Big Data innovations have been consistently increasing over the time. With every year there is improvement in the sector. When we consider 2016 for the data innovations, it was a time for big data as during that period the storing, processing, and extracting value from data of all forms and sizes was applicable.
Introduction to Multilingual Retrieval Augmented Generation (RAG)
4 Biggest Innovation in Big Data You'll See in 2018
1. B I G G E S T I N N O V A T I O N S I N
B I G D A T A
4 Y O U ’ L L S E E I N 2 0 1 8
2. Did you know data will soon replace gold as the most essential
commodity? Undoubtedly it is one of today’s most important assets. After
all, information technology is the gateway to mankind’s future. So here
are the innovations in store for us in 2018 for Big Data innovations.
3. I M P R O V E D A C C E S S I B I L I T Y W I T H
A R T I F I C I A L I N T E L L I G E N C E
From chatbots to critical thinking applications, AI programs will be a
common fixture, not just in giant conglomerates but also in SMEs.
4. R O B O T S W I L L G E T
S M A R T E R
2018 will also see an increase in the use of AI-governed applications. According to statistics,
businesses can save up to $0.70 for every AI interaction. Thus, creating a more promising
alternative to conventional customer support solutions.
5. F A S T E R , M O R E A C C U R A T E
E C O M M E R C E T R A N S A C T I O N S
2018 holds a lot of potential for product searching and shopping. Big Data programs offer a
highly effective platform for customer data. These automated applications offer faster, more
accurate transactions as it cuts response time down to milliseconds.
6. T H E I N T E R N E T O F T H I N G S
W I L L C O N T I N U E T O G R O W
There will be more responsive devices that will be connected to a smarter network in the years
to come. Experts speculate total business investments toward the Internet of Things will reach
up to $6 trillion by 2021. Big Data applications will spearhead this massive development.