Over the years, Big Data has evolved from being an ambiguous concept to one that is essential to provide competitive differentiation to companies. The Big data ecosystem evolved quite fast, with the addition of innovative and disruptive solutions and tools, which were received well by businesses.

A Forrester report, which analysed the market comprehensively, came up with this important finding - "In 2016, almost 40% of global data and analytics decision-makers say their firms are implementing as well as expanding big data technology and solutions, and another 30% are planning to adopt big data in the next 12 months."

The research agency is foreseeing an explosion in growth for Big data solutions like Hadoop, NoSQL, big data integration, data virtualization, and in-memory data fabric.

In this customer-centric economy, organizations are trying to leverage unstructured data to further enrich customer insights and improve it on a regular basis. And the good news is, help is at hand. Machine learning, predictive analysis and real-time insights will soon make it possible for businesses across the globe to take Big data to a whole new level.

Most importantly, Big data tools will be made accessible to business users, instead of restricting it to the data scientists alone. With data becoming a strategic asset for organizations, analysts are seeing the role of CDOs (Chief Data Officers) gaining power and prestige in the coming days. Big data is going to be a truly exciting space to watch out!.

CIO-Review covers Swan Solutions in its Nov 2016 issue of "20 Most Promising Microsoft Solution providers in India". Click here to read full article of Mr. Sandip Gaonkar (Solution Architect - Microsoft) on how Swan helps customers use Microsoft products, services, softwares and devices to solve and understand new possibilities for their business.