Top AI and Data Science Trends that will Dominate in 2023
AI has been the buzzword lately, with the last few months seeing a major rise in Ai driven applications. The emergence of AI platforms such as ChatGPT have only drawn more attention to the advancements of AI and it will continue to gain more prominence in 2023. Data science will also see lots of development with regards to how the data is managed. India itself will see the scrappage of the Data Protection Bill to be replaced with a more comprehensive Digital Personal Data Protection Bill.
Hence, as 2023 begins, we take a quick look at the top AI and Data Science trends that will dominate the entirety of 2023 based on a report from Analytics India Mag.
1. Data privacy by legal framework will gain importance
87 percent of data leaders feel that privacy will be the main consideration for the future of data driven advancements.
2. Big IT to automate processes internally
83 percent leaders in the big IT firms believe that their companies will start working towards automating processes internally.
3. Role of CDOs to get more encompassing
81 percent of leaders in the data ecosystem believe that the CDOs will need to exhibit a more synergetic role aligned to business strategy and executive management.
4. Enterprises to focus on the optimisation of cloud computing
81 percent of industry experts say that multi cloud will be the defining strategy for companies to compute, store, and analyse data going forward.
5. Organisations to apply data governance and democratisations.
79 percent of enterprises perceive a single source of truth to be fundamental to any data strategy.
6. Data scientists to focus to improve processing time of training models.
With increasing use of large data sets and complex algorithms, 70 percent data teams will focus more
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