Data trends for 2022/2023

Big data analytics is a crucial resource for any enterprise looking to refine their business processes and take advantage of their data analysis. Here are three key big data trends you should know going into 2023.

Most notably, businesses are innovating faster and riding the digital wave trend before they get left behind. Around 50% of companies plan to increase their social media data, and 30% plan to monetize their data through the provision of their digital platform.

Companies that use data to their advantage and adapt their business operations will see great results, especially navigating through the challenges and outcomes of the pandemic.

References:

Jay, Allan. “11 Big Data Trends for 2022/2023: Current Predictions You Should Know.” Financesonline.com, FinancesOnline.com, 14 Jan. 2022, https://financesonline.com/big-data-trends/.