December, 20206 The big data industry currently stands at a net worth of $189 billion, and this number is slated to reach $247 billion by 2022 as more industries adopt the technology. With the advent of digitization and networking, enterprises produce and possess large volumes of data, which could be game-changing when used effectively. In the light of the pandemic and the unprecedented market shifts, companies require an increasing velocity of data analytics to survive in the post-pandemic market. Industry leaders are deploying technologies like artificial intelligence, machine learning, and natural language processing to big data platforms for faster decision making and to recognize the ongoing and upcoming trends more effectively. Data analytics combined with artificial intelligence will help proactively predict, prepare, and respond to a global crisis and its aftermath. AI practices like reinforcement learning and distributed intelligence are creating adaptable and flexible systems to handle complicated business situations. As users shift to in-context data stories, organizations are harnessing the power of technologies such as augmented analytics, NLP, and business intelligence tools to offer content and solutions to users based on the context, role, or use. With decision intelligence, leaders will be able to create a framework to design, compose, and align decision models along the lines of business outcomes and customer behaviors. Big data has become a key approach for organizations to attain a competitive advantage and accomplish goals. As a technology with extensive applications across different industry verticals, big data not only enhances organizational performance but improves the economy as a whole. On that note, this edition features some of the leading-edge big data solution providers who are at the forefront of business innovation. Annie JohnsonEditorialUnleashing the Power of Big DataAnnie JohnsonManaging Editoreditor@apacciooutlook.comTo subscribe to APACCIOOutlookVisit www.apacciooutlook.comArt & GraphicsAmelia StewartJohn GothamToby LangtonJie Ch'angManaging EditorAnnie JohnsonSenior WritersLane Adams Clara MathewRoyce D'SouzaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowDai ShihDan StanleyCopyright © 2020 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.DECEMBER - 05 - 2020, Volume 06 - Issue - 43 (ISSN 2644-2876)Published by ValleyMedia Inc.*"Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff"Emailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comSalesJames Williamjames.william@apacciooutlook.com
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