data analysis trends that will rule the next decade according 2021 reports

The data analytics landscape is changing faster than ever. This is evolving relentlessly with the rise of digital data. An IDC report predicts that there will be 175 zettabytes of data generated in the world by 2025. Today, market players have realized the importance of data and analytics to gain business advantage from both data sources. proprietary data as well as external ones. The availability of technologies such as the cloud, open source platforms, and the emergence of data-intensive tools and solutions, such as machine learning, artificial intelligence, and the Internet of Things, has also transformed the analytics of data. data in recent years, making it more accessible overall.

It is significant that data analytics refers to the process of evaluating raw data to draw conclusions about that information. Most of the data analysis processes have been automated in mechanical processes and algorithms that work with raw data for human consumption. Meanwhile, managing a massive amount of data certainly poses both significant challenges and opportunities. So what trends will shape the data analytics landscape for years to come, and why should companies consider them?

The rise of cloud-native companies

Companies using analytics tools are increasingly moving to the cloud for efficient business performance. Already a large number of organizations and start-ups have migrated their functions to the cloud infrastructure. Using cloud-native applications can enable companies to better contribute to business agility and innovation. Currently, 15 percent of new business applications are cloud-native and this adoption is projected to reach 32 percent by 2020. Adoption of cloud-based data analytics and business intelligence tools offers enterprises numerous benefits over traditional infrastructure. This offers better performance.

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