Data And Analytics Trends In 2023

#DataAnalytics?#AugmentedAnalytics?#DataOps?#DataCleanRooms?#SyntheticDataGeneration?#DataMesh?#DataAsAService

Get ready for the future of data analytics! In 2023, we'll see a rise in data as a service, where companies share their data, models, and insights with others in the industry through SaaS platforms.

Augmented analytics, which uses machine learning and natural language processing to generate reports, will give business users instant insights from data lakes. Data operations (DataOps) and observability, which apply Agile development principles to data management, will become essential for data-centric organizations.

Data clean rooms will be more widely used, where sensitive data is shared with third parties while maintaining compliance and competitive advantage. As privacy concerns grow, there will be greater demand for synthetic or artificially produced data.

Finally, the concept of a data mesh, where multiple business lines share and benefit from each other's data, will continue to gain popularity. Keep an eye out for these trends in 2023!

Source: https://www.forbes.com/sites/forbestechcouncil/2022/12/15/key-data-and-analytics-trends-to-watch-in-2023/?sh=583fe79c629b