What are the trends shaping future of Big Data?

What are the trends shaping future of Big Data

Big Data is the buzzing word in corporate world today. It represents large volume of data, both structured and unstructured. Last year, Big Data grew vastly and saw a massive adoption across the companies all over the world.

In the coming years, following trends will shape the future of Big Data:

In-memory database: In current cut-throat competitive market, every company wants to be ahead of others and gain on speed. They all want fast mechanisms and real-time decision making. In-memory databases make it possible for organizations to gather, store, access and analyze the data to make quicker processing and take quick decision, when compared to traditional databases. This results into an efficient and effective data management.

Big data and cloud: Cloud is the next big thing which is being increasingly adopted in market. Big data is further leveraging the growth of cloud. It is evident from the fact that revenues of public cloud providers have grown dramatically.

Automated Platforms: Companies no more want to be dependent on its employees or outsourced resources. It is hard to find the required skill sets and 20% of resources are responsible for 80% of the results, almost in every organization.

So, organizations are ready to accept the automated platforms which will enable employees to gather, analyze and make decisions based on ready data. No pool of expert skill sets is required, instead the easy-to-use interface will make things simpler. Only with basic talent results can be generated.

Internet of Things (IoT): IoT is the trending buzzword in IT and ITeS businesses. IoT is the technology in which data will be connected from multiple objects and various living beings through sensor-based data collection technology. This will transfer the data over a network without any device-to-human or human-to-human communication.