Five Key Predictions for Data and Analytics Through 2020
Read five highlights from a report that contains Gartner's top 100 data and analytics predictions that are relevant to industry leaders.
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Gartner Analysts, Douglas Laney and Ankush Jain, recently published a research report with Gartner’s top 100 data and analytics predictions relevant to CIOs, CDOs, and analytics leaders.
This research stems from hundreds of interactions with key stakeholders at data-driven organizations, and includes predictions on topics ranging from advanced analytics and data science to changes in business functions and industries.
Five Predictions by Category:
Core Analytics Prediction
“By 2018, over half of large organizations globally will compete using advanced analytics and proprietary algorithms, causing the disruption of entire industries.”
“By 2019, 80% of new applications using IoT or machine data will analyze data in motion as well as collect this information for analysis of data at rest.”
“By 2020, the IoT and digital business will drive requirements in 25% of new information governance and master data management implementations.”
Information Technology Infrastructure Prediction
“By 2020, more than half of major new business processes and systems will incorporate some element, large or small, of the IoT.”
Digital Business/Commerce and Business Function Prediction
“By 2020, smart personalization engines used to recognize customer intent will enable digital businesses to increase their profits by up to 15%.”
Editor's note: The report was published on March 24, 2016. MemSQL states that it is hosting the report free for a limited time. Although the study authors do not go into detail about how the information was compiled, it is fairly detailed and touches not just on trends in technology but also on how the trends are affecting certain industries.
Published at DZone with permission of Kevin White. See the original article here.
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