Thursday, October 10, 2013

What will be the three most important trends/developments in Big Data Technologies through 2020?

Overview – Through 2020 three key trends impacting Big Data will be 1) monetization; 2) mobility and 3) privacy. The pervasiveness and pace of communications, collaboration, and transactions will dramatically accelerate all aspects of Big Data, driven by mobility, creating challenges in security and privacy and opportunities to monetize.

Key findings – Mobility is accelerating the pace of data and the opportunities for capitalizing on the flow of information. Exponential increases in volume, velocity and variety of data will propel the market, creating challenges and opportunities especially for organizations that move to monetize the information assets. The frequency of security breaches will drive the adoption of increasingly strict privacy regulations. 

Recommendations – Assess the information assets of the organization and consider opportunities for monetization, and channels to market. Consider carefully the implications of security and privacy for these assets. Prepare for the glut of data and onslaught of emerging technologies. 

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