Click link below picture
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We’ve had software as a service, platform as a service and data as a service. Now, by mixing them all together and massively upscaling the amount of data involved, we’ve arrived at Big Data as a Service (or BDaaS, and it’s pronounced how you will).
It might not be a term you’re familiar with yet, but it suitably describes a fast-growing new market. In the last few years many businesses have sprung up offering cloud-based Big Data services to help other companies and organizations solve their data dilemmas.
Some estimate that the portion of business IT spending that is cloud-based, x-as-a-service activity will increase from about 15% today to 35% by 2021. Given that it is estimated that the global Big Data market will be worth $88 billion by that point, we can see that the forecast value of the BDaaS market could be $30 billion.
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A healthcare data demo at IBM Watson headquarters in New York City. (Jon Simon/Feature Photo Service for IBM)
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Click link below for article:
http://www.forbes.com/sites/bernardmarr/2015/04/27/big-data-as-a-service-is-next-big-thing/
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