According to IDC, the worldwide amount of stored data will grow nearly 17% in 2020 to 6.8 zettabytes (ZB), with compound annual growth rate of nearly 18% through 2024. This dramatic growth in data increases the amount of time and money it takes to ingest and manage enterprise-wide data, and this starts to hinder users’ productivity and client satisfaction. But with the rise of artificial intelligence (AI)technology, there are new solutions to combat these problems. AI technology accelerates the pace of data discovery, broadens the range of data that can be leveraged and automates tasks that previously required human expertise. Gartner even states that by the end of 2024,75% of enterprises will shift from piloting to operationalizing AI, driving 5x increase in streaming data and analytics infrastructures.
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