Technology Dictionary: Why the Future is in Data and Its Interpretation

the Technology is an essential part of our lives and that in the coming years its influence will continue to increase in the activities we do daily, so we will all have to continue to grow at the same time.

The COVID-19 pandemic has shown that there are people who are not prepared to face this crisis. The Internet of thingsBecause it seemed so foreign to many. They had to catch up quickly so as not to fall behind and to maintain contact with activities and people they had to physically stop seeing.

Technology will continue Impact on our routineSo, it is important that we do not let our guard down and continue to expand our knowledge of terms like cloud space, metaverse, USB, cryptocurrencies, and more.

According to a study conducted by EY and Nimbus Ninety, 81% of companies recognize the need to implement big data methodologies.

Although it is a relatively recent system, its emergence has been transversal and can be found today in all sectors of activity.

However, its consolidation will happen finally in the coming years through a real revolution that will lead, according to a report published by Gartner, to a market worth more than $ 20 billion. Big data and business intelligence have opened up great employment opportunities in the technology sector, which is reflected in the field of training through specialized programs such as the BI Master program.

By using big data analytics technologies, companies will gain significant decision-making flexibility, accelerating their management rates up to five times faster than their competitors, according to a study by Bain & Company.

The trends in big data that will define business development will be:

With the increasing collection of data, systems can integrate AI-based solutions. Machine learning will be able to generate prescriptive conclusions independently, and as a result, the boundaries of big data analysis will be blurred, providing greater accessibility to users and removing limitations that have so far only been overcome by data scientists.

This is expected to start to become more widespread when combined with natural language processing, which will lead to new, more intuitive interfaces that will, in a way, democratize access to information.

Migrating your data warehouse to the cloud is generally a cost-saving opportunity compared to on-premises solutions. However, there are still significant opportunities for optimization within cloud systems at this level.

For this reason, a large number of companies are opting for cold data storage alternatives. The main advantage is that you can invest in actions that can reflect a return on investment instead of assuming an indirect cost.

Gradually, as companies move their traditional, on-premises data warehouses to cloud environments, data integration platforms are becoming more prominent. As a result, there is also a trend towards a more unified approach to facilitating accessibility.

This allows more employees to use the available data, creating a common, central analytical foundation.

The term came into use in 2018 and has since gained more and more presence. DataOps is one of the most relevant trends in the sector, and perhaps one of the most defining trends in the near future. Especially at a time when data operations are becoming more complex and increasingly requiring new integration and management tools that provide higher levels of performance.

DataOps relies on the implementation of DevOps and Agile methodologies at all stages of the analysis cycle. That is, from collection to preparation. DataOps contributes to optimization processes and generates stronger collaborations thanks to strict statistical control of procedures that allows periodic monitoring of data flow.

information very technological Explains how these terms apply. Impact on daily tasks And why is it important to know it in this fast-paced world?

Although some terms are familiar, or on the contrary, not very well known, the truth is that knowing their meaning allows you to stay one step ahead when it comes to living in the vast world of technology.