| | August 20178CIOReviewBig data is witnessing the same revolution like that of smartphones--it has gone mainstream. For a teenager, using Google Analytics to monitor the popularity of the product they are interested in is as easy as checking the Facebook status. This shift is propelled by big data's change in stance. The technology which just gave the information that the businesses wanted, is now letting them know what they can do with the information. The existing environment is propelling big data innovations. For instance, the technology has made deep learning, a subset of artificial intelligence (AI), a reality. This, in turn, is emerging as the hottest tech trend with tech giants including Google, Facebook, Amazon, IBM, Intel, and Microsoft releasing open AI hardware and software to the masses. The growing interest and investments in AI will lead to the emergence of innovative tools that will offer productivity gains to businesses in new ways.With big data assuming greater role play in the way organizations carry out their business operations, IDC predicts big data and business analytics market to hit $203 billion by the year 2020, up from $130.1 billion in 2016. According to the report, about 50 percent of the big data market growth will be driven by banking, discrete manufacturing, process manufacturing, federal/central government, and professional services. While the market figures speak positive about big data adoption, a Harvard Business Review report says the majority of businesses are "nowhere close" to recognizing the true value of big data. The reasons include lack of vision, communication and a robust strategy. However, the good news is that there are promising big data solutions providers who are educating clients and helping them assemble/re-assemble their big data investments to unleash the true potential of this technology. Our goal with this special edition is to highlight the best-of-breed big data solution providers like Innominds who are steering a new big data paradigm--a transformation to business-first approach rather than data-first--for supporting the modern, agile enterprises. This edition also blends thought leadership from subject matter experts with real stories on what selected vendors are doing for their clients, including exclusive insights from CIOs and CXOs.Write us your thoughts.Jeevan George Managing Editoreditor@cioreview.comCopyright © 2017 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.CIOReviewAUGUST - 30 - 2017Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 AUGUST - 30 - 2017, Vol 06 SE 84 Published by ValleyMedia Inc.To subscribe to CIOReviewVisit www.cioreview.com BIG DATA SPECIALCIOReviewEditorial StaffSalesT: 510.565.7564Carolynn WaltersKyle SummersRussell ThomasSarah FernandesSam EricssonShashikanth PeetlaStephen Thomas stephen.thomas@cioreview.comSebastian Jacobsebastian@cioreview.comVisualizersDavid JohnAjay K DasManaging EditorJeevan GeorgeEditorialThe New Paradigm*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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