We live in the data age where the buzzwords are digital transformation, where unstructured digital data is doubling each year, and where Artificial Intelligence is going to provide the panacea for all our data ills.
The Data Revolution – Digital Transformation and Big Data
Although it is hard to be aware of it in the eye of the storm, we are currently undergoing a fourth industrial revolution, centred around data. The last industrial revolution from the 1970’s brought us many of the things that we are familiar with today. Efficiency improvements in the storage, access and analysis of data is what is fuelling the fourth industrial revolution and includes industry changing technology such as Artificial Intelligence (AI) and the Internet of Things (IOT).
If Data is the new oil then metadata is the refiner
Data, data everywhere….and then……what ?
That is the issue with digital data. As digital data doubles very year it leads to vast quantities of unstructured data as employees create office documents, PDF’s, videos etc. Searching and classifying this data however presents a challenge particularly as the data within companies is spread across a multitude of on-cloud and on-premises systems and is simply not joined up.