Companies collect a great volume of information that increases day by day. In fact, it is estimated that the volume of data generated worldwide will exceed 180 zetabytes in 2025 and, according to Seagate, that same year 75% of the world’s population will have an interaction that will generate data every 18 seconds, so the volume of information will force businesses to increase their speed of data ingestion and analysis.
Thus, over the next few years Big Data will continue to be one of the key pieces for the development and success of many companies, since the collection of information will help many businesses to improve in aspects such as sales, strategies or labor relations. Nevertheless, the high volume of information will also force companies to use Smart Data tools that allow them to develop an intelligent use of the obtained data. Not all data provides the same value to companies, and in this scenario, the quality of the information will prevail over the amount of stored data.
Now, what is Smart Data? It is designed to be understandable and helpful right from the start, so that it can be acted on swiftly and effectively. The way smart data works is by formatting it in a way that makes it easily understood by human eyes from the start.
What makes “smart data” smart is that the data collection points are intelligent enough to understand the data right away. This allows the device sensor to output human-readable data that is useful before sending that data to a database for storage and/or detailed analysis.