A Blog on Big Data Analytics and Techology News
ECM TechNews is a blog to share passion in a wide spectrum of technology news. The Analytics TechNews covers news and innovation of data analytics.
Data is at the heart of all discussions on the future of our societies. Already in 2017, Jeff Fochtman, marketing manager at Seagate announced: What is surprising is not that the production of data to be stored is increasing, but the frantic pace of this increase.
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For Paul Ricœur (a contemporary philosopher) ” we tell stories because human lives need and deserve to be told “. Every day, around the world, we generate an astronomical amount of data. These data are fragments of our lives!
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We hear about it everywhere, Big Data, data science…Literally, Big Data refers to a very large set of data that no human or conventional database management tool can work alone. IDC estimates that by 2020, every person on Earth will generate 1.7 megabytes of data per second. To give you an idea, it’s the weight of the MP3 file of a two-minute song.
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Today, the terms Artificial Intelligence, Big data or predictive analytics are very often used. They represent a new sector still vague for many people. Anticipating, controlling and especially automating actions in companies are increasingly necessary needs in the professional world. Automating actions to make them more reliable and gaining productivity is a goal for many companies.
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Web giants, startups specializing in Big Data, the market is full of Big Data solutions. To innovate more quickly and to offer better targeted and better-performing products and services, SMEs must, without delay, take up the subject.
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Today, the boundaries between departments and product development teams are vanishing as cross-disciplinary workforces arise as the new norm. Collaboration in these employee groups is not limited to the sitting spaces, discussions, or let alone internal reviews. The industry requires employees to proactively work on interwoven domains to create a single product. But, how do these people from various educational backgrounds and functional areas come together for sharing information?
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With the arrival of new technologies such as 5G, the Internet of Things (IoT), Artificial Intelligence (AI) and Big Data, several countries around the world are putting new services in place for the management of cities and their inhabitants. Smarts Cities are thus being born everywhere and the urban landscape will completely transform in the years to come.
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Three-quarters of companies plan to use their archived data for predictive analytics, and this vision for the future is already guiding the choice of tools they adopt to monitor their performance indicators. According to a recent IT Trends in Large-and Medium-Sized Canadian Businesses study by NOVIPRO and Léger, businesses are no longer content to use current data as it is generated. Five out of six companies (84%) also consult data they have stored or archived. And almost half of them (40% of the total) do this consultation on an ongoing and not just casual basis.
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Big data has grown significantly in recent years, reflecting the willingness of companies and governments to own this type of infrastructure. According to IDC forecasts, the annual revenues for Big Data and Business Analytics solutions (BDA) will reach $189.1 billion in 2019, an increase of approximately 12% over This double-digit annual revenue growth in this area is expected to continue until 2022.
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With Artificial Intelligence, teachers can improve their classes, provide help to those who need it most, and focus more on putting the knowledge of their students into practice. Beyond the master, they now becomes accompaniers.
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