June 20164While MarketsandMarkets predicts that the big data market will grow from $28.65 billion in 2016 to $66.79 billion by 2021 at a CAGR of 18.45 percent, IDC predicts the market to drive strong growth in big data-related infrastructure, software and services at a CAGR of 23.1 percent over the period of 2014-2019, with annual spending reaching $48.6 billion in 2019. With data growing exponentially, it is estimated that by the year 2020, about 1.7 megabytes of new information will be created every second for every human being on the planet, and our accumulated digital universe of data will grow to around 44 zettabytes. With the data mega blocks, companies have started building their Lego houses to plan their business development and future strategies ­ whether it is customer relationship building, employee engagement, expansion plans or others. Tapping such huge opportunities, several big data experts left their cozy jobs and jumped into the band wagon of being a startup entrepreneur and relish their experience buds with sweet and bitter experiences, and have successfully created big data startups that lock their horns with the biggies of the industry. Investors are no behind in pampering these startups. For instance, Cloudera received a whopping $900 million from top tier institutional and strategic investors, Palantir Technologies got $450 million last year, and MongoDB gulped $80 million from new and existing investors in 2015. The list is endless and the faith put on startups by investors weigh much more than one could have thought of. Following the footsteps of these new but big names of the industries, several fresh and experienced brains have taken a plunge to cater out-of-the-box services to customers by demystifying the big data clutter to help clients find the perfect solution to their predicaments. Anamika SahuManaging Editoreditor@startupcity.comDemystifying the Code Called Big Data Vol 2 · Issue 2 · June 2016 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Editorial Team Ananth. V Inslita R Teles Kavitha G Pushpita Das Sayani Mandal Subarna Saha Sujith Vasudevan Susila Govindaraj Sales & Marketing Ashu Sethi Ashish Kumar Editorial Queries editor@startupcity.com To subscribe Visit www.startupcity.com/subscribe Cover price is Rs 100 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murigheshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2016 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalVisualiser Praveen. CP Sri KrishnanSr. Manager Sales & Marketing EDITOR'S NOTEAmrit Singh
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