Data and AI Trends 2024
Trend5
3 minute read
2024 will be the year of rapid data platform modernization.
Nearly all organizations surveyed are dissatisfied with their legacy databases’ support
for AI
Why should you care?
1
Legacy databases are holding some organizations back, due to lagging technology and poor user experience.
2
The most popular AI tools for working with vectors, models, and data run in the cloud and are based on open source database technologies such as PostgreSQL.
3
The gen AI boom is bringing new urgency to database modernization.
Why it’s a problem:
In addition to outdated technology and a poor developer experience, legacy databases have also caught the attention of C-level executives because of their expensive, unfriendly licensing and vendor lock-in, which often result in millions of dollars in unnecessary annual costs.
Thankfully, migrating from legacy databases is becoming easier with database migration tools and programs continuing to improve and mature. We’re also seeing AI help to augment these tools, to the point where breaking free from legacy databases is now much easier with AI-assisted code conversion, code completion and improved efficiencies. IT decision makers are now comfortable approving large modernization projects as they look to embrace open technologies, including gen AI, as part of their innovation roadmaps.
An entire generation of developers is building AI applications and leveraging AI for more efficient coding, improved database performance insights, and enhanced security posture.
Are you one of them?
“Organizations can't afford to view gen AI adoption and legacy system modernization as separate tracks. In 2024, those who treat these initiatives as intertwined will not only survive the disruption, but emerge as leaders.”
“Organizations can't afford to view gen AI adoption and legacy system modernization as separate tracks. In 2024, those who treat these initiatives as intertwined will not only survive the disruption, but emerge as leaders.”
“Legacy systems were built for a different era. Gen AI's potential lies in its ability to find novel connections and insights. In 2024, organizations that liberate their data from outdated systems will be best positioned to stay ahead of the curve.”
“Legacy systems were built for a different era. Gen AI's potential lies in its ability to find novel connections and insights. In 2024, organizations that liberate their data from outdated systems will be best positioned to stay ahead of the curve.”
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