Specifically immutability for
1. In memory data structures...this is the contention of the functional programming people.
2. Persistent data stores. This is the lsm style of data structure that substitutes linear writes and compaction for buffered in-place mutation.
3. Distributed system internals--this is a log-centric, "state machine replication" style of data flow between nodes. This is a classic approach in distributed databases, and present in systems like PNUTs.
4. Company-wide data integration and processing around streams of immutable records between systems. This is what I have argued for (http://engineering.linkedin.com/distributed-systems/log-what...) and I think Martin is mostly talking about.
There are a lot of analogies between these but they aren't the same. Success of one of these things doesn't really imply success for any of the others. Functional programming could lose and log-structured data stores could win or vice versa. Pat Helland has made an across the board call for immutability (http://www.cidrdb.org/cidr2015/Papers/CIDR15_Paper16.pdf), but that remains a pretty strong assertion. So it is worth being specific about which level you are thinking about.
For my part I am pretty bullish about stream processing and data flow between systems being built around a log or stream of immutable records as the foundational abstraction. But whether those systems internally are built in functional languages, use lsm style data layout on disk is kind of an implementation detail. From my point of view immutability is a lot more helpful in the large than in the small--I have never found small imperative for loops particularly hard to read, but process-wide mutable state is a big pain, and undisciplined dataflow between disparate systems, caches, and applications at the company level can be a real disaster.