Will This Big Data Bet Pay Off?

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Don't tell Red Hat (NYSE: RHT  )  that it's too early to bet big on Big Data. Last week, the open-source specialist announced plans to make its Red Hat Storage environment fully compatible with the Hadoop file system for tackling Data analysis projects.

"Red Hat is uniquely positioned to excel in enterprise big data solutions, a market that IDC expects to grow from $6 billion in 2011 to $23.8 billion in 2016," analyst Ashish Nadkarni said in a press release. Perhaps, but there's also no shortage of competitors -- including IBM (NYSE: IBM  ) and Teradata (NYSE: TDC  ) , both of which are well-known for selling the sort of large-scale database and data warehousing technology commonly used for analytics.

Can Red Hat adequately set itself apart as IDC predicts? How will it overcome a known shortage of trained data scientists when selling Big Data projects to clients? Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova addresses these questions and more in the video below. Please watch, and then leave a comment to let us know what you think.

The amount of data we store every year is growing by a mind-boggling 60% annually! To make sense of this trend and pick out a winner, The Motley Fool has compiled a new report called "The Only Stock You Need to Profit From the NEW Technology Revolution." The report highlights a company that has gained 300% since first recommended by Fool analysts but still has plenty of room left to run. To get instant access to the name of this company transforming the IT industry, click here -- it's free.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2277280, ~/Articles/ArticleHandler.aspx, 9/26/2016 3:41:13 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,114.53 -146.92 -0.80%
S&P 500 2,149.26 -15.43 -0.71%
NASD 5,261.80 -43.95 -0.83%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/26/2016 3:25 PM
IBM $154.02 Down -0.96 -0.62%
IBM CAPS Rating: ****
RHT $78.76 Down -0.37 -0.47%
Red Hat CAPS Rating: ***
TDC $30.46 Down -0.27 -0.86%
Teradata CAPS Rating: ***