Virtualization and Cloud executives share their predictions for 2016. Read them in this 8th Annual VMblog.com series exclusive.
Contributed by Robert Dutcher, Vice President, Marketing at Skytree
Data Finally Finds a Seat in the Boardroom
It
was a noisy year in the big data space, with every major technology company coming
out with their own artificial intelligence or machine learning offering that
promised to fundamentally change business. This traction in the machine
learning market will allow AI/ML to attain a new level of maturity and enable
these technologies to reach an enterprise-grade status in the coming year. Although enterprises have signed on to the promise of machine learning
and big data projects, rarely did we see the findings put into action in key
business decisions. In 2016, we will see a shift in how big data is approached
by the boardroom, and a deeper understanding of its benefits - and possible
limitations - of machine learning and artificial intelligence tools to the
bottom line.
Machine learning makes its way into the boardroom
As
data scientists overseeing big data projects seek to justify increasing or
sustained spend on the resources and tools used to operate these projects, they
will have to prove to the boardroom that the expense is ultimately improving business
processes. While enterprises are all running their own data projects and understand
their importance, data scientists will be taken to task by their board to show
marked improvement in a process that will outweigh the cost of using a data
analytics tool in production. This will require both data scientists and data
vendors to figure out a way to effectively communicate with business executives
to show value in the work they are doing.
2016
will be the year big data becomes a boardroom topic, as data scientists bring
enhanced visualizations and cost-benefit analysis to the C-suite in a language
they can understand. Bringing machine learning
into the C-suite and involving executives in the decision-making processes will
allow them to make sense of their investments and ultimately make better
data-driven decisions.
Open source machine learning reaches its limits in the
enterprise
Over the past few years, enterprises
have realized that stitching together open source machine learning projects in
hopes of having one cohesive solution is a fool's errand. While the projects
and code themselves may be free, the expense to build and maintain one solution
with multiple open source projects is exorbitant, while the value from results
are minimal. This year, enterprises will turn to enterprise-grade solutions to
meet their business needs. This will give them greater functionality,
flexibility and lower total cost of ownership. Data scientists who have been
managing multiple open source solutions to try to run a machine learning project
will favor one solution that is able to handle all aspects of the data science
process and the ever-growing amount of data in need of analysis.
Machine learning projects in Internet of Things will
move from the laboratories to production environments
Internet of Things (IoT) has
been the buzz phrase of the past several years, but most IoT initiatives are currently
in the form of PowerPoint slides, or tucked away in some dark laboratory. We
are well aware that machine sensors are communicating with each other at a mass
scale given all of the smart devices introduced into the market, but we have
yet to see much actionable insights coming out of IoT initiatives. Few projects
have yet to materialize in production and even fewer are producing measurable
results.
As the IoT mindset is more
commonplace in organizations and there are supportive executives and
infrastructure, 2016 will bring these projects out of the dark and into full
production. Data scientists will employ machine learning to make use of the
massive amount of data being collected from devices and turn it into a useful
process improvement. As the data collected and models built for machine
learning become more enhanced and accurate, IoT will finally reach its prime
time this year and we will see considerable improvement from projects in
production.
After nearly a decade of hype
around big data and all its promises to the enterprise, we will finally see
these projects make a difference that benefits the bottom line next year. The
space will become less noisy as enterprise-grade offerings are favored over
patchwork open source methods, and the idea of a self-sustaining big data
program materializes. Machine learning will continue to make waves by bringing
some of the most innovative technologies such as IoT to the forefront and we
will finally see it in production.
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About the Author
Robert Dutcher - Vice
President, Marketing at Skytree
Bob has
been a marketing leader in technology for over 20 years. Bob joins Skytree from
Apigee, where he served as Vice President of Marketing. He has deep domain expertise
in data, Business Intelligence and Advanced Analytics and has held leadership
roles in the leading BI and analytics companies, including Oracle, Business
Objects, SPSS and Moody's Analytics. Bob's extensive domestic and international
leadership experience spans the globe, where he has focused on building and
managing high impact cross-geographic marketing teams.
Bob holds
a B.S. in Physics and M.S. in Astronautical Engineering.