2014 Key Trends

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Big Data
Big Data is going to be big in 2014. The idea is hardly new, but investments are growing alongside understanding and as a result I’d expect traction to kick in this year. Big data, which is linked to both wearable computing and the emergent Internet of Things, is essentially the idea that more and more of what we do everyday is becoming observable and to some extent predictable thanks to devices that capture and transmit data. In other words, many things that were previously closed, opaque or private are becoming open, transparent and public and can be rendered into data and in some cases money. There are huge privacy issues associated with big data and we should expect some kind of backlash at some point, but used wisely big data could be transformative.

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