Wipro bets on Data Security as Emerging Business Opportunity

Big Data is all set to revolutionize computing in the following decades as organizations all over the globe are approaching the threshold where large amount of data shall be required to be processed and evaluated using complex computing programs. However, not all computing systems are equipped to support these complex software programs and this is where Big Data comes into play.

Leading multinational giant, Wipro, is betting on data security as an emerging business opportunity for business houses across the globe. As pioneer research analyst firm, Gartner has predicted that the global security technology and services market shall exceed to $86 billion dollars in 2016, jumping from $67.2 billion dollars last year.

Quoting the chief financial officer of Wipro’s IT business, HT reported that enterprise security for the IT infrastructure of companies had emerged as a promising venture of business, and the growth is rapid on the consumer front.

Companies all over the world today are faced with the immediate threat of data loss through malicious software programmes that result in huge financial losses.  With the presence of big data, better security lines are projected to be achieved so as to protect the confidentiality of the data that rests with multinationals all over the globe.

Reporting further, HT concluded how companies were making huge profits by offering security products, system integration units, and upgrades to help companies with data security. With the online cyber-world consistently under the threat of virus attacks, these companies have all reasons to bet high on data security systems that inculcate big data.

Security breach is not a headache for multinationals alone, but for various small entrepreneur ventures that are coming up in the country. Headed by young graduates who employ the big data technology on a relatively smaller level in their businesses, companies are persisting hard to offer them lucrative security products.

Moving ahead of times, Chandigarh University has introduced a four year programme in Big Data and Analytics in association with IBM. The centralized programs focus on making students aware about the emerging technologies that are going to shape the computing future of 21st century.

As the Big-Data technology approaches a new threshold with each financial year, companies are looking to recruit open source technologists who can assist them with security integration in their big data systems.