Company
Date Published
Oct. 11, 2018
Author
Aerospike Marketing
Word count
279
Language
English
Hacker News points
None

Summary

Companies today face challenges with continuous influxes of data, which traditional data analytic systems struggle to handle. The field of Big Data has emerged as a result, leading to the hiring of Chief Data Officers (CDO). Organizations need to react to data in real-time, and innovative IT organizations are installing new high-performance systems alongside older ones to address this challenge. To make data valuable, it must be converted into something consumable by key business decision makers. Real-time reactions can improve brand loyalty, business economics, and engagement yield. John Dillon predicts that we're currently experiencing the beginning of the next wave of data analytics, with a focus on sustainable 'data farming' over traditional 'data mining.'