01.Cloud computing will lead to growth in Big Data Analytics:
The cloud offers superior models that help in producing a scalable analytics solution. It gives a flexible solution for analyzing data, accessing them and driving rich benefits from it. There is an increased demand for using public cloud than setting in-house computing. It saves cost and improves the efficiency of the organization.
02.Massive demand for the skilled professional in Big Data:
The opportunities in the field of Hadoop are enormous. As many companies investing in Big Data, there is a tremendous demand for the experienced professional in it. The courses are not offered in many universities, and there is a challenge of producing skilled professionals of Big Data. There is a vast gap between skilled labor and demand in this field. The drive for Hadoop Training is going to increase in the future. It has enormous opportunities in the field of medicine, weather forecasting, disaster management, artificial intelligence, internet of things, mathematical modeling, complex engineering problems, etc.
03.The Growth of Data Lake:
There will be significant growth of Data Lake. The data lakes are storage repository where an enormous amount of raw data is stored. It uses flat architecture to store data. The data element in the lake is given a unique identifier and tagged with extended metadata tags. It helps in accessing highly scalable, the distributed data store in the single repository. There are several benefits of using data lakes which includes integration of data between different departments, reductions in cost and integrity of the data. It removes data analysis in silos and increases data authenticity.
04.Investments in Big Data technology:
The organizations understand the importance of Big Data in their business. By crunching these numbers, they are able to take better business decisions. These decisions are paying them a rich dividend and helping them in the growth of their company. The trends will continue to rise in the coming future. More and more company will invest in Big Data Analytics. It saves several overhead costs like advertisement costs on print media, marketing costs, etc.
05.Opportunity for Small Business:
The small business will like to take advantage of investing in Big Data. It will reduce their labor expenses, overhead costs and give a competitive advantage over others in their business. The small companies have to provide excellent services at less cost to compete with the large organization. Here, Big Data is an enabler for them. It will reduce their marketing cost; promotion cost and helps in the better target of the customer in their niche.
Big Data helps in analyzing an enormous amount of structured and unstructured data. It deduces a pattern from this large volume of data. For doing sustainable business, it is essential to keep yourself aware of the changing trend in Big Data Analytics.
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