Big data hardware market to reach $4.3bn by 2018.
The analyst company predicts the server market for HPDA will
grow at a compound annual growth rate of 23.5%, to reach $2.7bn by 2018. The
related storage market will grow to $1.6bn in the same period.
The Worldwide High-Performance Data Analysis 2014-2018
Forecast looks at big data workloads that exploit HPC resources. The HPDA
market represents the convergence of long-standing, data-intensive modelling
and simulation (M&S) methods in the HPC market segments that IDC has
tracked for more than 25 years and newer high-performance analytics methods
that are increasingly employed in these segments as well as by commercial
organisations that are adopting HPC for the first time.
"Leading commercial companies in a variety of market
segments are turning to HPC technologies for challenging big data analytics
workloads that enterprise IT technology alone cannot tackle effectively. HPC
systems can handle more complex queries, more variables, and faster turnaround
requirements," said Steve Conway, IDC Research vice president for High
Performance Computing/Data Analysis. "We estimate that the move to HPC has
already saved PayPal more than $700 million and is saving tens of millions of
dollars per year for other commercial companies, on top of the benefits
reported by established HPC users in government, academia, and industry."
Chirag Dekate, research manager for High Performance
Computing/Data Analysis, said: "IDC has closely tracked the HPDA market for
more than five years and has created high-level forecasts before. The new
in-depth forecasts are the first that track more than a dozen application and
industry segments, including economically important new use cases for HPC:
fraud and anomaly detection, business analytics/business intelligence, and
marketing. The new forecasts are now available to clients of IDC's HPDA continuous
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