The future of Big Data
Big Data has exponentially grown over the past few decades. As technology is constantly evolving, and doesn’t seem to stop, the question lies in how far they will go. The whole world runs on Big Data. This drastic shift has forced companies to look for experts that will help them with big data. They will be able to consult them and harness complex data processing.
We live in a digital era. As the world has become more digitalized, the need for handling and analyzing data has grown drastically. As new technologies emerge every day, trends happen to emerge as well. Almost everything we do, feel and think has become digitalized as well. From our phones to our computers we send data about us, completing a full online image of us. Businesses, companies and enterprises use our personal data to improve their products, business and even the user experience we get.
1. Decision-making – augmented analytics will shape a lot of big data trends in the future. For starters, it involves applying a lot of technologies similar to artificial intelligence (AI), machine learning and NLP (natural language processing. This is what helps a lot of organizations to make faster decisions and to recognize and treat trends more efficiently.
2. Cloud environments - many Big Data experts believe that the amount of data that is generated by technologies will quadruple. It is expected that by 2025 the data will hit 175 zettabytes.
But, why is that? There are two factors that come into play. First, the numbers of online users will rise. That means that there will be a lot more consumers of shopping, networking and business communications. Second, a lot of devices have embedded systems that share and collect data every day.
3. Privacy – privacy has always been a hot topic, as well as data security. As data has become bigger, the challenges in protecting it have become more complicated. There are several reasons why it is so hard to protect all of this incoming data. For example, there is a lot of security skill gap. This is often caused because there is a lack of educations and specializations. There aren’t many training opportunities as well. There has also been an irregular adherence to security standards. What this means is that many enterprises ignore them and accept data no matter the odds.
There is a lot of potential for the future of Big Data. Although it is frightening, you can’t admit that some parts of it are fascinating. It has made its way into many businesses, from healthcare to finance and manufacturing.
As we speak, it is clear that data science, Big Data and data processing are becoming an irreplaceable part of our life.
It promises big changes in how many businesses work and operate. But, that is not all. A lot of business and data experts estimate that Big Data will create a lot more job and career opportunities – thus making its value big and crucial. It is clear that it will become more vital than even.