MyPage is a personalized page based on your interests.The page is customized to help you to find content that matters you the most.


I'm not curious

Big Data Trends That Will Impact Enterprises

Published on 20 November 17
0
0
Most of the enterprises are working on their company data and examining it to retrieve better and faster decision-making. Big Data is one of the latest trends that has swarmed the tech world over the years. While 40% of the IT companies have already adopted Big Data Technology, another 30% are planning to implement within a year.

The renowned research firm, IDC predicts that the market for Big Data will reach up to $41.5 billion by 2018, growing at the rate of 26.4% compound annual growth rate.

As the technology of Big Data evolves, the new generation of enterprises is focusing mainly on real-time analytics &, intelligent apps.

Let’s find out all the leading trends that every Big data analytics company should keep in mind :-

1. Open Source

Open Source technology plays an important part in the field of Big Data Analytics. Since these solutions are available for free, developers can start rapid development & iteration. Apache Hadoop is the one of commonly used Open Source Apps that has been dominating the Big Data market with the Forrester record of 32.9% increase in Hadoop usage every year.

2. Predictive Analysis

Another section is predictive analysis where Big Data is used to predict circumstances in future before they occur. These techniques will make use of new analytics concept to extract valuable information from company data for generating trends & patterns that can be a game changer for the enterprises business growth. As per the survey, only 29% organizations are using predictive analysis now but it is expected to rise in coming times.

3. Robust Data Security

Building a strong security strategy can be very helpful for enterprises using Big Data analytics. The company log data can retrieve a huge amount of information about past cyber-attacks that can be analyzed to avoid future attacks. Organizations should work with the web application development company that provides Big Data capabilities along with advanced security management.

4. Machine Learning

Another latest trend is Machine Learning (ML) that enterprises are investing on to enhance the capabilities of Big Data. It is a branch of Artificial Intelligence (AI) that enable companies to learn new things without being explicitly programmed. It analyses the data to extract intelligent conclusions that will change the way application behaves.

5. Mobile Analytics

With the ever-increasing usage of smartphones, there are many platforms available in the market today that allow users to access data & initiate analytics. Business owners can use analytics to gain positive insights and sales team can enhance the user experience by examining data relevant to customer preferences, warranty claims, etc.

6. Intelligent Apps

Enterprises can embrace the technologies of Machine learning to develop intelligent apps, which will use Big Data Analytics to study previous purchase history & preferences of users to provide customized personalization. Gartner states that all the apps will incorporate some level of AI to build intelligent apps in next 10 years.

With the latest technology trends of Big Data coming online, organizations should make the best use of it to achieve faster data growth & generate business real-time insights. Make sure that you are aware of all these trends and work with an organization that can put your enterprise data into work to extract the meaningful information for positive outcomes.
This blog is listed under Data & Information Management Community

Related Posts:
Post a Comment

Please notify me the replies via email.

Important:
  • We hope the conversations that take place on MyTechLogy.com will be constructive and thought-provoking.
  • To ensure the quality of the discussion, our moderators may review/edit the comments for clarity and relevance.
  • Comments that are promotional, mean-spirited, or off-topic may be deleted per the moderators' judgment.
You may also be interested in
 
Awards & Accolades for MyTechLogy
Winner of
REDHERRING
Top 100 Asia
Finalist at SiTF Awards 2014 under the category Best Social & Community Product
Finalist at HR Vendor of the Year 2015 Awards under the category Best Learning Management System
Finalist at HR Vendor of the Year 2015 Awards under the category Best Talent Management Software
Hidden Image Url

Back to Top