slide 1: 05 Predictions about
Big Data
01.Cloud computing will lead to growth
in Big Data Analytics:
The cloud offers superior models that help in producing a scalable
analytics solution. It gives a flexible solution for analyzing data
accessing them and driving rich benefits from it. There is an increased
demand for using public cloud than setting in-house computing. It
saves cost and improves the efficiency of the organization.
02.Massive demand for the skilled
professional in Big Data:
The opportunities in the field of Hadoop are enormous. As many
companies investing in Big Data there is a tremendous demand for
the experienced professional in it. The courses are not offered in many
universities and there is a challenge of producing skilled professionals
of Big Data. There is a vast gap between skilled labor and demand in
this field. The drive for Hadoop Training is going to increase in the
future. It has enormous opportunities in the field of medicine weather
forecasting disaster management artificial intelligence internet of
things mathematical modeling complex engineering problems etc.
slide 2: 03.The Growth of Data Lake:
There will be significant growth of Data Lake. The data lakes are
storage repository where an enormous amount of raw data is stored. It
uses flat architecture to store data. The data element in the lake is
given a unique identifier and tagged with extended metadata tags. It
helps in accessing highly scalable the distributed data store in the
single repository. There are several benefits of using data lakes which
includes integration of data between different departments
reductions in cost and integrity of the data. It removes data analysis in
silos and increases data authenticity.
04.Investments in Big Data technology:
The organizations understand the importance of Big Data in their
business. By crunching these numbers they are able to take better
business decisions. These decisions are paying them a rich dividend
and helping them in the growth of their company. The trends will
continue to rise in the coming future. More and more company will
invest in Big Data Analytics. It saves several overhead costs like
advertisement costs on print media marketing costs etc.
05.Opportunity for Small Business:
The small business will like to take advantage of investing in Big Data.
It will reduce their labor expenses overhead costs and give a
competitive advantage over others in their business. The small
companies have to provide excellent services at less cost to compete
with the large organization. Here Big Data is an enabler for them. It
will reduce their marketing cost promotion cost and helps in the
better target of the customer in their niche.
slide 3: Big Data helps in analyzing an enormous amount of structured and
unstructured data. It deduces a pattern from this large volume of data.
For doing sustainable business it is essential to keep yourself aware of
the changing trend in Big Data Analytics.
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