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IDC and Gartner 2012 Predictions about Cloud Computing and Big Data

On Thursday, IDC and Gartner, the analyst powerhouses, introduced their latest cloud computing along with big data predictions and a few new statistics.These latest move, predictions and comments have generated different opinions and prospectives.

According to IDC, "Big Data will earn its place as the next ‘must have' competency in 2012,″ (IDC). IDC has predicted that by 2012 around 2.43 zettabytes of unstructured data will be constructed - the primary problem will be storing such large amounts.

Secondly, "2012 is likely to be a busy year for Big Data-driven mergers and acquisitions," IDC predicted. This year saw a few mergers and acquisitions which effected market equations to a large extent. In the coming year, there are few such deals on the table including companies like Infobright, Attivio, Quantivo, Kognitio and ParAccel are potential targets for acquisition.

On the other hand, Gartner predicted that, "Through 2015, more than 85 percent of Fortune 500 organisations will fail to effectively exploit big data for competitive advantage", as reported by Giga Om.

A few more predictions were made by these two firms; many of them are related to cloud computing. There are few company specific predictions also so it will be interesting to see how many predictions come true.