By: Money Morning
August 22, 2013 at 16:10 PM EDT
Why the Best Investments in Tech Right Now Stem from This Industry
Money Morning Defense and Technology Specialist Michael A. Robinson has been saying how "Big Data" will deliver some of the best investments in technology that we've ever seen... You see, by 2009, almost every midsized-to-large company in the U.S. economy was storing more than 200 terabytes of data. (A terabyte is about 1 trillion bytes, or 1,000 gigabytes, or 2 times the size of giant retailer Wal-Mart's data warehouse in 1999.) To continue reading, please click here...
Money Morning Defense and Technology Specialist Michael A. Robinson has been saying how "Big Data" will deliver some of the best investments in technology that we've ever seen...
You see, by 2009, almost every midsized-to-large company in the U.S. economy was storing more than 200 terabytes of data. (A terabyte is about 1 trillion bytes, or 1,000 gigabytes, or 2 times the size of giant retailer Wal-Mart's data warehouse in 1999.)
Now it's 2013, and Big Data has grown exponentially. Companies are starting to find ways to harness this vast sea of information.
The good news for investors: You can still "get in" cheaply, since parts of Big Data are just starting to develop.
You don't have to just take our word for it...
Here are some more shocking numbers that show just how "big" Big Data is and how much it will reward investors who take advantage early...
Editor's Note: No other sector of the market creates more millionaires or billionaires than technology. And this is the fastest-moving " Big Data" technology we've ever seen. It's projected to grow 63,000% by 2017 and create $7 trillion in new wealth. Will you be able to capitalize on these windfall profits?Big Data Really Is Huge
Take a look at these Big Data stats from 2012:
Now look at how those numbers translate into Big Data being one of the best investments in tech today...Big Data Is Ripe for Investors
The United States owns one-third of the world's data assets, at 32%. Western Europe follows at 19%, China at 13%, India at 4%, and the rest of the world collectively holds the remaining 32%.
And that's because American companies, entrepreneurs, and universities are the best innovators in the world.
By 2020, projections show that $325 billion of incremental annual gross domestic product (GDP) will be derived from Big Data analytics in retail and manufacturing, according to global management consulting firm McKinsey.
(That figure doesn't even account for cost savings in government services and healthcare, which don't directly translate into additional GDP; those sectors alone are estimated to see $285 billion in productivity gains as a result of Big Data applications.)
Analysts say the Big Data sector will dwarf the $160 billion cloud computing industry.
And Big Data is far-reaching - it will benefit multiple sectors of the U.S. economy, primarily knowledge-intensive manufacturing (like cars, chemicals, and aerospace), retail, wholesale/transport/logistics, information/media, financial/legal/technical services, real estate, education, healthcare, and government.
For instance, take a closer look at projections on how Big Data will impact the retail industry:
Even the investment world itself will be streamlined by Big Data:
For instance, right now a website called CapitalCube is applying Big Data analytics to automate financial research on a whopping 45,000 public companies over the world.
CapitalCube aims to tap into the vast cloud of business, financial, and econometric data and break it down into actionable information. Right now CapitalCube computers do about 100 billion calculations in a single night, CEO Chaith Kondragunta told Barron's.
Subscribers will have access to the analytics' output on potential acquisition targets and high yielders at bargain prices.
These developments are why we've been tracking the Big Data story - it's truly one of the best investments in tech.
In fact, Money Morning's Michael Robinson recently uncovered a Big Data investment opportunity in the medical field...
He has identified one particular device he predicts will grow in sales from $11.1 billion to $7 trillion in the next two and half years. That's a 63,000% increase.
"That's how new moguls are going to be made. It's just too big, too obvious, and too splendid to ignore," says Robinson.
Robinson has seen a lot of tech breakthroughs over his 30 years as a leading analyst. But he's never seen one as big as this new Big Data breakthrough.
It's about a new device that could end all disease. If you want to be a part of this $7 trillion opportunity, we'll show you how to get started today...
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