As Deloitte has put it, data is “the new gold.” Innovative IoT (internet of things) devices seem to arrive on the market daily, and the amount of data generated by these devices is exploding. Data holds massive power, and when utilized correctly, it can be extremely valuable for enterprises—both for improving business operations, and for improving IT operations. However, getting to that place where data is useful is a journey.
We see AI all around us and interact with it daily. As more and more enterprises figure out how to harness the data in their systems, the process is becoming increasingly easier and simpler. Data collection is the first part of the journey and is reasonably straightforward. But once we have collected all of the data, what do we do with it? How do we make sense of it all? How do you locate the specific information you are looking for in a data pile that rises as high as the sky?