by Angela Guess
According to a recent press release, “As companies and individuals continue to embrace big data and data analytics, and as advanced analytics services become more commonplace, new tools and trends are emerging. Many of these new innovations involve machine learning, which also has the potential to improve existing data technologies and analytics services. Machine learning and other trends are expected to revolutionize the industry in the near future. Global analytics and advisory firm Quantzig has announced their top data trends that will shape the field of data analytics in 2017.”
The release goes on, “Top data technology trends for 2017: (1) Automation: Task automation will increase as data analysis becomes more sophisticated and creative. Automation will allow employees to focus on more complex work that cannot be carried out by a computer, and will reduce overall production and operation times. (2) Prescriptive analytics: Prescriptive analytics recommends the best course of action based on many different factors and objects rather than just estimating how something will perform. Prescriptive analytics goes beyond the realm of predictive analytics and is more cost-effective and efficient. (3) Stronger data security: Security will undergo new innovations as the Internet of Things and big data continue to evolve and their potential security threats and issues are realized. Organizations are now analyzing, collecting, and transferring more data than ever before, necessitating stronger, more flexible security.”
Read more at Business Wire.
Photo credit: Quantzig