Today’s IP news roundup highlights some of the latest headlines in cloud, big data and more:
- According to the McGladry “2013 Manufacturing and Distribution Monitor Report”, 45% of manufacturers use cloud computing for systems and applications. This number has risen from 41% last year, as growing demand is causing manufacturing executives to invest more in new technologies. Seventy-one percent of respondents have experienced sales increases within the past year, and 83% expect sales to continue to increase. The survey of 1,067 manufacturing executives also revealed that the majority of respondents are using cloud services for storagsoe, infrastructure and backup. Other popular cloud services include office productivity systems and customer relationship management applications. For more information, download the “2013 Manufacturing and Distribution Monitor Report” (PDF).
- The travel industry can see big benefits from big data. According to an Experian QAS article, airlines, hotels and other travel-related companies can use big data to gain a better understanding of their customers and stand out from their competition. The article states, “For the companies that provide services to travelers, using big data analytics can help them win consumers’ loyalty and generate more profits over the long haul. Improving service is about increasing the lifetime value of long-term customers, and big data can play a role in gauging people’s needs and improving service to win them over.” For three ways that big data can help travel companies, see the Experian QAS website.
- Both governments and individuals must take steps to protect their privacy in the era of big data. GigaOM interviewed Dr. Alexander Dix, Berlin’s privacy chief. Dr. Dix believes that both the government and individuals can take steps to protect their privacy. He advocates for “increased international agreement on what should be the limits on monitoring internet traffic and people’s behavior”, as well as “international guarantees of privacy, such as in the UN Covenant on Civil and Political rights.” However, he also believes that we need technology to “empower the individual user to do what he can to protect his own communications. So there’s no one ideal solution; we need to have both.” For more of Dr. Dix’s insights on big data and privacy, see GigaOM.
- And finally … Transparency Market Research revealed that the global big data market will increase from $6.3 billion in 2012 to $48.3 billion by 2018. According to the “Big Data Market – Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2012 – 2018″, this represents a compound annual growth rate of 40.5%. The growth of the big data market is driven by the dramatic increase in the amount of data across sectors such as finance, healthcare, and media and entertainment. Meanwhile, “North America is expected to maintain its lead position in terms of revenues till 2018, with about 54.5% share of the global big data market revenue, followed by Europe.” For more big data trends, see the Transparency Market Research press release.
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