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Techcircle Big Data Forum 2014 in Bangalore

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Techcircle Big Data Forum 2014 in Bangalore

Bangalore: The world generates one petabyte of data every 11 seconds, which is equivalent to 13 years of consecutive high definition video. Big Data is expected to be a market worth $1 billion in India by 2015, growing at a CAGR of 83 per cent since 2012, according to a Nasscom report. In addition, India’s digital universe is currently growing 67 per cent faster than the US, and is expected to reach 2.9 zettabytes by 2020, accounting for 7 per cent to the total global digital universe. Recently, Big Data firm Cloudera raised $900 million in its latest round of funding, which valued the company at $4.1 billion.

The Big Data technology and services market is also expected to grow exponentially, fuelled by the vast volume of data coming from connected devices- making up the Internet of Things (IoT). According to IDC, more than 15 billion devices will be connected to the internet by 2015. With so much happening in the space, how are Indian companies looking at 'Big Data' as an opportunity?

According to a recent study conducted by EMC, 91 per cent of Indian businesses were aware of the potential benefits of Big Data, but as much as 26 per cent have no current plans to utilise it. Given that a lot of Big Data is about processing unstructured data, is India ready to embrace next generation analytics and shift to true data-driven decision making?

One thing is for sure, the Big Data wave is here. The question of the hour is that are you ready to ride it? If you fall in the 99.9 per cent bracket whose answer is 'yes', come attend the debut edition of the Techcircle Big Data Forum 2014, a unique conference that will bring together industry experts, early adopters of Big Data, key investors and business leaders to decode the value of Big Data for Indian companies!

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