The rise of mobile technologies, cloud computing, machine learning, and IoT, and emerging technologies such as AI and VR-based applications are resulting in exponential growth of unstructured data. Businesses that can successfully leverage unstructured data will be able to innovate and adapt to future conditions with more agility and fewer wasted resources. This has necessitated a fresh approach to how one stores, manages, and extracts value from this data. This article discusses the implications and challenges for organisations with respect to the staggering explosion in unstructured data and leveraging unstructured data for continuous innovation and successful digital transformation.
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