Why It's Vital for Companies to Focus on Data Engineering – TVS Next

With the rapid growth of digitization, it can easily be argued that data has become the most valuable asset in the world. Organizations are steadily moving to insight-driven models, with business decisions, process enhancements, and technology investments all being driven by insights gained from data. Enormous budgets are being spent on trying to make sense of the abundant data available and this is only set to increase. According to a recent IDC report, it is estimated that by 2025 the Global Datasphere will grow to 175 zettabytes (175 trillion gigabytes). It also states that 60% of this data will be created and managed by businesses, driven by the growing reach of Artificial Intelligence (AI), the Internet of Things (IoT), and Machine Learning (ML), among others.