• Business Use Cases Conclusion
  • Data scientists spend 39% of their time
  • The Evolution of Big Data and the Future of the Data Platform




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    050623-The Future of Big Data with Data Lakehouse

    06
    The Evolution of Big Data and the Future of the Data Platform


    Introduction
    Big data beginnings
    New big data approaches 
    Big data challenges
     
    Data lakes
    Data platforms
    AI and ML
    Business Use Cases
    Conclusion
    AI and ML

    AI and ML are the next disruptors in big data technology. With AI and 
    ML, computers can recognize the content of images, transcribe spoken 
    language, read texts, and understand the sentiment of social media 
    responses. Where data platforms were at first tools to simply collect data 
    of all types, with 
    AI and ML
    they can now understand the stored data and 
    use that to initiate actions or support decisions. 
    The integration of AI and ML into data platforms has enabled many new 
    use cases that were never achievable previously.
    Data scientists spend 
    39% 
    of their time
    curating and preparing data before it can be used.
    Data platforms

    Remember 
    transactional databases
    and 
    data warehouses
    ? They continue to 
    be core building blocks for managing structured data for most companies. 
    But now data lakes with unstructured data are also becoming critical as more 
    companies leverage their unstructured data for business insights. Increasingly, 
    companies are looking at databases, data warehouses, and data lakes as equal 
    components of their entire data estate. Integrated management across these 
    silos is required for comprehensive management and analytics across all of a 
    company’s data.
    That’s what a 
    data platform
    offers. A data platform combines the best features 
    of transactional databases and data warehouses with the best features of 
    data lakes. A data platform will reduce data redundancy, eliminate the costs 
    of maintaining multiple data storage systems, support a wide variety of 
    workloads, and improve data security. 
    A data platform’s modern, open architecture can store and process all of 
    an organization’s data, including structured and unstructured data, while 
    enabling users to access information more quickly and start putting it to 
    work. Organizations use data platforms to capture, manage, 
    and analyze data in real time to improve customer 
    experience, reduce fraud, and speed up time to market.

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    The Evolution of Big Data and the Future of the Data Platform

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