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Watch Out For These 5 Tech Trends In The Data Economy

The year is about to end and here is a look at some noteworthy tech trends in the data economy. Did you get introduced to the tech world for your love playing online casino games after reading a review of the casino at Betfair this year? Well, you can expect the tech world to change significantly next year too.

Please ensure you bookmark them because they are bound to make a mark in 2019.

1. Internet of Things (IoT)

IoT is changing and will continue to change ways of designing and running data centres. It is estimated that by 2020 more than 70 million devices will be connected to IoT. Although most IT experts might be reluctant to admit it IoT will improve data efficiency that humans can’t.

There are two things which are bound to change the future and that is IoT and Artificial Intelligence (AI). As AI is evolving the machines will need to learn how to organize data and that is where IoT comes to play.

2. General Data Protection Regulation (GDPR)

The European Union implemented the GDPR law early this year on May 25. It became the most contested law in EU’s history. In 2012, European Union Parliamentarian Viviane Reding initiated the implementation of the GDPR. According to her, big companies such as Facebook, Apple, Google and Amazon were going against “the old law.” Instead of updating the privacy, they were actually doing nothing. And if it wasn’t for the implementation of the GDPR then you and your Facebook page would be in a whole lot of trouble.

GDPR will be part of ensuring that your data is secured. This means that big companies such as Facebook will need to notify the regulator within 72 hours of a data breach.

3. Data Warehousing

AI, IoT and GDPR have grabbed the headlines for pretty much the most part of 2018. Therefore you should not forget about data warehousing, in simple terms, this means that more data is bound to be on the cloud.

In the old day’s companies used to store all their data everywhere thus it became hard to expand and innovate. However, Facebook began to change things a bit with their motto” move fast and break things.” This introduced more industries into the cloud market.

If you own a big company, using cloud is going to be an efficient way to store data. It’s why big companies like Uber already store their data on the cloud.

4. Hybrid Deployment in the Cloud

As a company, once you opt to save your data on the cloud then you will have the choice to choose either a public cloud or a private cloud. You will opt to choose one which best suits these needs of your company.

However, a hybrid model which can deploy both the advantages of the two options might be the best road to take. It will give you the best of both worlds.

5. Enterprise Machine Learning

Next year, a lot of companies are seeking to increase their production scales, and many are adopting Enterprise Machine Learning.

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