Bengaluru, India — Whether an enterprise looking to invest in new technology or an investor looking to maximize returns, Mordor Intelligence’s 2014 Tech Game Changer list is here:
In-memory Computing: Big-data has changed the way enterprises work – Existing infrastructure is unable to efficiently store and process the current data deluge. In-memory computing helps reduce batch-processing time and analyzes real-time data efficiently. Our study estimates the market to exceed $2 billion by 2018. GridGain just processed one billion financial transactions using $25,000 commodity hardware.
Enterprise Flash Storage: As the demand for computing power increases, so does the need for efficient storage. Reducing data footprint and increasing the efficiency of existing flash arrays will bolster adoption of flash storage by enterprises. Valued at $500 million currently, the market is growing at a CAGR of 60%. Pure Storage, Virident, Kaminario and Fusion IO are some companies to closely watch in this space.
Enterprise Mobility Security: Data security and integrity are fast becoming a major concern for enterprises, with employees wanting to use personal devices at work. With wide-ranging company BYOD (Bring your Own Device) policies, seamless integration and security has not been perfected yet. Companies like MobileIron and Good Technology are in the race to capture the mobility security market. Not a bad investment, when the market is growing annually at a compounded 32%.
Desktop Virtualization: Businesses are looking to optimize processes and reduce infrastructure costs. Desktop Virtualization is type of client-server computing model where a “virtualized” desktop is stored at a central location and users are allowed to access it remotely. Our study forecasts the market at $5 billion by 2016, growing at a CAGR of 50%.
Internet-of-things (IoT): Contributing to the data deluge, IoT ranks the most publicized term of this article (courtesy: Cisco). IoT has incredible growth potential across all industry verticals. While at 2 billion today, more than 25 billion autonomous devices are expected be a part of the information explosion by 2020.
Next Generation Search Engines: Google is still leading the pack at an 80% search market share. However, varying consumer trends and the availability of a wide range of choices is helping establish search niches; Quora and Ask, for instance. The next generation will be smarter still – contextual, conversational, personalized and location aware.
Smart Learning Systems: Increasing adoption will see smart learning systems grow from $45 billion worldwide today to over $70 billion by 2020. These learning systems are not confined to educational curriculums. Grammarly@edu, and Tynker have a new take on how learning can take place.
In-depth analysis of each of these new technologies by the consultants at Mordor Intelligence: Information & Communications Technology (ICT) Insights.