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Many firms set to shift from big to small and wide data

AI can use less data and extract more context, for better business results, Gartner believes. ....

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After big data, get ready for small and wide data


May 20, 2021
Gartner predicts that by 2025, 70% of organisations will shift their focus from big to small and wide data, providing more context for analytics and making artificial intelligence (AI) less data hungry.
“Disruptions such as the Covid-19 pandemic is causing historical data that reflects past conditions to quickly become obsolete, which is breaking many production AI and machine learning (ML) models,” says Jim Hare, distinguished research vice president at Gartner. “In addition, decision-making by humans and AI has become more complex and demanding, and overly reliant on data hungry deep learning approaches.”
Data and analytics (D&A) leaders need to turn to new analytics techniques knows as “small data” and “wide data”. ....

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