Efficient Data Storage Solutions In The Age Of AI

"Data is the new oil." This oft repeated concept, first coined by British mathematician Clive Humby, highlights the inherent value of data in the post-industrial era and the one that powers the transformative technology of the digital era, like artificial intelligence (AI), predictive analytics, machine learning, et al. India is on the forefront of leveraging AI for social and economic development and has demonstrated its appetite to embrace AI and the opportunity it offers through its plans. The National Institution for Transforming India (NITI Aayog) is working on the country's first-ever national policy on AI, and a government-appointed task force[i] has released a comprehensive plan to implement AI in 10 sectors in the country over the next five years. The adoption of AI enables diverse solutions that find applications in businesses as well as in governance, and also carries us into an era focused on data – the exponential growth in volume, the analysis, and the management of it.