Delving deeper, Telsyte research investigated the main barriers to the adoption of big data among Australian enterprises and factors like software costs, lack of in-house skills and IT infrastructure requirements are holding back broader adoption across the country.
Meanwhile, big data processing is already the number one use-case for high-performance computing and analytics and reporting is in the top five.
Big data managed services high on agenda in Australia
The Australian market for big data and analytics support partners is growing strong with global players like IBM, Amazon Web Services, Cloudera, Dell/EMC, Google, Microsoft, SAP and Oracle all vying for a slice of the boom in spending by buyers of big data.
Telsyte research found platforms and managed services top of the shopping lists for organisations embracing big data.
In addition to the multinational options Australia has a growing big data analytics industry with vendors like Contexti, EngineRoom.io and YellowFin offering a range of products and services in the space.
“The local big data services space remains ripe for consolidation with a number of service providers growing quickly in the past 12 months,” Telsyte Managing Director, Foad Fadaghi, added.