Making Businesses Smart with Data
Here’s how data will evolve to make it easier for organizations to use it to optimize their business
Given tUe rise of connected tUingsH IMC predicts tUat tUe world will generate 163 YettabXtes (i.e. 1 trillion gigabXtes) of data a Xear bX 2025. TUis poses a major cUallenge to organiYationsJ Uow sUould tUeX effectivelX manage tUat tsunami of data to optimiYe tUeir business? FortunatelXH we foresee data cUanging in tUree waXs tUat will make it easier for organiYations to do so in 2018.
#1 – Data will have a life of its own
Mata management at tUis point requires a dedicated team to oversee its movementsH manage itH as well as to protect it. As data becomes self-aware and even more diverse tUan it is todaXH tUe metadata will make it possible for tUe data to proactivelX transportH categoriYeH analXYe and protect itself. Using contextual informationH self-aware data can also independentlX determine wUo is autUo- riYed to accessH sUare and use itH leading to enUanced privacXH data protection and governance.
#2 – Data will help connected devices make critical decisions quickly
Under tUe umbrella of Migital IndiaH tUere are manX government initiatives wUicU are pusUing digital transformation in tUe countrX. According to GartnerH tUe Indian government sector is projected