Gartner just came out with their Big Data IT spend forecast for the five year period of 2012 through 2016. It's a jaw dropping, but I think reasonable, sum of $232B through 2116 (Details on Tech Crunch). That's an average of $46B of spend a year--or ~1.5% of the total global IT spend of $2.7 trillion a year (Gartner's Global IT Spend). That's what a Google or a Cisco did in total revenue over the past year. Or from a software company perspective, that's a 2012 Oracle plus three 2012 Salesforces in sales. We're talking a significant disruption and growth here. Choose a seat near the front of the plane and buckle your seat belt.
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