A walk down memory lane to relive the buzzwords which defined the future of data and analytics. How much progress has your organization made down the boulevard of buzzword path?
2010
Big Data: Refers to extremely large datasets that may be analyzed computationally to reveal patterns, trends, and associations.
Data Mining: The process of discovering patterns and knowledge from large amounts of data.
2011
NoSQL: A type of database design that provides flexible schemas for the storage and retrieval of data.
Hadoop: An open-source framework for storing data and running applications on clusters of commodity hardware.
2012
Data Scientist: A role that involves using scientific methods, processes, algorithms, and systems to extract insights from data.
Predictive Analytics: Techniques that use historical data to predict future outcomes.
2013
Machine Learning: A subset of artificial intelligence involving the development of algorithms that allow computers to learn from and make predictions based on data.
Real-Time Data: Data that is delivered immediately after collection without delay.
2014
Data Lake: A storage repository that holds a vast amount of raw data in its native format.
Self-Service BI: Tools that enable business users to access and work with corporate data even if they do not have a background in statistical analysis or data mining.
2015
Data Governance: The management of data availability, usability, integrity, and security in enterprise systems.
2016
Deep Learning: A subset of machine learning involving neural networks with many layers.
2017
Augmented Analytics: The use of machine learning and natural language processing to automate data preparation, insight generation, and insight explanation.
2018
Blockchain: A decentralized ledger of all transactions across a network.
2019
Data Fabric: An architecture and set of data services that provide consistent capabilities across a choice of endpoints spanning hybrid multicloud environments.
2020
Cloud Data Platform: Platforms that provide comprehensive solutions for managing data storage, processing, and analytics in the cloud.
2021
DataOps: A collaborative data management practice focused on improving the communication, integration, and automation of data flows between data managers and data consumers across an organization.
2022
Federated Learning: An ML technique that trains an algorithm across multiple decentralized edge devices or servers holding local data samples.
2023
Data Mesh: A decentralized approach to data architecture, emphasizing domain-oriented ownership and self-serve data infrastructure.
2024
Generative AI: AI systems which can generate new data similar to the data they were trained on, including text, images, and other content.
Management buzzwords are like cotton candy, they taste good for a moment, then they evaporate. - Stephen Covey.
Translate buzzwords into action! Data talks. Zeed listens.
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