Inside Big Data – The only constant is change

23 Dec. 2021 Inside Big Date - The only constant is change The world has entered a new age where everyone and everything with a digital presence generates data. Technology is helping companies use data to deliver products and services that make life more convenient, and that's becoming increasingly valuable. The online big data trend has only been accelerated with Covid-19 due to everyone spending months at a time on the couch at home with just a computer for company. Big data is mostly human generated. 40 exabytes of data is produced every month by a single smartphone user. The current estimate on the number of smartphone users in the world is 10.47 billion connections which is approximately a couple of billion more than the population of the world! Forrester forecast "mobile's share in US online retail and travel commerce will increase from 36% in 2018 to 45% in 2024". Deloitte's report for Facebook back in 2017 was already describing the amount of data being generated by individuals through these interactions as "expanding exponentially as a result." According to Big Data Industry Predictions for 2022 from Inside Big Data, 'A big change in 2022 will be—change. Data will change faster and more frequently than ever before.  It will no longer be acceptable to analyze massive amounts of static data once per month, once per week, or even once per day. Organizations will need to glean insights from streaming data in real time to find new patterns and discover and act on them.' Here are some companies that we think will be keeping up with the change in 2022. Splunk Inc. (NASDAQ: SPLK) produces software for searching, monitoring, and analyzing machine-generated data. Splunk technology is designed to investigate, monitor, analyze and act on data at any scale. Splunk uses machine data for identifying data patterns, providing metrics, diagnosing problems and providing intelligence for business operations. Splunk formed a business group with Accenture to maximize insights from data, with a focus on AI-powered IT operations, security automation, and intelligent supply chain. They collaborated with Australia-based Coles Supermarkets to design and develop a solution using the Splunk platform to better manage supply chain disruptions. A jointly developed control tower monitoring solution syncs critical data – such as sales reporting from store registers, inventory levels at distribution centers, and available in-store stock. Wikisoft Corp. (OTCQB:WSFT) is a Big Data company which aims to help companies of any size tap into the benefits of Big Data. The company is constantly updating massive datasets of business data and providing it in user-friendly chunks of data about global companies and world-wide professionals to empower small to large enterprises take the best business decisions. The C-level suite has the perfect balance of industry leading entrepreneurial skills from Carsten Falk, the former Domino's CEO who took over as CEO in 2021 and Paul Quintal an internet veteran with an entrepreneurial spirit and a passion for brand building, content creation, and creative execution. Since just over a year ago Wikisoft has managed to launch an investor site (wikisoft.com) and relaunch its first business platform (wikiprofile.com). Following that the company entered into a Common Stock Purchase Agreement with White Lion Capital LLC of $20M and upgraded to OTCQB. Elastic N.V. (NYSE:ESTC) is a search company built on a free and open heritage. Shay Banon was looking for a job while his wife attended cooking school at Le Cordon Bleu. In his spare time, he started building a search engine for her growing list of recipes. Elasticsearch became one of the most popular scalable, open source, Lucene-based search engines. It runs the search tool on some big sites including Wikipedia, Yelp, and eBay. It has also diversified beyond straight search into analytics, security, and monitoring to deliver an integrated platform called Elastic Stack. Its portfolio includes Elasticsearch, Logstash, Kibana, and Beats that offer features like security, monitoring and alerting, reporting, graph database, and machine learning functionality. Elastic offers three solutions for enterprise search, observability, and security, built on one technology stack. Where can securities, including OTC securities be bought? All the stocks are traded on the major online broker platforms. These online brokers allow OTC trades:   Fidelity E*trade Webull TD Ameritrade Charles Schwab TradeStation Interactive Brokers    © 2021 Stock market news

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