Data Management Trends To Watch Out For In 2019

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Data Management Trends To Watch Out For In 2019
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Data Silos Will Continue To Grow
Some years ago, when Hadoop was in vogue, all
the talk revolved around consolidation of
information assets. Organizations started
believing that they can consolidate all their
assets for all kinds of transactional and
analytical platforms. However, that belief never
turned to reality in most instances. All the
different databases whether they are relational,
graph or time-series based, have their own
advantages. Adopting a one-size-fits-all approach
and combining everything into a single data lake
does not allow businesses to harness the
potential of each database effectively. It can,
therefore, be safely assumed that data silos will
continue to grow this year.
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Analytics Usage Will Become More Prevalent One
of the biggest reasons that all enterprises are
moving towards a data-centric approach is the
insight their information assets provide into
different business aspects. Analytics tools are a
vital part of any information management scheme
as they enable companies to make informed
decisions. Businesses are increasingly looking to
provide personalized experiences to their
audiences. This cannot be possible without tools
which give them real-time insights into customer
behavior. Studies indicate that the audiences in
most verticals respond favorably to personalized
messages. Corporations will look to empower
themselves with better and faster tools which
provide them with valuable input quickly.
Analytics will remain a key component of all
information-handling frameworks.
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Data Management Strategy
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More Enterprises Will Adopt Data
GovernanceEnterprises striving to improve their
performance are uncovering new data sources as
well as types at a rapid pace. The increased
usage of self-service analytics tools has led to
a rise in the creation of insights which cannot
be easily linked to their respective primary, raw
data sets. Moreover, the implementation of
privacy laws like the European Unions GDPR has
made it necessary for businesses to secure their
information assets from breaching. All these
factors indicate that data governance will become
more important for organizations this year. They
will be investing in building monitoring
mechanisms to effectively govern the entire
lifecycle of their assets.
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