How Big Data Will Change Businesses In 2018

HOW BIG DATAWill Change Businesses In 2018

INTRODUCTION In 2018 Big Data will include formerly dark data, and virtually every other

data platform used by corporations to deliver personalization.

In the world of analytics and computational data, two core concepts divide the medium — structured and unstructured data.Structured data is quickly and easily organized and searchable using basic algorithms and tools. Unstructured data, on

the other hand, is more akin to human language. It doesn’t cram neatly into relational databases, nor is it necessarily compatible with algorithmic tools and

search functions. 

WHY DOES IT MATTER?According to predictions from Forrester, 70% of enterprises are expected to implement AI over the next year. They’ll likely be able to use that AI technology to analyze unstructured data and create actionable insights from it. 

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This serves as the basis for some upcoming trends that offer

incredible potential to all businesses – big or small – over the coming year.

DARK DATA WILL DWINDLEWhy would you be collecting and sorting data that you can’t

put to use currently?

 It’s a natural thing that happens as you begin to monitor various customer habits and business processes. The beauty of it is that it’s stored

for later, which can be incredibly beneficial for AI and machine learning systems. These tools can process and analyze all the collected data,

eliminating the “dark” moniker. Say goodbye to data that’s going unused.

AI, MACHINE LEARNING, AND THE CLOUD WILL BE UNIFIED

AI and machine learning are dependent on the cloud. You cannot have them without it. They both utilize cloud storage and cloud computing platforms to collect, organize and process data. As more companies make the leap to modern automation and AI systems, they will also be adopting the cloud, if they haven’t already.

IMPROVED SECURITYOne thing that’s rather obvious

as we continue to put more reliance on modern technology, especially with the popularity of the cloud, security risks will increase tenfold. Cloud security threats are very real. The key to preventing and cleaning up after a breach is understanding why, how, and when they happen. More importantly, it’s about staying on top of current

trends and keeping up with the most cutting-edge security procedures. 

CONCLUSION The truth, however, is that AI and the big data revolution driving it are reshaping our world

indelibly for the better, and that companies and individuals who move to invest in these tech- wonders now are setting themselves up for a

lucrative future. Few things are ever certain in this world, but if one thing’s for sure, it’s that big

data and AI are here to stay.

THANK YOUStay tunned for more such presentations! 

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