This article discusses the importance of data storage solutions, big data applications, and real-time analytics in the technology industry. It also highlights the need for technologies such as distributed storage systems, data partitioning techniques, and advanced indexing algorithms. GlobalData’s report on Innovation in Cloud: Neural networks for data storage states that there have been over 3.6 million patents filed and granted in the technology industry in the last three years. Additionally, GlobalData’s Technology Foresights reveals that there are 300+ innovation areas that will shape the future of the industry, with finite element simulation, deductive databases, and neural networks for data storage being some of the disruptive technologies in the early stages of application.