Ways in Which Big Data Wil Be Revolutionizing Lives in 2020

There is an infinite amount of data present in the world that needs to be managed and analyzed for different purposes. If stats are to be believed there are about two and a half quintillion bytes of data that are created daily. That’s a massive number to digest. The market for big data is anticipated to shoot to $70 million by the next year. The intricate manipulation of data not only makes s remarkable business or economic impact, but it also revolutionizes human lives as well. It is quite evident that the number will only increase and not decrease with the involvement of the internet. Today, big data can be collected from different fields and can be monitored efficiently to make things streamlined.

What is Big Data?

Big data is nothing but a collection of enormous data that are further managed and analyzed for trends, tactics, and patterns, These data are used for preparing an insightful base for specific information. For instance, customer behavioral data is used to lay the groundwork for the sales strategy. It is collected from plenty of sources that prove to be beneficial in preparing a reliable foundation of information for the business.

Each day big data is taking a leap forward to make our lives better and streamlined. Here are a few ways through which it is going to revolutionize further in 2020.

Safer Websites And Applications

“63% of businesses are not even aware that their websites are hacked.”

Website and application security is one of the growing concerns in the business world. With the increasing threats of cyber attacks, businesses are searching for ways to tighten security. According to the reports, big data will soon be used to detect fraudulent and unsuspicious behavior on the websites to eventually improve security. Experts claim that it will bring the required scalability, flexibility and performance to the security management of websites. With safer websites and applications, businesses would be able to make the most of their resources and bring productivity gains to the company with the help of big data.

Access To Higher Education

“22 million people in the US are unemployed or underemployed due to the lack of proper education.”

The employment gap is a serious issue in the majority of the countries. The demand and supply of talent is a serious threat. One of the common reasons why this happens is because of the lack of a proper mechanism for education. Big data is one of the hot jobs today. Though there are infinite openings for experts, there is a dearth of appropriate talents. The courses of big data are quite expensive that makes students opt out of it. Today, it is giving chances to the students to acquire affordable education with the help of online courses.

Safer Roads For Travel

“Car accident is the leading cause of death in the US out which 75% is not caused by drug or alcohol.”

Car accidents are fatal and become a major cause of death sometimes. Though drugs and alcohol are considered the major cause of accidents, a fair amount of accidents are caused due to unsafe roads. Big data is planning to make reliable predictions on how cars and drivers behave on the roads and further make necessary changes on the roads to make it safer. Companies are working on developing technologies where cars could communicate on roads and minimize the chances of accidents.

Conclusion

2020 is the most anticipated year for some radical transformations in the technology that are aimed to enhance efficiency and make human lives easier. Big data is all set to make some radical changes and bring potency to the world. There’s no doubt in asserting that this radical technology is continuously changing the way things are done and interpreted in society. It is transforming the business realm by providing a staunch base of information in the form of predictive data.

This year, big data is going to make some dynamic transformations in the industry. The above mentioned were some of the big changes that will be brought by big data in 2020. All we can do is wait until it brings the next boom in the industry.