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IDC FutureScape: Worldwide Analytics and Information Management 2018 Predictions

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IDC FutureScape: Worldwide Analytics and Information Management 2018 Predictions
Published: October 31, 2017 Content info: 18 Pages
Description

This IDC study provides IDC's 2018 top 10 predictions for analytics and information management. "Enabled by machine learning-based automation, the next few years will usher in a period of massive change in the way data and content is managed and analyzed to support or automate decision making across the enterprise and in the consumer realm," said Dan Vesset, group VP, Analytics and Information Management market research. "Over the next decade, the scope of decisions that will be automated will expand exponentially. It starts from tactical decisions about how to process data to narrowly scoped, task-level business decisions to connected decisions about end-to-end business processes. As systems learn more, they will be able to automate more."

Table of Contents
Product Code: US42619417

IDC FutureScape Figure

Executive Summary

IDC FutureScape Predictions

  • Summary of External Drivers
  • Predictions: Impact on Technology Buyers
    • Prediction 1: By 2020, 10% of Enterprise Applications Spending Will Be for New Task-Level Applications That Incorporate Software, Data, and Algorithms
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 2: By 2021, 90% of New Intelligent Systems Will Have an Embedded Decision-Centric Computing Architecture That Automatically Detects and Evaluates Conditions and Makes Decisions About How to Respond
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 3: By 2019, 25% of Enterprises That Rely on ML-Based Decision Automation Will Have Established Governance Processes to Assess Predictions, Prescriptions, and Decisions Against Regulators, Internal Policy, and Ethical Considerations Using Internal and External Human and Machine Auditors
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 4: By 2021, 25% of Large Enterprises Will Have Supplemented Internal and External Data Scientists with Data Ethnographers to Provide Contextual Interpretations of Data by Using Qualitative Research Methods That Uncover People's Emotions, Stories, and Perceptions of Their World
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 5: By 2021, 20% of Data from Sources on Open Networks Will Be Registered on a Public Blockchain, and Corresponding APIs Will Have Been Made Available for Data Consumers to Validate These Blockchain Registrations, Thus Proving Shared-Data Provenance and Increasing Trust in Information
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 6: By 2018, 50% of Large Enterprises Will Be Generating Data-as-a-Service Revenue from the Sale of Raw Data, Derived Metrics, Insights, and Recommendations
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 7: Worldwide, 40% of Enterprises Will Have Failed to Put Adequate Governance Procedures and Tools in Place to Meet the European Union's GDPR by Its May 2018 Effective Date, Thus Leaving Them Open to Fines of up to 4% of Revenue per Breach of Regulations
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 8: By 2020, 20% of Large Enterprises Will Use ML-Based Software to Create New Materials, Including Reports, Meeting Summaries, Correspondence, and Visual Communications That Synthesize Information Such as Presentations
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 9: By 2019, the Adoption of Intelligent Automation and Company-Specific Digital Assistants Will Have Led to a Fourfold Improvement in Knowledge-Worker Productivity Across Use Cases
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 10: By 2021, 20% of Analytics, Cognitive/AI, and Information Management Deployments Will Be Based on Heterogeneous Compute Infrastructure, Whereby Servers with Different Processors Take on Specific Tasks Rather Than General-Purpose Processors Taking on All Tasks
      • Associated Drivers
      • IT Impact
      • Guidance

Advice for Technology Buyers

External Drivers: Detail

  • DX Delta: Leaders and Disruptors Widen Performance Gap
  • Human Versus Machine: The Impact of AI and Automation
  • Global Volatility: Political, Social, and Economic Disturbance
  • Sense, Compute, Actuate: The New Data-Centric Paradigm
  • Shifting Economics: Changing Value Structures and the Rise of Digital Capital
  • The Future Workforce: Global Demand for Digital Talent
  • Platform Disruption: Unleashing Digital Innovation's Power for Scale

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  • Related Research
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