6 Predictions For The $203 Billion Big Data Analytics Market
The creation and consumption of data continues to grow by leaps and bounds and with it the investment in big data analytics hardware, software, and services and in data scientists and their continuing education. The availability of very large data sets is one of the reasons Deep Learning, a sub-set of artificial intelligence (AI), has recently emerged as the hottest tech trend, with Google, Facebook, Baidu, Amazon, IBM, Intel, and Microsoft, all with very deep pockets, investing in acquiring talent and releasing open AI hardware and software.
The increasing interest and investment in AI, in turn, will lead to the emergence of new tools for collecting and analyzing data and new enterprise roles and responsibilities. Here are a few predictions—based on analysis by the International Institute for Analytics (IIA), IDC, and NewVantage Partners—regarding the market for big data analytics.
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