5 predictions for 2016 on data, analytics and machine learning

Venturebeat * note that "Although the big data market will be nearly 50B by 2019 according to analysts, what's most exciting is that the disruptive power of machine data analytics is only in its infancy. Machine analytics will be the fastest growing area of big data, which will have CAGR greater than 1000%." The move towards cloud based solutions opens up opportunities and it is not going to reverse. Following on from the trend in recent years yet more and more companies are increasing their use of cloud based solutions and along with this the opportunity to extract and collect data provides a potential for gleaning some information and knowledge from that data. Suhale Kapoor, Co-Founder and Executive Vice President, Absolutdata Analytics * highlights "The fast shift to the cloud: The cloud has become a preferred information storage place. Its rapid adoption is likely to continue even in 2016. According to Technology Business Research, big data will lead to tremendous cloud growth; Revenues for top 50 public cloud providers shot up from 47% in the last quarter of 2013 to 6.2 billion" Applications will be designed to discover self improvement strategies as a new breed of log and machine data analytics, at the cloud layer, using predictive algorithms, enables; continuous improvement, continuous integration and continuous deployment.