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Big data analytics is one of the powerful technology trends and is reshaping numerous business processes and operations all throughout the world. As the amounts of data continue to grow, organizations are looking for new innovative ways to optimize big data. Big data is also being used with AI, ML, and other innovative processing technologies to analyze, process, and parse the massive datasets in multiple sectors like healthcare, E-Commerce, Government data, public infrastructure, banking and FinTech, security, manufacturing, natural resources management, and harnessing and more. One of the relationships of big data analytics with businesses is that their dependence on the internet increases, along with the amount of data generated by the rapid development and evolvement of technology. The global big data market revenue is projected to hit the 103 billion US dollar mark by 2027. And, the current BI and analytics software market are valued at 16 billion USD globally. Here are the top 10 big data trends that will drive the digital world in 2022:
In this tech-driven world, many businesses already have hybrid or multi-cloud deployments, and in 2022 these companies will concentrate more on porting their data processing and analytics. By doing so, they will be able to move from one cloud service provider to another without worrying about lock-in periods or having to leverage specific point solutions. It is one of the top 10 big data trends that will drive the digital world in 2022.
With the help of statistical tools and techniques leveraging past and existing data, Predictive analytics predict future trends and forecasts. With predictive analytics, companies can make insightful decisions for immense growth and progress. Therefore, predictive analytics is the best and of the top big data trends in 2022.
Automated machine learning, or AutoML, aims to reduce or eliminate the need for skilled data scientists to build machine learning and deep learning models. Instead, an AutoML system allows you to provide the labeled training data as input and receive an optimized model as output.
TinyML is a type of machine learning that shrinks deep learning networks to fit on tiny hardware. It brings together Artificial Intelligence and intelligent devices. TinyML broadly encapsulates the field of machine learning technologies capable of performing on-device analytics of sensor data at low power. It is one of the top 10 big data trends that will drive the digital world in 2022.
Cloud-native is a term used to describe container-based environments. Cloud-native technologies are used to develop applications built with services packaged in containers, deployed as microservices, and managed on elastic infrastructure through agile DevOps processes and continuous delivery workflows.
The augmented consumer refers to business users who leverage powerful automated, contextual, mobile, and natural language capabilities as part of their analytics workflow. What makes the augmented consumer different from typical analytics users is they don't rely on traditional dashboards as their only way to analyze their data.
Big data optimization cannot be an afterthought. With data governing every aspect of AI, predictive analytics, and so on, organizations need to handle their data with care. With AI moving deep into industries such as healthcare, sensitive EMR and patient data cannot be compromised. It is one of the top 10 Big Data trends in 2022 that are going to be the major change drivers.
In the pandemic-struck world, big data analytics and artificial intelligence assumed an extremely reliable stance in procuring the most reliable information at all times. Apart from helping in the research and development of novel treatment procedures, Big Data offered possible opportunities and sources of information like patient records, COVID tally, patient-reported travel, etc.
To build credible machine learning models, you want tremendous measures of preparing data. Tragically, that is one of the principal reasons which goes about as the inhibitor for uses of directed or unsupervised learning.
People assumed that AI was going to take over their jobs. Nothing could be farther from reality, AI and big data analytics have gone about as an empowering influence in guaranteeing that human positions are substantially more upgraded than any time in recent memory.
