He poses the question – Is Big Data a bubble? And his answer is: Yes, but that’s a good thing.
Here’s a little bit of where the market is going in the big data space according to Hardy:
Big Data is clearly big business, adding a new level of certainty to business decisions, and promoting new discoveries about nature and society. That is why over the past two years I.B.M., E.M.C. and Hewlett-Packard have collectively invested billions of dollars in the field. This past week, Oracle bought Endeca, a company to manage and search through large volumes of things like e-mail, for a rumored $750 million. H.P. paid $10.3 million for Autonomy, which does a much bigger version of the same thing. The first H.P. products with Autonomy technology, along with pattern-finding algorithms from an outfit called Vertica, which H.P. bought earlier this year, will most likely be out next month.
You can read Hardy’s NYT article here…
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