#90 [TECH] Data (engineering) trends in 2024

Well well, as another year prepares to unfold itself, it’s also the moment to stay alert of some of the most promising forthcoming data trends. 2024 data trends seem to revolve around data management.

1. DataOps: This trend emphasizes collaboration and automation in data management processes, similar to the DevOps approach in software development. There are several benefits of implementing DataOps: greater agility, data reliability (improved data quality), and encouraging collaboration among data and IT teams, and aiding effective data-driven decision-making.
2. Emerging New Data Products: Businesses are gradually being convinced of data usage and we will see more and more data-driven products/services emerging in upcoming years.
3. Achieving More with Less Data: This trend is centered around maximizing efficiency, agility, and cost savings. This actually aligns with current economic growth, when business decision-makers need to be more mindful of removing redundancies, leveraging efficiency and saving costs.
4. Data Contracts: Data contracts are becoming the modern approach to data sharing and usage. (This might be influenced by contract in black chain). Data contracts offer a structured approach to clarify terms, conditions for data exchanges, easing data privacy management and meeting security…