2017 predictions for Big Data, IoT, and AI

There's no doubt that there are currently three big trends in business models: Internet of Things (IoT), Big Data and artificial intelligence (AI). From the still-fragmented internet of things to rapid fluctuations in computing paradigms to how AI is reshaping how we live, everybody's talking about these trends but what's really going on? Here's the lowdown on what you need to understand about them, and the future that lies in the year ahead from a consumer perspective. Big data, as defined in Wikipedia, is a term for data sets that are so large or complex that traditional data processing application software is inadequate to deal with them. Since the data sets are so huge, the challenges include capture, storage, analysis, data curation, search, sharing, transfer, visualization, querying, updating and information privacy.