GEC NEWS WIREFinds that Big data deployments will become mainstream in 2016
As 2016 is all set to ring in, Oracle has a close look into the various trends and technologies that will be ruling the floors.
According to Oracle, 2016 will witness an increase in the proliferation of experiments default risk, policy underwriting, and fraud detection as firms try to identify hotspots for algorithmic advantage faster than the competition. We will also see the emergence of dataflow programming which provides simpler reusability of functional operators, and gives pluggable support for statistical and machine learning functions.
Apart from that, Oracle believes that Data civilians will operate more and more like data scientists; DIY will give way to solution; data politics will drive hybrid clouds and data virtualization will become a reality.
Big Data stands as one of the top contender for 2016. 2016 will be the year where Artificial Intelligence (AI) technologies such as Machine Learning (ML), Natural Language Processing (NLP) and Property Graphs (PG) are applied to ordinary data processing challenges. The new shift will include widespread applications of these technologies in IT tools that support applications, real-time analytics and data science.
“2016 will be the year when big data becomes more mainstream and is adopted across various sectors to drive innovation and capture digitization opportunities”, said Neil Mendelson, Oracle’s VP Big Data Product Management.
