Looking to tap the growing big data opportunity in India, Intel recently announced the launch of its new Intel Xeon processor E7 v2 product family. The company outlined its big data solution roadmap in India and is specifically focusing on verticals such as retail, healthcare and manufacturing in the first phase of growth.
According to the company press release, big data and the Internet of Things (IoT) are providing enormous opportunities for many organizations to grow as they create revenue-generating services from the information they are able to derive. Quoting a report titled Big Data – The Next Big Thing Report – NASSCOM and CRISIL, GR&A Analysis 2012, the release notes that the Indian big data industry according to Intel, is expected to grow to US $1 billion in 2015 at CAGR of over 83% from 2012-15. The big data industry in India is also said to be gaining traction with IT services/analytics providers offering business centric solutions.
“Organizations that leverage data to accelerate business insights will have a tremendous edge in this economy,” said Rajiv Bhalla, Director- Market Development, Intel South Asia. “The advanced performance, memory capacity and reliability of the Intel Xeon processor E7 v2 family enables IT organizations to deliver real-time analysis of large data sets to spot and capitalize on trends, create new services and deliver business efficiency.”
According to Intel, with up to 80% higher performance and up to 80% lower four year total cost of ownership than alternative RISC architectures, the Xeon processor E7 v2 family promises to achieve twice the average performance and has four times the I/O bandwidth of the previous generation.
Elaborating on the company’s latest solution offering and roadmap, Bhalla said, “The new Intel Xeon E7 v2 processor family is built on an open source framework that allows third parties the flexibility of creating an application layer themselves thereby giving Intel the unique technology edge of allowing IT managers to have better control over their internal IT systems and processes. We are confident that this advantage coupled with the robust support from the ecosystem will help us take this solution to enterprises in the coming years.”
Adding to this, Ganapathy Subramanian – Vice President, Customer Engagement and Strategic Projects, SAP Labs India said, “The ongoing engineering collaboration between Intel and SAP plays a key role in the delivery of next-generation in-memory computing with SAP HANA. The Intel Xeon processor E7 family complements the SAP HANA platform, delivering high performance and reliability to our customers. Our customers use the solution to extract more value from their business data and improve agility and responsiveness to the market with real-time business decisions. With the next generation Intel Xeon E7 v2 processors, we look forward to delivering significant improvements in processing capabilities and feature enhancements for SAP HANA customers.”
According to the company, the big data technology and services market is expected to grow 27 percent annually through 2017 to reach US $32.4 billion. A leading driver of this growth is the immense amount of data coming from connected devices making up the IoT, which is projected to grow to 30 billion devices by 2020.