The top most trends of Big Data in 2021
In 2021, the process of automation which is on a steep rise has made it extremely easy to progress from the lab phase to the production phase. Apart from this, more and more businesses are recruiting Data Officers which has turned the focus back on analytics. In this way, analytics is becoming more important, streamlined and unavoidable as a process.
It is much understood that both the volume and the veracity of data would continue to increase in 2021. To support this statement, a report of IBM points out that almost 3.84 million jobs which are directly or indirectly related to data would be created in the coming five years. That said, the domain of big data analytics, business intelligence and big data certification especially big data certification in Malaysia would be in the limelight for the next few years.
It thus becomes important to analyze the trends that we are slated to observe in the next decade in general and in 2021 in particular.
A bird’s eye view of machine learning
Machine learning can prove to be a very strong tool in the analytics of big data. The great combination of machine learning and big data has the potential of yielding deep insights into data. That said, a mention should be made about the most prominent machine learning tools. These include classification, clustering and time analysis of data.
Real time data analytics
Analytics is a real key to unlock the potential of data. It provides a competitive edge to businesses and makes them grow in size and stature. According to a report by Gartner, all those companies that are not zealous about investing in big data analytics would see a rapid dip in their revenues in the next few years. In addition to this, other fields which are seeing a significant transformation now and would evolve further in future in the light of analytics are customer segmentation, customer journey analytics and real time speech analytics.
The cycle of continuous intelligence
The cycle of continuous intelligence is a framework that incorporates real time analysis with business operations and management. This can be extended to business marketing as well. The power of continuous intelligence makes use of techniques like event management and development, augmented analytics and optimization technology.
It is by virtue of continuous intelligence that the hitherto untouched customers are attracted into the business market. It is believed that this technology has the power to act as a central neural schema for the domain of business intelligence.
Data certification and augmented analytics
The firms that are involved in big data certification in Malaysia are making use of augmented analytics on a large scale. There is a very close connection between big data and augmented analytics. The latter makes use of automation, artificial intelligence and machine learning to derive useful information from raw data. In the next decade, augmented analytics would be the top most trend in the intelligence market.
In conclusion
There are a number of trends to watch out for in 2021 and these trends would get constantly updated as technological evolution continues to influence us in the long run.
