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Global Big Data Market will be of $48.3 Billion by 2018 – Report

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Big Data Market – Global Scenario, Trends, Industry Analysis, Size, Share and Forecast, 2012 – 2018, the market intelligence report by Transparency Market Research gives us important details on the different market elements, the circumstances that encourage and obstruct the growth and the thriving regional markets of the global big data market.

Global Big Data Market

Global Big Data Market ($48.3 Billion by 2018)

The report evaluates that the global big data market, that was predicted to have a value worth $6.3 billion in 2012, will surge to a value worth $48.3 billion by 2018 by the analysis of year by year growth at a CAGR of 40.5% during the defined projection of the report, i.e. between 2012 and 2018.

The ruler of this market, in the terms of revenue is the North American region, which, by the information of the report will continue to be the leading rank holder and compile a share worth about 54.5% of the global big data market during the duration of forecast. It may be chased by Europe.

Technology is the driving force of businesses and the internet is the solution to all the fundamental problems in a business, in the present world scenario. No job can be considered as complete without the usage of internet and computers.

But the extensive usage of these technologies across every probable business also leads to a huge amount of data- data that cannot be adequate or can be managed by the conventional databases we are used to see around us. Such an enormous amount of data is called big data and is produced by different industrial sectors banking, finance, medicines, retail, education, entertainment, among others.

Storage, retrieval, analysis and management of this data require specific tools and software applications, which are not usually made available by traditional data base systems. Therefore, a number of tools and technologies have been evolved for the management of such huge amount of data. The market of big data is established by storage devices, software products and services and peripheral hardware. Amidst these, the sector of software products and services held the largest share of the global data market and is estimated to hold about 50% of the market shares in 2012.

The fastest growing sector of this market is evaluated to be that of storage devices during the forecast period andcould detect upsurge at a CAGR of 45.3% during this period. The forthcoming upsurge of this market can be credited to the huge data being flooded from different market segments and it will continue to grow in the future as well. A big benefactor of this market is the finance sector that accounted for about 20% share of this market in the year 2012.

The huge beneficiaries from the enormous customer databases are banks and financial institutes. These databases grant them to take computed and more strategic decisions. The media and entertainment which is a small sector at this time, is estimated to grow at a CAGR of 41.4% from 2012 to 2018. The primary of this is the generation of huge data thorough games, videos, audio, etc.

The Healthcare sector also presents a significant and massive application area of the big data industry. Big data can largely be helpful to this sector by providing authentic and detailed data factors such as the exponential growth in the means through which different forms of data can be possessed and the cost perks derived from the use of big data are urging the upsurge of this industry. But, elements such as shortage of expert professionals and a productive use of data tools could interfere with the growth of this market.

 This article is written by : Arshi Bansal

Leave your comments about this report in the comment box below.

element14 introduces first bipolar transistors in LFPAK

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 Element14 has expanded its portfolio of transistors from NXP  Semiconductors, a world leader in high-performance mixed signal  electronics, with the addition of the industry’s first bipolar transistors in  LFPAK56(Power SO-8). These transistors in low-profile LFPAK56  (SOT669) SMD power plastic package, deliver thermal and electrical performance comparable to bipolar transistors in much larger power packages such as DPAK, on less than half the footprint.

element14 introduces first bipolar

element14 introduces first bipolar transistors

These high power bipolar transistors, housed in LFPAK56 (Power-SO8) packages, deliver DPAK-like thermal and electrical performance in just half the footprint. Offering reliable, energy-efficient performance, they are AEC-Q101 qualified and support high temperature operation, up to 175 °C. These transistors in low profile LFPAK56 (SOT669) SMD power plastic package, deliver thermal and electrical performance comparable to bipolar transistors in much larger power packages such as DAPK, on less than half the footprint.

Features and benefits –

  • 26 types up to 100 V and 15 A in single and double configurations.
  • High power dissipation Ptotal
  • Suitable for high-temperature applications; up to 175 °C
  • Space-saving: 5 x 6 mm package outline is half the size of equivalent transistors in DPAK, SOT223 and other packages
  • Low profile of 1 mm
  • High reliability and mechanical ruggedness thanks to solid-copper clip, no wires
  • High energy efficiency due to less heat generation
  • AEC-Q101 qualified
  • Future-proof, growing portfolio

“We believe that NXP’s LFPAK will become the standard in compact power packages for bipolar transistors – just as NXP LFPAK is the industry benchmark for MOSFETs today,” said Joachim Stange, product manager, transistors, NXP Semiconductors. The double transistors in LFPAK56D and high current single types with 6, 10 and 15 A will be released from Q2 2014 onward. This innovation will help them to get the advanced version and little improvements are made to this for greater results.

This article is written by : Srikanth Kulkarni

Sony SmartEyeGlass will be launched soon

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The smart eyeglass concept, first publicly shown at CES Las Vegas. The main aim of the smart eyeglass is to bring the notifications and information instantly, and present it right in front of the eye. With the launch of SDK “Developer Preview”– the software development kit for our transparent binocular Smart Wear prototype.

Sony SmartEyeGlass

 Sony SmartEyeGlass

It comes with a wired hand-held controller. It will help the user to navigate the user interface& will be able to control the camera that’s integrated in the Smart Eyeglass prototype. With a binocular see-through eyewear display, the Smart Eyeglass prototype presents information at a distance from your eyes, which gives a comfortable viewing experience. This smart eyeglass requires an android phone. The interaction between the smart eye glass and the mobile is done either by Bluetooth or by WiFi.

The features and overview of the product smart eye glass prototype is given below.

  • Binocular see-trough eyewear display.
  • Monochrome green colour.
  • Maximum display brightness: 1000cd/m2.
  • Embedded camera.
  • Accelerometer, gyro, compass and brightness sensors.
  • Microphone.
  • Bluetooth v3.0.
  • WiFi – 802.11b/g/n.
  • Separate controller with touchpad along with power, navigation and camera buttons

The SDK is built on a similar framework as SmartWatch 2, and will allow for control of what’s displayed on the binocular see-through eyewear display, as well as access to sensors, voice input and camera. Smart EyeGlass has a handheld packet. It carries battery, buttons for navigation and a voice recognition microphone.

The software development kit which the company released today, includes an emulator, sample code, tutorials to help developers get started, in-depth guides, API references, design guidelines, test instructions and publishing guidelines.

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Sony which is trying to compete with the product released by the Google, has done its job by creating the SDK smart eye glass. The cost of it is yet to be announced. This product might catch the eye of the technology fanatic and the interface is quite easy as we experience it in our daily life. This product is going to be released on march, 2015.

This article is written by :  Srikanth Kulkarni

Columbia College will be supported by EA Sports for video game challenge

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Columbia college is the undergraduate college at Columbia university in Newyork city. Dr. Scott Dalrymple president of the college has given a chance for the students at Columbia university to pass their textbook bill on schools president if they can beat him in the game of “Madden NFL 15” which has recently released by EA sports.

Columbia College will be supported

 Columbia College will be supported by EA Sports

Just recently released Madden NFL 15 by EA sports is a popular pro football simulator. This competition will be held on October 17 in which students can take part to defeat Dr. Scott Dalrymple for free text books. According to the rules and regulations the game will be played on Play station 4 with 2 minutes quarters and 20 sec play clock. The tournament will take place between 11:45 am to 4:30 pm and the winner will play against the president at 5:00 pm.

The president Dr Scott Dalrymple is serving his first year as the president and is trying to make a positive impact on the students by being competitive. “I must warn you: I’ve been practicing,” Dalrymple said in his “epic trash talk video” announcing the challenge.

“I would like to thank the folks at EA Sports for their generous gift,” said Dr. Scott Dalrymple, president of Columbia College. “With this gift, EA Sports has helped level the playing field in this competition, as I had become quite a force in Madden 25. It will be interesting to see how students adjust their strategies to keep up with the audible we just called.”

According to the research the average student pays $1200 for an academic year and approximately $5000 for the four years. If a students gets a chance to defeat the president in this competition ,the president himself pays the textbook fee for the whole academic year.

“We want to make the employees, alumni and students at these campuses feel special,” he told the newspaper. “They’re part of the college, too, and we want them to feel that way. The least we can do is go out and introduce ourselves. through the competition he visits all the CC’s campuses of about 34 and explains about it.

This way he is interacting with everyone from each campuses. I think he is not only paying the textbook fee for a single student but also trying to know about all the students from each campus through this competition as a social serve.

The students who are gaming enthusiasts and are interested in challenging the president Dr Scott Dalyrmple can participate in this competition by enrolling their teams. There will be social media trash talk and the two winners are given a chance to participate in the competition by travelling to Columbia , Missouri, free of charge.

This article is written by :  Srikanth Kulkarni

Occupancy Sensor Market will be $4.67 Billion market by 2020 – Report

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The occupancy sensor market is projected to reach $4.67 Billion by 2020 according to the reports published by Markets&Markets. The sensor market calls for Passive Infrared and Ultrasonic technology, wired and wireless network connectivity, components, applications involving education, healthcare, hospitality and industrial market, and geography analysis.

Occupancy Sensor Market

 Occupancy Sensor Market

Sensor market is estimated to grow at a CAGR of 18.36% in the next 6 years. Let’s talk precisely, a light module that senses the presence of people by using infrared or ultrasonic technology and estimates the number of them is an occupancy sensor. These highly efficient sensors are energy saving as well as eco-friendly devices and are being extremely used in educational, residential, hospitality and business sectors.

New technologies like image processing occupancy sensor (IPOS) and intelligent occupancy sensor (IOS) have also played a huge part in its increasing market share. The report also suggests that the use of sensors has increased greatly in the residential and commercial areas of the country because of the monolithic growth in the real estate business.

Another strong reason of this growth is the cost-effectiveness and more farseeing development of the sensor. The growing demand of energy efficient devices is the root cause of raise in tech sector. This growth is seen as a huge chance to increase the market of the occupancy sensors. The Occupancy sensor market report has also pointed out the inconsistency issues with wireless systems.

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Now let’s take the geographical section into account. The highest market share last year (40.24%) was bagged by the North American countries and is expected to grow at a rate of 17.40% in the following period. The markets of India, China, South Korea and Japan are reported as the fastest growing market with a CAGR of 20.14% in the next 6 years. Markets of Europe, Middle East, South America and Africa are also expected to grow at a competitive rate.

This rate of development suggests that there is a huge opportunity for growth in the IT, electronics and telecommunication sectors in the coming years. Don’t forget to share your thoughts with us on this report.