In a recent address in San Jose California, Doug Cutting, creator of Hadoop, the open source framework for big data analytics, reviewed the course of Hadoop and Big Data over the past ten years (yes, its been happening for ten years!). He pointed out how Big Data analytics has now moved into the space previously held by ERP and other Enterprise systems. Companies are using big data analytics increasingly to enable evidence-based decisions.
Over those 10 years, new and more powerful technologies have been introduced to improve Hadoop and enable better analysis. While much analysis started with MapReduce, many organizations are now using Apache Spark - also open source and powerful.
In a new study issued by Oxford Economics, it was pointed out that the use of big data analytics will explode with the availability of new data from the Internet of Things (IoT), a rapidly growing feature of the internet under which all kinds of items are connected to the internet and generating data. This would include appliances, houses, cars, and so on - your imagination is the limit. The study supports the predictions of Mr Cutting that big data analytics using Hadoop will become a central part of enterprise systems over the next ten years.
For more on these topics, check out this article and this report.
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