2024's Predominant Technology Trend? The Cloud
DATAVERSITY, Friday, February 23rd, 2024
As AI becomes an integral part of business processes and strategic planning, organizations have increasingly based their data strategies around its capabilities. Businesses are generating more data than ever from sources like IoT sensors, customer transactions, social media, and more; managing and extracting value from this explosion of big data has become a key priority. Rather than an add-on, novelty, or 'next shiny thing' to explore, AI is shaping the core of how organizations approach and leverage data.
AI algorithms and apps couldn't do their jobs without access to large volumes of data necessary for identifying patterns and insights. Enter cloud computing, whose scalability and flexibility provide the infrastructure needed to store the massive datasets AI requires. The on-demand access to computing power allows organizations to run complex AI algorithms and machine learning (ML) models rapidly on their data. The cloud also facilitates data sharing across organizations and with external partners.