Automation, Prescriptive Analytics, and Stronger Security in our ever-connected digital era
For many analysts, emerging technologies including machine learning, AI, Automation, Prescriptive Analytics, to name a few are expected to
revolutionize the industries at each level in the near future.
Task
automation will increase as data analysis becomes more sophisticated and creative.
Automation will allow employees to focus on more complex work that cannot be
carried out by a computer, and will reduce overall production and operation
times.
Prescriptive
analytics recommends the best course of action based on many different factors and
objects rather than just estimating how something will perform. Prescriptive
analytics goes beyond the realm of predictive analytics and is more
cost-effective and efficient.
Security will undergo new innovations as the Internet of Things and big
data continue to evolve and their potential security threats and issues are
realized. Organizations are now analyzing, collecting, and transferring more
data than ever before, necessitating stronger, more flexible security.
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