Monday 26 December 2016

WHAT’S IN STOCK FOR BIG DATA IN 2017?


In 2017, systems that support large volumes of data will continue to rise. The market will demand platforms that help data custodians govern and secure big data, while empowering end users to analyse that data more easily than ever before. These systems will mature to operate well inside of enterprise IT systems and standards. Furthermore, the focus on big data analytics skills will continue to grow as it becomes a more central focus for enterprises across industries.

In Singapore, specifically, the Economic Development Board (EDB) has predicted that the data analytics sector will likely add $1 billion in value to the economy by 2017. The discussion drives our list of the top big data trends for the following year.

These are the predictions for 2017:
 A smarter everything, with big data skills:
In Singapore itself, we have already seen the government launch several incentives to encourage the workforce to develop these skills, while more academic institutions offer relevant courses to their students. This will continue to take main stage in 2017.

Variety drives big-data investments:
Gartner defines big data as the three Vs: high-volume, high-velocity, and high-variety information assets. While all three Vs are growing, variety is becoming the single biggest driver of big-data investments, as seen in the results of a recent survey by New Vantage Partners. This trend will continue to grow as firms seek to integrate more sources and focus on the “long tail” of big data.
Data formats are multiplying and connectors are becoming crucial. In 2017, analytics platforms will be evaluated based on their ability to provide live direct connectivity to these disparate sources.

 The convergence of IoT, cloud, and big data create new opportunities:
It seems that everything in 2017 will have a sensor that sends information back to the mothership. In smart cities and nations, like Singapore, analysts have commented that products from the IoT sector will continue to feature. A year ago, Frost and Sullivan also projected that the number of connected devices will increase to 50 billion units globally in five years; this is equivalent to each person having ten connected devices.
Across the region, IoT is generating massive volumes of structured and unstructured data, and an increasing share of this data is being deployed on cloud services. The data is often heterogeneous and lives across multiple relational and non-relational systems, from Hadoop clusters to NoSQL databases. While innovations in storage and managed services have sped up the capture process, accessing and understanding the data itself still pose a significant last-mile challenge.
As a result, demand is growing for analytical tools that seamlessly connect to and combine a wide variety of cloud-hosted data sources. Such tools enable businesses to explore and visualize any type of data stored anywhere, helping them discover hidden opportunity in their IoT investment.

Big data grows up: Hadoop adds to enterprise standards:
We’re seeing a growing trend of Hadoop becoming a core part of the enterprise IT landscape. And in 2017, we’ll see more investments in the security and governance components surrounding enterprise systems. Apache Sentry provides a system for enforcing fine-grained, role-based authorization to data and metadata stored on a Hadoop cluster. Apache Atlas, created as part of the data governance initiative, empowers organisations to apply consistent data classification across the data ecosystem. Apache Ranger provides centralized security administration for Hadoop.
These capabilities are moving to the forefront of emerging big-data technologies, thereby eliminating yet another barrier to enterprise adoption.

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