Starburst has offered up the following 2024 Technology Predictions about major developments’ The predictions come from what Justin Borgman, Cofounder and CEO, sees coming in AI/ML, Data & Analytics, Cloud and Storage.
AI / ML
“Companies will prioritize minding the gap between data foundations and AI innovation. There is no AI strategy without a data strategy and companies will need to prioritize closing gaps in their data strategy; specifically, the foundational elements of more efficiently accessing more accurate data securely.”
Data & Analytics
“Two hot topics, data products & data sharing, will converge in 2024. Data sharing was already on the rise as companies sought to uncover monetization opportunities, but a refined method to curate the shared experience was still missing. As the lasting legacy of data mesh hype, data products will emerge as that method. Incorporating Gen AI features to streamline data product creation and enable seamless sharing of these products marks the pivotal trifecta moving data value realization forward.”
“Open formats are poised to deal the final blow to the data warehouse model. While many anticipate the data lakehouse model supplanting warehouses, the true disruptors are open formats and data stacks. They free companies from vendor lock-in, a constraint that affects both lakehouse and warehouse architectures.”
Cloud
“Cloudera missed the cloud era. Hadoop lives on and companies are finding more modern solutions, including more efficient on-prem storage, while building connectivity to cloud systems for analytics workloads.”
Storage
“All things make a comeback and on-prem storage is having a resurgence. Companies including Dell have heavily invested in their EMC portfolio. Enterprise customers will continue to recognize that enhancing on-premise storage hardware presents the faster path to mitigating rising cloud expenses. This modernization will allow companies to manage data gravity for on-premise data that cannot be easily relocated, ensuring a more efficient approach.”
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This entry was posted on December 16, 2023 at 8:44 am and is filed under Commentary with tags Starburst. You can follow any responses to this entry through the RSS 2.0 feed.
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Some 2024 Predictions Offered Up By Starburst
Starburst has offered up the following 2024 Technology Predictions about major developments’ The predictions come from what Justin Borgman, Cofounder and CEO, sees coming in AI/ML, Data & Analytics, Cloud and Storage.
AI / ML
“Companies will prioritize minding the gap between data foundations and AI innovation. There is no AI strategy without a data strategy and companies will need to prioritize closing gaps in their data strategy; specifically, the foundational elements of more efficiently accessing more accurate data securely.”
Data & Analytics
“Two hot topics, data products & data sharing, will converge in 2024. Data sharing was already on the rise as companies sought to uncover monetization opportunities, but a refined method to curate the shared experience was still missing. As the lasting legacy of data mesh hype, data products will emerge as that method. Incorporating Gen AI features to streamline data product creation and enable seamless sharing of these products marks the pivotal trifecta moving data value realization forward.”
“Open formats are poised to deal the final blow to the data warehouse model. While many anticipate the data lakehouse model supplanting warehouses, the true disruptors are open formats and data stacks. They free companies from vendor lock-in, a constraint that affects both lakehouse and warehouse architectures.”
Cloud
“Cloudera missed the cloud era. Hadoop lives on and companies are finding more modern solutions, including more efficient on-prem storage, while building connectivity to cloud systems for analytics workloads.”
Storage
“All things make a comeback and on-prem storage is having a resurgence. Companies including Dell have heavily invested in their EMC portfolio. Enterprise customers will continue to recognize that enhancing on-premise storage hardware presents the faster path to mitigating rising cloud expenses. This modernization will allow companies to manage data gravity for on-premise data that cannot be easily relocated, ensuring a more efficient approach.”
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This entry was posted on December 16, 2023 at 8:44 am and is filed under Commentary with tags Starburst. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.