Innovations in the field of big data are consistently going through a phase of amelioration over the last few years. When we think of the year 2016, it was certainly a very big time for this technology as people were just learning about collecting, storing, analyzing, processing, and finding information from the big data that was collected in all sizes and forms.
In the year 2017, there were many systems that were designed in order to support the different volumes of large, structured, and unstructured types of data and these systems are currently growing at a very impressive rate. Hence, now, in 2018, is really the time when the industry would require some platforms which are able to help all the custodians of data in governing and securing the big data, all the while allowing the users to go ahead with data evaluation. Thus, it can be said that the systems are certainly getting a lot of enhancement as well.
Big Data Innovations This Year
Here we are mentioning some of the big data innovations that have taken place and how it has affected users all over the world.
Increase of Cloud Migration
There is no doubt about the fact that it was a little bit of a surprise when different companies started their migration towards Cloud platforms . There certainly were some issues in the initial stage due to that. But all the issues came to a rest after the realization that Cloud platforms are highly secure and effective.
Also, it is an observation that there are many employees who now are working in an isolated manner. So, it can be said that people are getting some secure and safe access to all the analytical tools and the data which makes Big Data as a Service (BDaaS) really important.
Reality of The Continuation of Growth
It was a statement by the “Streaming Analytics Market by Verticals – Worldwide Market Forecast & Analysis (2015 – 2020)” that the predictions of the analytics in real-time were more focused on observing the annual growth of about 31.3% on an average between 2015 and 2020. So, it can be said that big data is still in the phase of growth in present times. Earlier, saw that things in big data were more centered on practice. However, things have changed a lot and it is all due to the immense popularity that the technology is getting and the reduction of the costs as well.