big data report

Big Data Report Outlines Capabilities in Cyberdefense Community

The big data and analytical capabilities in the law enforcement and the cyberdefense community are expected to grow significantly in the future, and a new big data report predicts a seven-year compound annual growth rate of 17.5 percent from 2015 to 2022. Research firm Research and Markets produced the report, which is titled “Big Data & Data Analytics, Homeland Security & Public Safety: Global Market 2017-2022.” 

People live in a more connected world, and more resources will be needed to combat destructive forces that result from the wired universe. The report says that the big data and data analytics industry will reach $11 billion in revenue by 2022. That creates huge opportunities for firms that specialize in using bid data to combat cyber crimes and terrorist threats.

The big data report highlights nine key sectors. They are:

  • Government intelligence agencies
  • Law enforcement and first responders
  • Defense and military intelligence
  • Financial services industry and fraud detection
  • Cybersecurity
  • Border control and customs
  • Mass transportation
  • Intelligence fusion centers
  • Critical infrastructure security

At 450 pages, the report identifies several major companies that work in the area like Amazon, BAE Systems, Cisco, Dell, Deloitte, Google, Hewlett-Packard, Microsoft, Oracle, Raytheon and SAP. These companies hope to take advantage of the growing need for big data.

Three technology markets are also discussed. They include big data hardware, big data software and big data services.  As well six technology submarkets were identified — storage and communications equipment, data warehouses and data management, analytics and visualization applications, compute, SQL and NoSQL and professional services.

Source

KDuncan & Company is dedicated to providing knowledge and support for small government contractors about concerns regarding government contracting. For questions on areas such as as cost proposals, accounting systems, DCAA compliance, and incurred cost audits, reach out to KDuncan & Company.

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