Estimated reading time: 2 minutes, 58 seconds

These Trends Are Defining Big Data Usage   Featured

These Trends Are Defining Big Data Usage    JJ Ying

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.

  1. TinyML

TinyML is a machine learning technique powered by small and low-powered devices like microcontrollers. It is a subfield of ML that enables applications to cheap devices and resource and power-constrained devices. TinyML intends to bring machine learning to the edge, reducing power consumption and allowing fast processing and storage of data where it is needed. ML also improves security.

  1. AutoML

Automated machine learning (AutoML) entails using automation to identify ML models for real-world problems. It automates the selection, automation and composition as well as parametrization of ML models. It is used to minimize human interaction and to process tasks automatically to solve real-world problems. This includes a whole process, from raw data to the final machine learning model. AutoML offers an extensive learning technique even for non-experts in ML. Since it is automated, it does not require human interaction.

  1. Data fabric

This is an architecture and data service providing consistent capabilities across various endpoints in hybrid multi-cloud environments. It standardizes data management practices and practicalities in cloud, on-premise and edge devices. According to Gartner, data fabric is one of the best analytical tools. It contains data management technologies that help in data governance, data pipelining, and data integration, among others which are crucial in big data analytics. It reduces the time for fetching out business insights making it useful in business decision-making.

  1. Cloud migration

The world and businesses are migrating their applications and services to the cloud. This is a key trend that is expected to change operations due to various benefits not only for businesses but also for individuals who rely on the cloud for storage. Cloud migration helps the organization by offering storage of big data from different sources at a lower cost and with improved speed, performance and scalability, especially when there is heavy traffic.

  1. Data regulation

Although big data has made its way into the company and corporate world and has helped in decision-making across the board, it has yet to impact the legal landscape as it ought to be. Although some have started adopting big data structures, it is still a long way to go. The responsibility of handling data at a large scale in industries such as healthcare needs laws and regulations because such data needs to be secured and cannot be left with AI alone. Going into the end of the year and even 2023, companies and relevant stakeholders are getting concerned about the existing data regulations and the need for new, better regulatory frameworks.

  1. IoT

The growing pace of technology means that we are becoming dependent on it. The Internet of Things (IoT) plays an excellent role in data technologies and architecture. The growing demand for big data has seen the adoption of sensors to gather data for decision-making. IoT will play a larger role in collecting, storing and processing data in real-time to solve organizational problems in industries such as manufacturing, healthcare and supply chain.

Read 503 times
Rate this item
(0 votes)
Scott Koegler

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

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.