According to a Mind Commerce report, global spending on big data is projected to grow 48% annually over 2014 through 2019 to $135 billion. Within the market, the researcher estimates that the global big data storage and server market will grow 31.87% annually over 2012 through 2016.
According to a market report by DFC Intelligence, Online Game Market Forecasts, worldwide revenue from online games is projected to grow to $35 billion in 2017 from $19 billion in 2011. The increasing adoption of mobile devices and smartphones is driving the growth within the online gaming industry. But Angry Birds’ maker, Rovio, is moving beyond pure games to all things entertainment.
According to TechNavio’s report, Global Document Management Systems Market 2012-2016, worldwide global document management market is projected to grow 13.98% over 2012-2016, driven by the increased adoption of such services by small and medium-sized companies. Here is a quick look at UK-based open platform document management solution provider, Alfresco.
Over the past few years, advancement in mobile technology has also led to the increased adoption of location-based services. Mobile applications make use of the device’s ability to transmit and store geographical location of the user to provide access to more value added services. According to a Juniper Research report, mobile location-based services market is projected to grow to $12.7 billion by 2014.
News aggregating service Flipboard recently announced that it had a user base of more than 56 million readers worldwide. Last August, that number stood at 20 million. Flipboard claims to add at least 200,000 users daily to its application to access more than 3.5 million magazines. Here is a quick discussion of how the site has been expanding its presence.
According to Gartner’s Magic Quadrant for Multichannel Campaign Management (MCCM), digital marketing accounts for nearly 25% of an organization’s marketing spending. The researcher anticipates spending on customer relationship management software to grow 7.5% this year to over $14 billion.
The wait is finally over. After months of maintaining silence over its plans and performance, social media icon, Twitter, has finally decided to go public. The company filed for an IPO under the JOBS Act, which lets companies with less than $1 billion in revenues file confidentially. Companies have to make public their documents at least three weeks before the road shows begin. That deadline ended for Twitter late last week when it decided to make its documents public.
BlackBerry’s (Nasdaq:BBRY) troubles continue. Earlier this quarter, the company warned investors of impending disappointing quarterly results. Even with the warning, the quarterly performance was shocking. In last-ditch efforts, BlackBerry announced plans to restructure and lay off 4,500 people, or nearly 40% of its employees, while it looks for private buyers.
According to IBISWorld’s IT Consulting Market Research Report, the worldwide IT consulting market is estimated to have grown 2% annually from 2008 to 2013 to reach $337 billion. These projections are aggressive when compared with GIA’s report, which pegs the IT consulting market to be worth $255 billion by 2015. But while industry estimates vary, most consultants agree that after a few years of economic slowdown, the IT consulting market is gaining back lost ground.
According to TheInfoPro Wave 5 Cloud Computing Study, the worldwide cloud computing market is projected to grow 36% annually to $19.5 billion by the year 2016. The study estimates that of the cloud-related projects being conducted by organizations, the biggest demand is in internal private cloud, followed by cloud provider strategy planning. Cloud projects related to Infrastructure-as-a-Service (IaaS) and Software-as-a-Service (SaaS) come a close third and fourth in terms of priority projects. It’s little wonder, then, that Oracle (Nasdaq: ORCL) is investing heavily in the cloud space.