, the Philippines is being held back by
concerns over security and relatively slow connection speeds.
Storetec News/Blogs."http://www.storetec.net/news-blog/two-
thirds-of-firms-to-invest-in-big-data-survey-reveals/". Two Thirds
of Firms to Invest in Big Data, Survey Reveals. September 24,
2013. Storetec.