Over the past few years, we’ve seen the as-a-Service (aaS) model emerging as a popular business practice. With the booming trend of moving on-premise functions to the cloud, almost every imaginable business function is being delivered as-a-service. There’s software-as-a-service, infrastructure-as-a-service, data-as-a-service, and the newest members of the clan—marketing-as-a-service, operations-as-a-service, and even desktop-as-a-service have arrived on the scene. Can big data be far behind? No. In fact, many vendors like Amazon, Microsoft, and Google have started offering cloud-based big data services.
Several reports have found that growing business investment in the cloud is pushing overall IT spending into massive figures. While it’s hard to put an exact estimate on the global big data market, we do know one thing for sure—big data technology and the service sector is a multi-million dollar market that’s growing at a rapid pace.
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