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Apica 2024 Predictions: Soaring Data Volumes and Beyond

vmblog-predictions-2024 

Industry executives and experts share their predictions for 2024.  Read them in this 16th annual VMblog.com series exclusive.

Soaring Data Volumes and Beyond

Written by Jason Haworth

As we look ahead to 2024, it is a fairly obvious prediction that data volumes will continue to rise and there are catalysts aplenty to thank. From global catastrophes, energy conservation efforts, AI and the new ways of digital communication, the amounts of data needing to be managed will reach new highs. We will also see the continuing evolution of AI, uncovering more of its pros but also its cons. Finally, some of the biggest disruptions to our lives throughout the past couple of years will find their permanent place providing more than just flexibility.

The Financial Impact on Data Volumes

Global catastrophes will continue to have an impact on many things. With the ongoing war in Ukraine, Israel and Hamas, tensions between the US and China, COVID resurgences, and global warming, we will see more financial crises, and logistics and supply chains will continue to take hits. There will be less money to spend and it will be important to consolidate the tools and resources we use. This is especially critical as data volumes will continue to soar. When you have overwhelming amounts of data and don't know how to process it, costs rise and time is lost.

Green Energy Means More Data to Manage

We will see increasing energy costs next year, making everything more expensive. These rising costs will further push us towards green energy, motivating the energy sector to evolve and encouraging citizens to evolve. A part of that evolution will be the increasing popularity of electric vehicles, which will be an excellent thing for the environment but a stressor on the power grid. Some refer to electric vehicles as ‘cars that have become computers', which means even more data must be managed. It is said that electric vehicles could generate up to 10 exabytes of data per month, leading to significant ramifications for policymakers, manufacturers and infrastructure in general, as this will be more data than we've ever had to manage before.

AI Increasing Errors and Jobs

AI will continue to boom, and we will see adaptations in almost every area of our lives. While it will undoubtedly make our lives easier in many ways, we will see an uptick in error rates because this technology is only as smart as the language it's been trained on. AI will inevitably replace more people and jobs, but the good news is that it will also create more jobs. In a few years, we will see many autonomous vehicles, essentially cell phones on wheels. With AI, the possibilities are virtually endless, and we are only now starting to explore them.

Virtual Communication Is Here to Stay

While life has returned to normal post-pandemic, virtual communication is here to stay. We will see technology play an even bigger role in our day-to-day lives, from working remote jobs to regularly visiting doctors via telehealth appointments. New devices and routes will continue to emerge as we determine the best ways to collaborate and interact with people worldwide successfully.

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ABOUT THE AUTHOR

Jason Haworth 

Jason leads the product development and Solutions Engineering teams at Apica. As a seasoned technology leader, he is responsible for product improvement, innovation, and the lifecycle of the Apica solutions. He has more than 20 years of experience in performance technologies, where he leads the technical management, software development, security, network and systems administration and engineering functions. Through his work with cloud operators, telcos, and the Fortune 50, he has spent most of his career driving innovation in areas such as IoT, 5G, and Cloud Transformation.

Published Thursday, November 02, 2023 7:31 AM by David Marshall
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