Data Management Trends To Watch Out

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Data Management Trends To Watch Out
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Data Silos Will Continue To Grow
Data is the fuel which is powering the growth of
modern enterprises. Businesses need to be aware
of the latest data management trends in order to
modify their existing strategy. All organizations
hire professional data management services or
appoint in-house consultants to formulate their
information-handling plans. Some years ago,
when Hadoop was in vogue, all the talk revolved
around consolidation of information assets.
Organizations started believing that they can
consolidate all their assets for all kinds of
transactional and analytical platforms. However,
that belief never turned to reality in most
instances. All the different databases whether
they are relational, graph or time-series based,
have their own advantages. Adopting a
one-size-fits-all approach and combining
everything into a single data lake does not allow
businesses to harness the potential of each
database effectively. It can, therefore, be
safely assumed that data silos will continue to
grow this year.
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• Analytics Usage Will Become More Prevalent
• One of the biggest reasons that all enterprises
  are moving towards a data-centric approach is the
  insight their information assets provide into
  different business aspects. Analytics tools are a
  vital part of any information management scheme
  as they enable companies to make informed
  decisions. Businesses are increasingly looking to
  provide personalized experiences to their
  audiences

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Data Management Strategy
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More Enterprises Will Adopt Data
GovernanceEnterprises striving to improve
their performance are uncovering new data sources
as well as types at a rapid pace. The increased
usage of self-service analytics tools has led to
a rise in the creation of insights which cannot
be easily linked to their respective primary, raw
data sets. Moreover, the implementation of
privacy laws like the European Unions GDPR has
made it necessary for businesses to secure their
information assets from breaching.
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