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10 Big Data Predictions for 2016

For a reality check, here International Data Corp.’s top 10 near-term and long-term predictions for the big data market.<br>

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10 Big Data Predictions for 2016

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  1. 10 BIG DATA Predictions 2016 Revisited for A Data Science Company

  2. Top 10 near-term and long-term predictions for the big data market

  3. 1. Big Demand for Visual Tools

  4. “Visual data discovery tools will be growing 2.5 times faster than rest of the business intelligence (BI) market

  5. 2. Cloud Big Data Analytics Takes Off

  6. “Over the next five years spending on cloud-based Big Data and analytics (BDA) solutions will grow three times faster than spending for on-premise solutions.

  7. 3. Big Data Staff Shortages Remain

  8. In the U.S. alone there will be 181,000 deep analytics roles in 2018 and five times that many positions requiring related skills in data management and interpretation,” IDC predicted

  9. 4. Unified Data Platform Architectures Take Hold

  10. “By 2017 unified data platform architecture will become the foundation of BDA strategy.

  11. 5. Machine Learning Comes of Age

  12. Machine learning,” is accelerating this year. “These apps will grow 65% faster than apps without predictive functionality

  13. 6. External Data Gains Budget

  14. 70% of large organizations already purchase external data and 100% will do so by 2019

  15. 7. Data Streams Come of Age

  16. Adoption of technology to continuously analyze streams of events” is accelerating this year as it is “applied to Internet of Things (IoT) analytics, which is expected to grow at a five-year compound annual growth rate (CAGR) of 30%

  17. 8. Decision Management Platforms Gain Attention

  18. Decision management platforms will expand at a CAGR of 60% through 2019 in response to the need for greater consistency in decision making and decision making process knowledge retention

  19. 9. Rich Media Gets Analyzed

  20. Rich media (video, audio, image) analytics will at least triple in 2015 and emerge as the key driver for BDA technology investment

  21. 10. Think About This

  22. By 2018 half of all consumers will interact with services based on cognitive computing on a regular basis

  23. Thank you to IDC for the predictions For more click here Source: IDC http://www.information-management.com/gallery/idcs-10-big-data-predictions-10027476-1.html A Data Science Company

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