In Pictures: 10 Big Data Trends Changing the Face of Business

Big data is slowly but surely changing the way companies do business. Here's a look at 10 trends shaping big data and the future of business.

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Most Companies Spend Very Little, A Few Spend A Lot Most companies aren't spending a lot on their big data initiatives, but some are investing heavily. Tata Consultancy Services (TCS) found that large companies undertaking big data initiatives are spending a median of $10 million. Twenty-five percent of companies spent less than $2.5 million on their initiatives in 2012.

On the other hand, 15 percent of the companies surveyed by TCS spent more than $100 million on big data initiatives in 2012; 7 percent spent more than $500 million. TCS found that companies in the telecommunications, travel, high tech and banking sectors spent the most, while companies in life sciences, retail and energy/resources spent the least.

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In Pictures: 10 Big Data Trends Changing the Face of Business

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