Data, data and more data, this is what we find in our daily lives when we surf the Internet, a sea of data. But is so much data really necessary? With the passage of time, from the first time we talked about digital transformation until today, we have realized that this data, already known as Big Data, can be very valuable, especially for companies. Since, through analytics tools we can obtain relevant information about users, such as their shopping behavior, their needs, their concerns, worries, concerns... and much more information.
Data are part of our daily lives and if we know how to take advantage of them and make the most of them, surely in the end they will speak more about us than our own words. For this reason, in this post we will review the trends in Big Data and Analytics that we can not miss this 2018, to obtain information and beneficial results for our business.
What trends in Big Data and Analytics does 2018 bring us?
Significant technical evolution
It is expected that this 2018 the Big Data will achieve a considerable technological evolution although it still has a long way to go before we can learn all that it can do for us, but it will undoubtedly be an economic as well as a social change. Here are the main technological trends we expect this year.
- NoSQL distributed storage systemsThese will become essential to meet the data management needs of infrastructures such as Google, Amazon and Facebook, platforms that generate a large amount of data.
- Distributed systems for ingest, processing and analysisThese have appeared with the intention of analyzing immediately and in real time large amounts of data that are generated for example in IoT events.
- Databases with GPU-based processingThese databases allow to accelerate the calculation on massive information and help to reduce training times of models and machine learning projects.
- ChatbotsThis chat system allows to answer queries and perform simple actions in a fully automated way with the use of natural language. There are already companies that have implemented them as support or help type customer service, but undoubtedly, this year will be to perfect the operation and design.
However, we should not forget about the AI which is speeding up strategic decision making in many business sectors, as well as automating many processes. In addition, these technological advances include lower-cost data storage, high-performance hardware and embedded software.
Big Data Ecosystem
Data analytics is becoming a technological innovation for companies if they do not want to be left behind, and it is leading to their integration into the Big Data ecosystem. Therefore, we can begin to talk about the Business Intelligence model that will soon become a reality for both large multinationals and SMEs.
When we talk about the Big Data ecosystem, we are referring to machine learning capabilities. This includes more exhaustive calculations, artificial intelligence and graph algorithms. One of the main objectives is the unification of analytical technologies so that this data can be read by any type of programming.
Big Data claims
One of the priorities for companies this year will undoubtedly be the improvement of data management in those companies that are already doing so, and in those that are not, the introduction of multiple technologies to carry out this management.
As mentioned above, the integration of Artificial Intelligence for decision making through complex algorithms will be another priority for some technology-based and innovative companies. However, we will soon be able to observe how it is gaining ground in other sectors.
One of the main demands of companies is that Big Data be able to anticipate the needs and demands of consumers. In this way, to be able to create a product or service totally thought for the consumer and that covers these needs and demands to perfection.
Last but not least, we find the Blockchain that is revolutionizing the way transactions are made, but we will not have to wait long to see the integration of this system in areas such as Public Administration, health, among others. We must remember that in the legal sector, Smart Contracts that work through the blockchain are already starting to be implemented.
There is no doubt that Big Data and Analytics have great potential, but only by understanding how they work and knowing the right tools to use them can we get the most out of them. These are very complex technologies that still have a lot to offer us. Do you know of any other trend? Don't hesitate to comment.