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The Current Market Trends Boosting Big Data Intelligence

As a company owner, you must be pretty much aware of the three terms that are lately creating a lot of buzz in the commercial world- Internet of Things(IoT), Business and Artificial Intelligence.

If not, then allow me to refresh your memory on this particular concept

What is Business Data Intelligence??

Before, we enter the above topic, let us first clear our mind on Data Intelligence.

If we Google it, we get the basic definition from Techopedia that describes it as the analysis of different types of Data, taken from various sources to be used by the companies to expand their business operations.

From the Business’s point of view, BI or Business Intelligence or Business Data Intelligence stands for those applications that transforms the sea of data into meaningful information that aids organizations in making better decisions.

What are the main reasons for BI’s current popularity??

Therefore an outside application is crucial to simplify the data management process.  

Hadoop is an infrastructure for storing and processing large sets of data across multiple servers.

Now let us try to figure out the current market trends for BI.

What are the current trends that is shaping the BI concept?

Summing Up

The advent of the new technologies such as Machine Learning, Artificial Intelligence and IoT breathed a fresh air into our traditional method of conducting our daily business. Every sector is trying to imbibe the beneficial features drawn from these concepts into their framework to increase their performance efficiency. Companies have realized that Time and human resource are valuable assets which need to be employed in a profitable manner. Thus delegating certain functionalities such as Data analysis to smart thinking machines have not only made business operation efficient but has also reduced the overall time taken to complete a lengthy task such as data management and ends up using the same workforce in a more productive way. Big data intelligence is the current trend that will rule the business world for some time.

Source Credit: Big Data 2017- Digital Futures

Source Credit: Top 9 Business Intelligence Trends for 2017

Source Credit: Business Intelligence Tutorial

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