The Future of Big Data and Big Data Analytics

Big Data analytics is one of the most sought after technologies that every business needs. Big data innovation is now focus points of many companies.But the question lies, whether Big Data will continue to be important even in the future. nSimpl.com is one of the most reputed companies that has a team of data scientists specializing in Big Data analytics and data warehousing and companies, old and new alike are using their dashboards and tools to strategically manage and store the Big Data.

                       Though currently Big Data is one of the most important drivers of businesses , analysts and scientists are always coming up with newer tools and technologies that are better than those of the previous generation. So, companies as well as data scientists who work extensively with Big Data must know about its future. Listed below are some of the predictions relating to the future of big data:-

▪          There will be a constant increase in data volume thus reducing the importance of Big Data in future.

▪          Though SQL is most popularly used to day, but according to Ovum, Sparks will emerge as a complementary tool and will grow in future.

▪          More tools for data analysis without the analyst will grow in future.

▪          It has also been predicted that the business analytics will include intelligence, where it is required, by the year 2020.

▪          Streaming Data for real-time users will grow in future.

▪          Machine learning, according to Ovum, will be one of the most important elements for data preparation and predicative analysis in future.

▪          Big Data will face a huge challenge relating to privacy in future according to the new privacy regulation by European Union.

▪          Most Companies will appoint a chief data officer.

▪          Autonomous things and agents will continue to be important even in the future.

▪          Data staffing shortages will increase, thus including architects and experts for data management in the future.

▪          All these predictions only make us believe that Big Data will lose its importance in future but one has to wait and see whether Big Data continues with its importance or loses its importance in the future. But one thing is for sure that Big Data will become bigger and bigger and companies who ignore its importance will be left behind in future.