What are the important issues for you related to the collection and processing of large information sets in Big Data database systems?

The current technological revolution known as Industry 4.0 is motivated by the development of the following factors:

- Big Data database technologies,

- cloud computing,

- machine learning,

- Internet of Things,

- artificial intelligence.

On the basis of the development of the new technological solutions mentioned in recent years, the processes of innovatively organized analyzes of large collections of information collected in Big Data database systems dynamically develop.

In my opinion, the fastest-growing business projects are primarily those that are the subject of innovative startups developing dynamically for a minimum period of several years. Startups develop innovative business projects in such areas as: information technology, ICT, Internet, biotechnology, energy, ecology, environmental protection, medicine, agribusiness, etc. In addition, a number of innovative technologies in construction, material, process and marketing innovations have recently been created in the field of smart city, life science, cleantech, medical intelligence and others that are used by companies and corporations operating in various sectors of the national or international economy.

In addition, innovative business projects are also developed in the fields of various fields of information services, advanced data processing, business analytics and the development of teleiform technologies, which together are the pillars of a knowledge-based economy. The current technological revolution known as Industry 4.0 is motivated by the development of the following factors:

Big Data database technologies, cloud computing, machine learning, Internet of Things, artificial intelligence. It is anticipated that in the next years in these fields of science and technology many large startups will be created, which will be developed effectively based on innovative business projects related to the topics mentioned above. On the basis of the development of the new technological solutions mentioned in recent years, the processes of innovatively organized analyzes of large information collections gathered in Big Data database systems dynamically develop.

In each of these areas, many specific design topics can be distinguished, in which business startups develop and reach the minimum level of a medium-sized company or large corporation in a situation of spectacular business success based on a well-designed business and an effectively implemented innovative business project.

What other technological improvements, innovative organizational, technical and IT solutions will be developed in the future based on the development of the above-mentioned factors?

Will the development of data mining technology, machine learning, artificial intelligence, Big Data data analysis, etc. develop new branches of the knowledge-based economy or only make use of these technologies in already existing branches, sectors of currently developing economies?

In view of the above, I am asking you: What are the important issues for you related to the collection and processing of large information sets in Big Data database systems?

Please reply

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I invite you to discussion and cooperation.

Best wishes

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