Global investment in big data analytics technology is set to double between 2015 and 2021,Read More
What do CIOs want from big data in 2016?
With the new year almost upon us, many experts have been offering their thoughts on what the big data market will hold in 2016. And while top tips for the technology include greater use of developments such as the Internet of Things and machine learning, will these be the innovations that the people actually using the tools want to see?
CBR noted that for many chief information officers (CIOs), the main thing they will be hoping to get out of the next 12 months will be clarity. this includes better messaging about the technology itself, and clearer information on issues such as privacy and data sharing.
Top of the wish list for Hortonworks founder Arun Murthy will be an end to the hype and overuse of buzzwords that has defined much of the big data sector in previous years. He told the publication: "I just wish the term went away and [we can] just call it data and be done with it."
CBR noted that this is indicative of a growing feeling that simply referring to 'big data' is too broad, particularly now that the initial hype stage is coming to an end and businesses are starting to ask more about what they can actually do with the technology in order to drive real-world value from their applications.
Improved standardisation and clearer guidelines from regulators about how large volumes of sensitive data need to be protected will also be highly important to CIOs in 2016, as more production deployments of such solutions go live.
CBR stated that the EU, for instance, should be creating a set of laws that make it clear exactly how data can legally be shared across the continent. There have been steps taken towards this recently, with a draft text of the upcoming European General Data Protection Regulation agreed upon by MEPs earlier this month.
However, the publication observed that one of the biggest problems with previous pan-European data protection laws is that they have been constantly updated and revised, while individual member states have often interpreted EU directives differently. This has caused a great deal of stress for CIOs as they struggle to keep up.
A more consistent set of rules that do not change from country to country will give CIOs much greater peace of mind as they go about building systems for the collection, storage and processing of large volumes of data in 2016, CBR continued.
Efforts to develop universal processes for data collecting and ensure that all applications are able to integrate with each other more easily will also assist with this.
CBR said: "Platform providers have taken steps in standardising and making it easy to connect different data sources, but plenty more can be done."
Among the other CIO big data wishes that the publication highlighted for 2016 was the implementation of more focused data collection policies that offer more detail about the type of information organisations need to collect. The ability to make migrating data between different parts of a network easier was also named as a priority for the year ahead.