1. Market Research
  2. > Advanced IT Market Trends
Seg24  Had Enough Hype? Some Straight Talk about AI, Machine Learning, and Big Data

Seg24 Had Enough Hype? Some Straight Talk about AI, Machine Learning, and Big Data

  • December 2015
  • 9 pages
  • ID: 3471857
  • Format: PDF

Summary

Table of Contents

By 2025, the combined value of IoT technologies could reach more than $6 trillion. So, it would seem imperative that the market understand what Big Data, AI, and machine learning are, and how they can work together. This Stratecast report briefly discusses exactly that, and presents results that a growing number of organizations are achieving, and are gearing up to achieve, by harnessing their combined power.

Introduction
“What does Big Data really mean? We hate that term and refuse to use it.” The author of this report
heard that directly from a company just the other day, and it is a familiar refrain in many such
conversations. It is true that the market for Big Data and analytics (BDA) solutions has seen more
than its share of hyperbole. For example, a burning question in the industry seems to be: How many
V’s does it take to define a technology? In the BDA market, many believe it takes three:
• Volume – the vast amount of data being generated today.
• Velocity - the speed at which new data is generated and distributed.
• Variety – the different types of data that now exist: structured data that fits neatly into tables
and relational databases (RDBs), such as customer records; unstructured data, which
emanates from online and mobile sources, and cannot be managed by an RDB; and semistructured,
which includes things such as email, corporate documents, and XML files.
Others see a fourth “V”: Veracity, which is about the accuracy of the data, and how confident users
are that they can trust and base decisions on it. Still others see a fifth V: leveraging data to drive
Value.
It is hoped that those who loathe the relentless pace of technology industry hype figuratively
buckled up their intellectual seatbelts over the past months, because the emergence of two
other technologies has only served to add to and accelerate the hype around Big Data. These two
accelerators of both technology and hyperbole are artificial intelligence (AI) and machine
learning. To those seeking kernels of truth that define Big Data, the picture is only clouded further
by assertions such as these:
1. “Big Data is the new AI.” The notion is that the idea behind AI was to figure out how
people do what they do, program computers to do it, and thereby replace humans with
computers. The notion says: the movement failed; and Big Data will now succeed where AI
failed by (at long last) enabling computers to do what humans cannot.
2. “Machine learning is the next generation of Big Data.” The idea here is that Big Data
solutions analyze past experiences to deal with unfamiliar situations and predict future
events—but that machine learning will duplicate this on a massive scale, superseding the
impact of Big Data; and that machine learning will become core to every application.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Turning Big Data to Smart Data: Emerging Opportunities

Turning Big Data to Smart Data: Emerging Opportunities

  • $ 4950
  • December 2018

Businesses Tapping the Intelligence Out of Big DataSmart Data is generated by filtering out noise from Big Data generated from various sources such as media, business transactions, Internet of Things (IoT), ...

Global Big Data Security Market, By Component, By Software, By Service, By Deployment - Forecast 2023

Global Big Data Security Market, By Component, By Software, By Service, By Deployment - Forecast 2023

  • $ 4450
  • February 2019

Introduction Big data analytics refers to a process that is used when traditional data mining and handling techniques cannot uncover the insights and meaning of the underlying data. Data that is unstructured ...

From Cottage Industry to the Production Line: Productivity Tools for Machine Learning

From Cottage Industry to the Production Line: Productivity Tools for Machine Learning

  • $ 4104
  • March 2019

Long viewed as troublesome prelude to modelling, data engineering increasingly is becoming the essential component for developing an effective machine learning and data science capability. Therefore, not ...

Turkey Retail Industry Outlook $ 4104 January 2019


ref:plp2015

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on