As we enter into a new year, it’s always a good idea to take a step back and reflect on where we’ve been and where we’re going. There have been some exciting developments in the world of enterprise data management (EDT) in 2023, particularly with the rise of generative AI technologies.
This technology has completely changed the game when it comes to how businesses handle data management and usage. From data management to the data cloud sector to data protection and governance, we’ve seen major advancements in EDT over the past year.
One of the most exciting things has been the integration of AI and machine learning into data management platforms. This has led to more comprehensive data analysis and insight into business operations.
Large tech companies like Salesforce, Google, and IBM have been leading the charge in developing AI-powered data cloud platforms. These platforms can handle vast amounts of data more efficiently than ever before, providing valuable insights that were previously unattainable.
At the same time, there has been a major focus on automating data protection and governance processes. With the rise in data breaches and cyberattacks, it’s more important than ever to ensure data security and compliance. AI-driven systems have become increasingly adept at monitoring data usage and identifying potential security issues, making them a valuable tool in the fight against cybersecurity threats.
Database technology has also seen significant advancements due to the integration of AI and machine learning. For example, Oracle’s Database 23c features AI Vector Search, which simplifies interactions with data by using ML to identify similar objects in datasets.
Overall, the rise of generative AI technologies in 2023 has led to some exciting developments in the world of enterprise data management. As we move into 2024, it will be interesting to see how these technologies continue to evolve and shape the future of data management.