With a new year right around the corner comes new digital initiatives to look forward to. At the rate technology has progressed, and continues to progress, 2019 will be defined by the companies that make big, but strategic bets on digital business transformation initiatives to enhance operational efficiencies. Organization leaders need to learn quickly about which trend(s) will be beneficial to their operations, understand those trends thoroughly, and execute. To help you get started, here are a few digital trends set to take the main stage in 2019.

  1. Big Bets on Digital

To align with corporate performance goals for the new year, companies will seek to make the big decisions on digital that can help accelerate business growth. This starts with a strong strategy put together by the CEO, CIO/CDO/CTO, CFO, and other functional leaders, and is supported by employees that are personally willing to learn and grow. By focusing on true digital business transformation and having the endurance to see those initiatives through, companies will be relevant and resonant in today’s digital age, and will reap the benefits of being so.

  1. Next-Gen IoT

With the emergence of smart devices over the last few years, 2019 will see companies bring “smart” to the workplace. Industrial IoT has already taken over numerous industries, and IoT, overall, will be a driving force behind the next-gen platforms companies decide to implement. This advancement will enable more in-depth analysis of large-scale market data and will unravel the valuable, multidimensional correlations that can give insight into more appropriate business actions and outcomes.

  1. The Disappearance of the Data Center

With everything moving to the cloud, an in-house data center has become less important for companies. For purposes of cost- and time-efficiencies, companies moving to the cloud have more resources to spend on their core competencies while cloud providers take care of locality services and bandwidth provisions. As companies continue to migrate bits of their business to the cloud, expect to see data center lose its floorspace in the modern workplace.

  1. Cloud Disruption

While the cloud has been a valuable means for massive data storage and sharing, companies are beginning to move past the cloud with new-age technologies. Decentralized, event-driven setups, such as blockchain, and serverless architectures will dominate the market. The companies that leverage these new tools and apply them to their operations will have the leading edge going into the new decade.

  1. Information Enlightenment

Making the most of your data assets has always been of the utmost importance. In 2019, however, that won’t just be a demand; it will be an outright expectation. Companies skilled in aggregating, analyzing, and using their data the right way will put that data to use through Artificial Intelligence and Machine Learning. With the right combination of business acumen and technological finesse, these companies will improve existing service offerings and possibly even create new sources of revenue.

  1. Better Customer Experiences

At the end of the day, it’s all about being remembered by your customers for something great. Given the new, stringent data privacy laws throughout the world, companies need to re-evaluate their digital strategy to create safe, meaningful experiences for their customers. By implementing strong cybersecurity and analytics practices, companies will be able to deliver more secure experiences that lead to better interactions with customers. This is a key success factor in tomorrow’s business world where the gap between the physical and the digital must be bridged effectively to develop unique, last impressions in the minds of customers, globally.

Companies, small and large alike, will be fighting for a significant share of tomorrow’s digital opportunities – a big part of establishing dominance in the era of next-gen. Mastech Digital – a digital transformation services company specializing in the creation and success of future-ready enterprises – is leading the charge with strong in-house capabilities in leading technologies as well as an industry-recognized practice that provides rare, highly-skilled individuals capable of taking your organization to the next level. Make 2019 the year your enterprise not only digitally transforms, but elevates.

 

Mike-Bryan
Mike Bryan
SVP & Head – Direct Sales



What is “digital learning”? Most people in the industry define it as “learning at work”, and workplace learning is what we are all about in the Digital Learning Services part of Mastech Digital. We work with our clients on a daily basis to provide learning experiences that are relevant and easily accessed by clients’ employees while they are on the job. Two major factors are affecting the impact this effort has today and in the not-too-distant future.

The first factor is the distribution of workforces on several levels. On a global level, many of our clients are multinational companies and operate seamlessly in facilities spread around the globe. Corporate learning has had to adapt to that kind of operating environment, and many corporate universities with brick-and-mortar facilities have become primarily “virtual” universities. On a local level, we’ve experienced a trend toward more and more employees working remotely, at least part of the time. A recent Gallup survey showed that 43 percent of employed Americans said they spent at least some time working remotely. This includes employees who work from home offices as well as sales representatives and service technicians who spend most of their time on the road. Digital learning reaches these employees wherever they are with skill development, leadership development, compliance training, and other essential topics.

The second factor is the digital transformation of the workplace. Many experts say that we are on the verge of a workplace transformation unprecedented since the introduction of computers. Continuing advances in robotics and Artificial Intelligence will automate more and more jobs. An Oxford University study determined that 50 percent of today’s jobs worldwide could be automated by 2025, and the American Academy for the Advancement of Science estimates that 50 percent of American jobs could be lost to automation as early as 2030. But along with the loss of jobs to automation will come a growth in different kinds of jobs, particularly technology-oriented jobs. Finding people with the right skills to fill those jobs in the future will be a major challenge for many companies in the future. The supply of people with the right skills will probably not be able to meet the need. Companies looking to transform their technology and business processes need to be critically concerned with transforming their current employee populations and developing new skills in them. Digital learning can help with that transformation too by upgrading the skill of employees in small, easily digestible chunks while on the job.

Although it’s hard to predict exactly what skills employees will need to develop in the next ten years, companies can start future-proofing their employees by training them to be more adaptive and develop skill that resist automation. These include critical thinking skills, complex problem solving, design thinking, creativity and innovation, and change acceptance. When specific skill needs do evolve, employees will be ready, and Mastech Digital – a leading Digital Transformation services company with a robust Digital Learning practice – can help transfer those specific skills too.

 

Consultant-James-Wallace
James Wallace

Consultant Manager



Overview

Big data analytics is the process of analyzing huge and fluctuated informational collections – collections that can reveal shrouded designs, obscure connections, advertised patterns, client inclinations, and other valuable data that can create associations to facilitate more-educated business choices. Speed and efficiency are some of the new benefits that are offered by big data. A few years ago, it was impossible to process a huge amount of data in a short span of time, but with real-time analytics, businesses can quickly and easily identify insights for immediate decisions and more effective digital business transformation. The capacity to work quicker and remain deft gives organizations an aggressive edge they didn’t have previously.

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Why Real-Time Analytics?

With real-time big data analytics, it is possible to process data as it arrives and provide insights about the data instantaneously. It helps businesses conduct more effective marketing campaigns, discover new revenue opportunities, improve customer service delivery, enable more efficient operations, and gain a competitive edge. Companies implement real-time big data analytics because they want to make more informed business decisions.

Traditional business intelligence queries answered basic questions about business operations and performance. Big data analytics, on the other hand, uses complex applications powered by high-performance analytics systems. Streaming analytics applications are also becoming common in the big data environment as organizations need real-time analytics on data fed into Hadoop systems. Of late, big data analytics has started adopting the concept of a Hadoop data lake that serves as the primary repository for incoming streams of raw data. This provides the facility to directly analyze the data in a Hadoop cluster or run it all through a processing engine like Apache Spark.

What is Spark? And Why Use It?

Spark is a broadly useful and extremely quick group figuring framework. It is the future of big data analytics. Earlier, with Hadoop MapReduce, it was conceivable to break down the colossal measure of information that was available at that point, but Spark offers a way to analyze fresh streaming data and is faster than MapReduce. Apache Spark has plainly turned into the successor to Hadoop MapReduce for investigative and machine learning tasks at hand because of Spark’s convenience and in-memory execution.

Where is Real-Time Big Data Analytics Being Utilized?

Real-time big data analytics is being used in the following industries:

Real-Time Big Data Analytics

Advantage of Real-Time Analytics

An organization has the opportunity to reap numerous benefits by employing real-time big data analytics. The following are just a few of those benefits:

  • Real-time insights can help organizations correct their mistakes quickly
  • It can help organizations stay one step ahead of the competitions
  • Organizations can provide quick suggestions in real-time that can help in customer retention
  • Real-time fraud detection can help in avoiding huge loses
  • Even though the initial cost of a real-time system is high, it will prove to be a substantial cost-saving in long run

Conclusion

The real challenge with real-time big data analytics is coming up with the right combination of technologies and to integrate them to build a complete and effective system that is fast and gives accurate results. There are many solutions available for this problem, which have proved themselves effective and reliable. Mastech InfoTrellis – the Data and Analytics business unit of Mastech Digital – is at the forefront of making these solutions a reality for leading organizations.

Start running on real-time today. Start running with Mastech InfoTrellis.

 

Garima_Jain
Garima Jain
Technical Consultant, Mastech InfoTrellis