Tim Watson

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Federal agencies spent close to $4.9 billion on Big Data resources during fiscal year 2012 and that number could grow to $5.7 billion in 2014. Research firm Deltek estimates federal big data spending will grow to $7.2 billion by 2017 as agencies strive to handle ever-increasing volumes of data, E-Commerce Times reports. John Higgins writes that one initial challenge agencies face currently is coming up with a definition of "Big Data." Alex Rossino, a Deltek principal research analyst at Deltek, told attendees at a March 14 conference that traditional analytics tools and computing resources are not able to keep up with the demands posed by the large amounts of data coming into agencies. Greg Elin, the Federal Communications Commission's chief data officer, told E-Commerce Times the current procurement process could inhibit agencies' abilities to acquire big data too... (more)

Dell's George Newstrom Charts Govt, Enterprise IT Evolution

George Newstrom, Dell executive director and general manager for the federal government defense and national security business, has penned an article for the company's official corporate blog on what he calls the "third platform" of technologies as he charts the evolution of information technology. Platform one saw mainframes and terminals hit the market and Newstrom writes this development helped government and other industry end users access thousands of applications, reaching millions of end users. Many places are in the second platform of client and server offerings, which st... (more)

Forecast: Big Data Will Drive Demand for Optical Interconnects

Communications Industry Researchers projects the market for fiber optic interconnection will rise from $1.1 billion in 2013 to $2.2 billion in 2018, with big data and green practices driving the growth. CIR's latest industry report provides forecast and guide for revenue generation from rack-based and board-to-board optical interconnects and looks at the activities of BinOptics, Avago, Neophotonics and other providers, CIR said Wednesday. The research firm cites processors, copper cables and videos as typical drivers of optical communications growth. According to the forecast, p... (more)

Booz Allen's Mark Gerencser: Big Data – A Dream or a Potential Nightmare?

Harnessing Big Data offers companies the potential to use analytics to upgrade product and service lines, adapt to consumer needs and better understand the impact of their business decisions, Mark Gerencser writes in an upcoming issue of University of Maryland, University College's Achiever magazine. But, Big Data's "big implications" for business growth are joined by pitfalls and obstacles that can work against a firm's best interests, rather than deliver improved value. To start, its a complex issue. "It is not only big volume, it's also big in variety and velocity-meaning d... (more)

IDC: Big Data Market to Reach $16.1B in 2014

Research firm IDC has predicted that the big data and analytics market will hit $16.1 billion in 2014 at a rate faster than the overall market growth for information technology, Forbes reported Thursday. Gil Press writes infrastructure will account for 45 percent of the market, services 29 percent and software tools 24 percent and that a separate forecast from the International Institute of Analytics says companies will embed analytics into business processes. The IDC projected cloud infrastructure to achieve a compound annual growth rate of 50 percent from 2013 through 2017, ac... (more)