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.
2. 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.
3. 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.
4. We are currently working out of our backyards in Australia with travel to the US and Asia twice a year.
As a travel company we will to be wherever you need us, whether it's by phone, computer or in the flesh.
NYC/SYD/MNL
WHERE ARE WE?
This serves as the basis for
some upcoming trends that offer
incredible potential to all businesses – big
or small – over the coming year.
5. DARK DATA WILL DWINDLE
Why 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.
6. 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.
7. IMPROVED SECURITY
One 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.
8. 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.