Our Top 2020 Data Trends

With every new year comes exciting new updates and trends to the technological world around us! We at ExactData are excited about many trends and future advancements to come, but here are five that we're excited about in particular!

1) Advancement of AI and Mobile Intelligence
It's no secret that AI and mobile intelligence are evolving everyday. We see growth in both of these departments to no end, where things like facial recognition, fingerprint, voice, and eyes scans are all becoming more of a reliable reality! This is seen through many of the innovations of Apple, Samsung, and Google have brought to the table, but also through other fields of data science as well!

2) Automation and Innovation
When one thinks of automation and innovation, jobs and mundane tasks are often the first things thought of. How is data being innovated or automated you may ask? Well being able to derive data in faster response rates, being able to generate, switch, and use data for test purposes on the fly for exact results seems innovative to us! This innovation can be traced to artificial intelligence as well through pattern recognition, GPS sensors, self-driving cars, and more!

3) Cloud Computing and Cyber Security
Cloud computing is becoming more distributed, meaning the origin of the cloud can distribute services to other locations while operating fully in effect from one area. ​Server updates, latency checks, and bandwidth fixes are becoming quicker every year which not only affects the cloud and its functions but can also be used to stop breaches, glitches, and hackers right in their tracks as soon as they get into the system.

4) Financial Patterns and Recognition
Recognizing financial data patterns through data has been historically tricky due to the immense analytical prowess and and observational skills that could be needed. AI and statistical learning developments however can be trained to pick up these patterns more quickly than ever before, and with less error too. Financial analytics and trend recognition will certainly see upgrades in the upcoming year, especially with more variables such as cryptocurrency coming into play.

5) Accessibility and Privacy
Accessibility and privacy for data files come hand in hand; by making something more accessible you also have the means to make it more restricted. Added levels of security for data can come in many different forms; test data, artificial data, cloud computing, advanced machine learning, more advanced security protocols and more. The rule of thumb is to keep everything private that you may need for later so that nobody else can take or modify it.

While there are so many trends we believe to be up and coming in the world of data, these were just some of the few we believe to be relevant to both the industry and general public as a whole.