Tuesday, January 26, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

Big data changes coming in 2018

Srikanth by Srikanth
September 19, 2017
in Big Data
Reading Time: 2min read
A A
0
Big data tools and how to use them
13
SHARES
187
VIEWS
Share on FacebookShare on Twitter

Big Data is not just a word now; it is a revolution for the future. As it expanses its market in to every spheres of our lives, we can just as well expect our future to change. Data has become a product that we utilize every day in our lives, from being a student to a scientist.

As a student, we reply on data and the internet to update us as our view on the world expands. It is now common that students reply more on Wikipedia for their thesis researches and projects than good old books. Scientists now analyse each and every pint of data to gain more insights on the various undiscovered beauties and innovations of the universe.

According to various reports and surveys, the Big Data Market is estimated to be of value $46.34 billion by 2018. Not only this, the market is expected to retain this growth rate for the future 5 years. By the end of 2019, the market is predicted to have an annual spending amounting to $48.6 billion.

With so much data on our hands and as more millions of data are being generated at every second of the day, it is not astounding that some relevant changes are on the way. Here’s some of the ideas on the Big Data Changes by 2018:

ADVERTISEMENT
  • New Laws to Protect Data –

As more people gets to know on the benefits of Big Data and analytics, more data are lead bare, even those which may be private to us. To protect from this unwanted access, the UK government has already enacted rules to protect data. These rules have known to have affected many multinational companies, especially the It sector organisations. The government plans to enact more stringent guidelines by 2018. This new laws called as ‘General Data Protection Regulation (GDPR)’, will be applicable from 25th May 2018.

According to the regulations, every company needs to keep a record of the data is uses, including personal data and its processing activities. By personal data, the rules imply to all data that can be used to pinpoint an individual – starting from genetics to economic and social details and even their IP addresses. Failure to abide by the rules can result in a fine amounting to €20 million or 4% of the total annual global turnover, based on the previous financial year, whichever is the greater.

  • New Big Data Jobs on the Rise –

Reports conducted on several enterprises showed by 25% of them have already introduced implemented Big Data in their organisations. The rest reveal to process their analytical procedure within the next 6 months. This also means a higher recruitment scale for the year 2018.

According to Forbes, Big Data Jobs are increasing in the market in the sectors of professor, technician, analysts and even manufacturing and finance. Posts like Information Security Analysts, Management Analysts, System Analysts and IT Project Managers will continue to be in high demand in 2018. Even big MNC’s are on the lookout of people who can offer insights to them and help them in the Big Data analytics

Are you ready for the revolutionizing change?

Share5Tweet3Share1Pin1
Srikanth

Srikanth

Passionate Tech Blogger on Emerging Technologies, which brings revolutionary changes to the People life.., Interested to explore latest Gadgets, Saas Programs

Related Posts

5 Areas of Your Business That Can Be Streamlined By Big Data
Big Data

5 Areas to Streamline Your Business with Big Data

January 20, 2021
How Big Data Analytics Helps To Discover Market Trends And Customer Preferences
Big Data

How Big data Analytics helps to discover market trends and customer preferences

October 4, 2020
15 Best Data Analytics Tools For Big Data
Big Data

15 Best Data Analytics Tools For Big Data

September 27, 2020
Big Data Analytics trends
Big Data

Big Data Analytics trends to watch out in 2020

August 10, 2020
Big data analytics in banking sector
Tech news

Big data analytics in banking sector: all you need to know

July 21, 2020
Big Data analytics
Big Data

How Big Data analytics is transforming the product experience

March 12, 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

Why Charter Networks Are Investing Heavily in Big Data
Tech news

Best Practices Of Financial Investing: Here Is What Experts Are Saying

by Sony T
January 26, 2021
Paid VS Organic Online Traffic: Why you should use them in tandem? 1
Marketing Trends

Paid VS Organic Online Traffic: Why you should use them in tandem?

by Sony T
January 25, 2021
Alibaba Cloud Computing Now Ranked Third-Largest Infrastucture as a Service Provider
Cloud Computing

Alibaba Cloud Computing Now Ranked Third-Largest Iaas Provider

by Srikanth
January 25, 2021
How a SERP Checker Can Improve Your Search Rankings
Marketing Trends

How a SERP Checker Can Improve Your Search Rankings

by Srikanth
January 23, 2021
Meet India’s Atmanirbhar Microprocessor chip ‘Moushik’, meant for IoT devices
Internet Of Things

Meet India’s Atmanirbhar Microprocessor chip ‘Moushik’, meant for IoT devices

by Srikanth
January 22, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.