January 15, 2013 5:53 pm

Breaking down the big data

Data analytics is becoming one of the fastest-growing parts of the information technology industry and could be worth $50bn globally over the next five years, according to Wikibon, an online community for the technology sector. Though several market leaders have been acquired by large IT groups, much of the innovation in the big data sector has continued to come from smaller, independent ventures. Such “pure-play” vendors had revenues of about £480m in 2011, or about 10 per cent of overall revenue for the sector, according to Jeffrey Kelly, big data analyst at Wikibon. Here are some of the sector’s more innovative companies that are aiming to grow in 2013.

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