For 2012, the worldwide software market grew 3.6% year over year reaching a total market size of $342 billion, according to IDC.
As demand for Big Data technology and services continues to escalate, all levels of the Big Data technology stack will experience significant growth.
The amount of data government agencies must capture, store, and analyze is growing exponentially.
HP unveiled the HP Moonshot system, delivering new infrastructure economics by using up to 89 percent less energy, 80 percent less space and costing 77 percent less, compared to traditional servers.
More than 75 percent of federal managers believe Big Data has the power to fundamentally transform federal operations, according to the Government Business Council (GBC) and Booz Allen Hamilton.
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