The ability to create a competitive edge from the data is important

It is true that customer data can give you unbeatable opportunities. The more customers you have, the more data you can gather. We live in the data era, characterized by an explosion of data sources and the race to collect data — both from us and about us — and innovations in analytics and artificial intelligence that help us extract more value from data. By 2025, most of this data will be processed outside a traditional data center or cloud. The ultimate goal is to generate new business insights and move toward becoming a data-driven organization. Edge will be an important factor in making this happen. IDC predicts that by 2024, due to an explosion of edge data, 65% of the G2000 will embed edge-first data stewardship, security and network practices into data protection plans to integrate edge data into relevant processes. Going with this notion, we anticipate that the entire data management ecosystem will develop and utilize edge IT capacity at the ingress and egress of their data pipelines, and remotely process and digest data on the edge. Edge solutions will become the most feasible option for real-time data processing and for harnessing data-driven insights at or near the source of data generation. This is very significant as it means a shift of focus on many fronts. Organizations will have to consider what data to capture at its edge locations — such as branches for banks and stores for retailers. They will have to frame a seamless ecosystem with the right infrastructure to host the data, the right place to run it, the right applications to analyze the data and, most importantly, the right process to manage and secure these remote edge locations.

The Government is using data analytics that helps governments focus more on preventing problems instead of just reacting to them. When we see the core sectors like retail, which is an essential sector, the use of video analytics and computer vision has made it feasible to collect insights on customer behaviou

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