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Categories: Hadoop Openstack

Market research reports are flowing in forecasting huge growth for open platforms #OpenStack and #Hadoop. Last year, #Technavio ‘s market research analysts predicted that the global Hadoop market would grow at a CAGR of more than 53% over the next four years. The researchers cited several factors such as data explosion in enterprises and demand for cost-effective solutions to meet big data analytics needs contributing to the growth of this market. Now, Technavio researchers are out with a new study forecasting that the global cloud management for OpenStack market will grow at a CAGR of 30.49% over the next four years. In both the Hadoop report and the OpenStack one, though, there are citations referring to a skills gap, where organizations are having trouble hiring skilled OpenStack and Hadoop technologists. You can download a sample of Technavio’s OpenStack report here. Allied Market Research has also forecasted that the global market for Hadoop along with related hardware, software, and services will reach $50.2 billion by 2020, propelled by greater use of raw, unstructured, and structured data. But there remains a pronounced shortage of skilled Hadoop workers. According to Technavio’s report, many organizations may address the shortage of strong Hadoop professionals by adopting Software-as-a-Service (SaaS) Hadoop solutions:

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