Leading Data Trends in Big Data, Revealed by GlobalData

Today's digital economy is powered by data, which is produced in abundance by both individuals and enterprises and stored in vast data centres, according to GlobalData, a leading data and analytics company. The company's latest report, 'Big data – Thematic Research', details how several prominent business people and a number of leading publications have described data as the new oil, capable of generating significant value if used in the right way. Many big data vendors have had to contend with a growing market perception that data governance, security, and management have taken a back seat to accessibility and speed. In response, most companies are now accepting the challenge and openly prioritising data governance. This is expected to result in multiple disparate solutions being replaced by single data management platforms, leading to efficient scalability, collection, and distribution of data.