With the growing volumes of enterprise data continue adding pressure on datacenters worldwide, Intel India(NASDAQ:INTC) outlined its growth charter backed by Intel’s most advanced Big Data solutions delivering real-time Analytics to enterprises in India. Announcing the launch of the Intel Xeon processor E7 v2 Product Family, Intel elaborated its roadmap for these solutions in India with specific focus on verticals like retail, healthcare and manufacturing in the first phase of growth.
Big data and the Internet of Things (IoT) are providing enormous opportunities for many organizations to grow as they create revenue-generating services from the information they are able to derive. The Indian Big Data industry is expected to grow to US$1 billion in 2015 at CAGR of over 83% from 2012-15. The Big Data industry in India is gaining traction with IT services/analytics providers offering business-centric solutions.
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“Organizations that leverage data to accelerate business insights will have a tremendous edge in this economy. The advanced performance, memory capacity and reliability of the Intel Xeon processor E7 v2 family enables IT organizations to deliver real-time analysis of large data sets to spot and capitalize on trends, create new services and deliver business efficiency,” said Rajiv Bhalla, Director - Market Development, Intel South Asia.
The big data technology and services market is expected to grow 27 per cent annually through 2017 to reach $32.4 billion. A leading driver of this growth is the immense amount of data coming from connected devices making up the IoT, which is projected to grow to 30 billion devices by 2020.
