WiMi recently announced the launch of a new big data intelligent decision-making system based on machine learning and situational awareness resources. This system is designed to help businesses and organizations make better decisions by providing them with access to more accurate data. The system is expected to revolutionize the way decisions are made in the future. According to WiMi, the system will provide users with access to real-time data and insights, allowing them to make more informed decisions.

Big data analysis is the application of artificial intelligence approaches to very huge, incompatible massive data sets containing organised, semi-structured, and unstructured data from multiple sources, with sizes ranging from terabytes to Zettabytes. According to a market research report by Maximize Market Research Pvt. Ltd, the Big Data Market size was valued at US$ 72.56 Bn in 2022 and the total revenue is expected to grow at 17.8 % through 2023 to 2029, reaching nearly US$ 228.42 Bn. The report delves into the application of artificial intelligence approaches to vast and diverse data sets across industries, analyzing structured, semi-structured, and unstructured data ranging from terabytes to Zettabytes. It highlights big data's influence in pivotal sectors like retail, medical, automotive, agriculture, security, and industry, leveraging technologies such as facial recognition, natural language processing, and more.

According to a report released by Imarticus Learning and Analytics Insights, the global data science education market is projected to reach $378.7 billion by 2030. The report also highlights a thriving job market with 215,793 openings in big data and analytics. India's market is predicted to grow 57.52% from $204.23 million in 2023 to $1.391 billion by 2028. The report emphasizes the need for industry-aligned education to meet market demands and calls for continuing investment in AI research and development.