Big Data Predictions for 2016
Two Fold Increase In Big Data ImplementationIn 2014 a mere 10% of the top businesses in the world implemented big data solutions. This figure jumped to 30% in 2015 and this year we expect a two-fold increase in big data implementation across different industries. Small & medium enterprises are also following the cue from their giant competitors and drawing mileage out of big data.
Emphasis on Big Data AnalyticsWhile big data has been around for some time, 2016 will mark a shift in the way this data helps businesses offer better products and services to their client. Businesses are increasingly becoming aware of the importance of big data analytics and are continually investing in it. Trends suggest that investment in Big Data Analytics would grow three times as fast as the investment for on-premises analytics.
Unification of Architecture2016 has signaled the unification of data architecture as different data platforms would unite and become the foundation of data gathering and analytics strategy. This would also lead to phenomenal growth in predictive analytics and implementation of apps across various verticals in business.
Growth of Machine LearningBig data analytics & management sounds expensive and labor intensive. This is why most businesses implementing Big Data solutions prefer to opt for ML or Machine Learning. This will help reduce the time & effort spent in analyzing large volumes of data and unearthing the trends and opportunities in the market.
Real Time AnalyticsMachine Learning is also benefitting big data users in terms of real-time analytics. Many organizations are using near real-time data in decision making. This is allowing them to study the needs and aspirations of the customers, demands in the market and draw maximum benefits out of this knowledge.
Monetization of Big DataBusinesses that pioneered the implementation of big data would monetize their investments this year and this is expected to be a major trend going forward. Billion dollars’ worth of data would be sold this year helping the early movers earn healthy return on investment. If you wish to leverage the power of big data, we at Semaphore Software are the leading big data solution providers in India and have a strong foothold in all the continents of the world. We work on tailored solutions that would meet the niche needs of your business. Big Data is the future and to know how it can help you write to us at firstname.lastname@example.org
About Himanshu Chudasama
Himanshu Chudasama, an eloquent professional, and an experienced leader, has a deep knowledge in different segments of information technology particularly Web and Mobile Based applications. With a vast experience ranging from project development to management to acquiring and retaining clients, Himanshu Chudasama has acquired both experience and expertise along the way. His love for reading, a strong observation power, and experience ranging in different sectors and industry verticals, help him give out optimum IT driven solutions.