Big data is in a constant mode of evolution. It has created huge leaps of growth for businesses who have been using it. The massive increase in the volume, variety, and velocity of data showcases that big data will definitely encounter some changes worth mentioning in the year ahead, prevailing to leave some indelible mark.
Let’s see a few changes that will hit big data domain in the coming year!
2. “It is expected that the big
data market will be worth
$46.34 billion by 2018.”
3. The massive increase in the:
volume variety velocity
of data showcases that big data will definitely encounter
some changes worth mentioning in the year ahead.
Big data has created huge leaps of growth for
businesses who have been using it.
4. Let’s see a few changes that will hit
domain in the coming year...
5. 1. Cognitive Technologies
Performing tasks that are quite
similar to human intelligence
require a lot of focus. As cognitive
technologies are evolving, big data
will try and implement it on a
huge scale.
6. 1. Cognitive Technologies
It will automate the tasks that
require human perceptual skills,
like face and writing recognition.
It will also take care of other skills
that involve strategizing, reasoning
and learning.
7. 1. Cognitive Technologies
The tasks which were once only
possible by the intervention of
humans will be automated.
Previously, systems were only
capable of capturing data and
moving the same without
understanding it.
8. 1. Cognitive Technologies
But with the ongoing
developments in the field of
cognitive technologies, the system
will be able to comprehend what
data means.
9. 2. Massive IoT Impact
Internet of Things will become the
crux of data analysis in 2018. As
more and more people are using
smartphones and tablets,
businesses have started investing
more in IoT to gather the data
they need.
10. 2. Massive IoT Impact
Both the businesses and
consumers have benefitted
massively from the sensor based
analytics. Hence, the overall
impact of IoT on big data in the
coming year will be quite
remarkable.
11. 2. Massive IoT Impact
No matter which domain your
business caters to, IoT will surely
reap the benefit out of it.
12. 3. Prescriptive Analytics
Prescriptive Analytics aids in
providing the appropriate solution
at the most appropriate moment,
and of course, in the right context.
Big data will see a greater
involvement of prescriptive
analytics and descriptive analytics
in 2018.
13. 3. Prescriptive Analytics
It will allow entrepreneurs to make
wiser decisions with the data they
have with them. If combined with
mathematics and analytics, big
data will help businesses in
optimizing the correct level of
production.
14. 3. Prescriptive Analytics
Cognitive computing, along with
analytics, will take big data to
another level. It will help
businesses to make more
informed decisions matched with
well-coordinated actions.
15. 4. Machine Learning
Machine learning is growing at a
lightning pace. It ensures that soon
it will be able to process complex
data, analyze huge volumes of
data at a faster pace and deliver
accurate results.
16. 4. Machine Learning
The rapid growth in this domain is
due to enormous data, improved
algorithms and of course,
enhanced hardware. Hence, the
processes will be streamlined like
never before.
17. 4. Machine Learning
Machine Learning will be
transforming businesses by
performing endless tasks, like real-
time ads, fraud detection, data
analysis, etc. 2018 will witness
faster and improved Machine
Learning!
18. 5. Dark Data Revelation
There are huge volumes of
historical data that are yet to be
digitized, i.e, the dark data that still
remains in the storage room from
beyond the computer era.
19. 5. Dark Data Revelation
But this year, with the rise of big
data, a lot of focus will be upon
digitization and recovery of dark
data.
20. 5. Dark Data Revelation
The revelation and digitization of
dark data will portray recurring
trends and product cycles so that
accurate predictions are made for
the future.
21. 6. Enhanced Cyber Security
This coming year, Artificial
Intelligence will dig deeper into
the security domain. Machines will
soon be able to predict human
psychology quite accurately.
22. 6. Enhanced Cyber Security
They will also be able to
comprehend unlabeled data
without any human intervention.
23. 6. Enhanced Cyber Security
Hence, with such enhanced
capabilities, AI will become the
most robust tool for safeguarding
data and the top defense
mechanism.
24. These are the top-notch changes that are expected to raise the temperature in
the world of big data. From cognitive technologies to machine learning, and dark
data to AI based cybersecurity, every possible latest technology is on the ramp
to bring forth major changes in big data, and that seems quite promising.
25. Official Blog Link -
http://www.algoworks.com/blog/big-data-trends-2018/
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