Scott Koegler

Scott Koegler

Scott Koegler is Executive Editor for Big Data & Analytics Tech Brief

These Trends Are Defining Big Data Usage  

We live in a world where things are fast turning digital thanks to the advancement of technologies such as artificial intelligence (AI) and machine learning (ML). These technologies have not only reshaped businesses but have also changed society. With these advancements, it is no surprise that big data has taken over most industries as an efficient tool to help make decisions by monitoring market trends necessary for businesses. With the growth of data, companies are now looking for alternative options to optimize it on a large scale. This makes big data and analytics the best way to go. With this paradigm shift, these trends are defining big data usage in this era.

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The Pathway to Success in Big Data

Big data has, over the years, gotten bigger, better and more useful, and so have the expectations of people and organizations on its potential. With the continued adoption of this technology and digitization, big data will continue growing. Regardless of your database or application, it would be best if you had the flexibility to connect quickly and consolidate the data. With the advances in big data, you will also need a strategy for a pathway to success in your endeavours. Here are some best practices for approaching your big data and realizing its full potential.

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Yes, You Need a Strategy Behind Your Big Data

Big data is gaining momentum in almost every industry. Data clearly show this. For instance, IBM reports that 2,500 trillion bytes of data are produced by people daily. CISCO states that the main sources of this data are over 50 billion IoT (Internet of Things) devices and other connected devices that collect, analyze and share it. With all this diverse data, big data presents an excellent opportunity for major insights for the company of any industry, regardless of size. This makes a big data strategy pivotal. With the right big data analysis mechanisms in place, you can know when, where and how to shoot in the most optimal and possible way. Big data and insights from it make targeting accurate and bring out more appealing results.

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