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There have been rapid developments in big data which has changed business models. 2016 has been a really significant year for big data and the future proves promising. Top trends that will follow in big data analytics solutions in the 2017:
1) Customer Digital Assistants
One of the surprising trends was the rise of interests in digital assistants. The most devoted users such as the gamers, who have fully recognized this technology such as of Xbox One and Sony PS4. With advancement in NLP and audio-recognition, mobile digital assistants now are almost the must-haves today, and all signs point out that digital assistant will play an even more important role in the current year.
2) Simpler Data Analysis
In the same way as other past years, data saw an uncommon development in volume and accuracy. With this rate, the current data analysis techniques and tools would soon be outdated and big data analytics solutions take its place. However, the upcoming trends concentrate on improving and simplifying data analysis process, to a level where even non-coders could analyze huge datasets easily.
3) Machine learning
Not far back, machine learning was considered absolutely a research field. For the benefit of all, this insight soon changed and today, machine learning has dedicated departments in various organizations. For business purposes, the idea of machine learning is to help as an extension to predictive analytics, thereby reducing the work and make the most of the profits. This trend will remain to be one of the top business approaches in the future.
4) DATA-AS-A-SERVICE (SAAS)
Today, companies realize the significance of their data. Thus as offering to give a rise to a whole new business plan of data-as-a-service. With procurement, more tech titans might realize that their data can be converted into beneficial services.
5) The Transition Of Big Data to “ACTIONABLE DATA”
Big data analytics solutions will keep on to face its current challenges- the most prominent being the required manpower to handle the increasing volume. Privacy concern is also a big issue to the general perception concerning the increased use of Big Data. It is entirely possible that big data may be replaced by actionable data in current year.
Bilytica’s big data analytics solutions help you to understand your brand, market perception and design perfect strategy for big data analysis. It helps to get insights into huge amount of data.