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IDC FutureScape: Worldwide Analytics and Artificial Intelligence 2019 Predictions

Published by IDC Product code 738780
Published Content info 17 Pages
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IDC FutureScape: Worldwide Analytics and Artificial Intelligence 2019 Predictions
Published: October 31, 2018 Content info: 17 Pages
Description

This IDC study provides IDC's 2019 top 10 predictions for analytics and artificial intelligence."Investments in analytics and artificial intelligence are driven by the promise, opportunity, and excitement of a new wave of automation that not only drives inefficiency out of processes but also changes how people interact with the digitized world around them and how processes and whole ecosystems change because of automation," said Dan Vesset, group VP, Analytics and Information Management market research. "However, investment in analytics and AI will be moderated by shortage of algorithm training data, outdated legal frameworks, shortage of analytics staff, behavioral biases, and insufficient attention to analytic orientation and data literacy."

Table of Contents
Product Code: US44389418

IDC FutureScape Figure

Executive Summary

IDC FutureScape Predictions

  • Summary of External Drivers
  • Predictions: Impact on Technology Buyers
    • Prediction 1: By 2023, Commoditization of Ever-Higher Layers of Analytics and AI Technology Will Result in 15% of the Current Spend on These Items Being Replaced by Spend on Insights as a Service
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 2: By 2024, Annual 7% Rise in AI-Based IT Implementation Project Automation Will Drive a New Wave of Business Process Redesign, Requiring Services from Firms with Deep Industry and Functional Expertise
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 3: By 2021, Algorithm Opacity, Decision Bias, Malicious Use of AI, and Data Regulations Will Result in Doubling of Spending on Relevant Governance and Compliance Staff and Explainability Teams
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 4: By 2022, Reflecting the Need for Localized Data Processing and Enabled by 5G, 25% of Endpoint Devices and Systems Will Contain AI Algorithms, Driving Two-Thirds of the Total Annually Shipped Compute Power
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 5: By 2024, AI-Enabled Human-Computer Interfaces and Business Process Automation Will Replace a Third of Today's Screen-Based B2B and B2C Applications
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 6: By 2021, 65% of New Spending in Analytics Will Use an Event-Driven Architecture and Streaming Pipelines to Ingest Data, Process Data, Evaluate and Score Predictions, Make Decisions, and Initiate Actions
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 7: By 2023, Growth in Demand for the Management of Data in Multiple Formats Will Cause Spending on Multimodel Databases to Represent 25% of the Spending on NoSQL Databases
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 8: By 2021, Synthetic AI Model Training Data Created Using Small Amounts of Actual Data and Large Amounts of Simulated Data Will Be Available via Data Markets, Doubling New AI Models Development Speed
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 9: By 2022, Affective Computing (Emotion AI) Will Include Vision and Voice Technologies and See an Increase of 25% in Real-World Applications
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 10: By 2022, 75% of IT Operations Will Be Supplanted by AI or Analytics-Driven Automation, Resulting in over 25% Opex Savings
      • Associated Drivers
      • IT Impact
      • Guidance

Advice for Technology Buyers

External Drivers: Detail

  • Next Chapter of DX - Technology-Driven Transformation Altering Business and Society
  • The Race to Innovate - Speed of Change, Delivery, and Operations Separates Thrivers and Survivors
  • Platforms, Platforms, Platforms - Industry Competes for Innovation at Scale
  • Sense, Compute, Actuate - Turning Data into Value
  • Emerging Autonomy - Learning to Live with AI
  • Rising Customer Expectations - More Convenience, Customization, and Control
  • Legacy Inertia - Retrofit the Old into the DX World

Learn More

  • Related Research
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