by Angela Guess
A recent press release states, “The advanced analytics market has exploded the past few years with big data being one of the hottest buzzwords in the technology sector. As a growing number of businesses take advantage of big data, this rapidly changing industry will see new technology developed and improved in order to store and analyze data more efficiently. Due to the fast pace of the industry, global analytics and advisory firm Quantzig has announced their top big data predictions for 2017.”
According to the release, the first trend is: “Public cloud is becoming more pervasive. As public cloud services become more secure, businesses are increasingly choosing to trust the cloud with their data. Both small and even large organizations are opting for public cloud offerings as private cloud solutions require an abundance of resources, in-house infrastructure and expertise. The cloud allows enterprises to access storage solutions and related services at very affordable costs and as the amount of public cloud users grow, the number of service providers will follow suit.”
The release continues, “Cloud analytics on the rise. Staying with the cloud, the growing need for advanced analytics solutions will lead to more organizations looking to adopt cloud analytics solutions. Unlike large companies, smaller businesses aren’t always able to create and maintain their own analytics systems, making cloud services from data analytics companies invaluable… Tightening security. Recent cyber attacks and data leaks have highlighted the obvious need for better security. Big data is both a reason to improve security, and a means to do it. Data analytics have the power to locate vulnerabilities and even predict attacks with accuracy.”
Read more at Business Wire.
Photo credit: Quantzig