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European Big Data and Analytics 2016 Top 10 Predictions

European Big Data and Analytics 2016 Top 10 Predictions

This IDC study presents IDC's 2016 predictions concerning the Big Data and analytics market in Europe. "Digital technologies and the data they capture present an opportunity for organizations of all sizes to drive business innovation and new levels of productivity," said Helena Schwenk, research manager, IDC Europe Big Data and Analytics. "However, it is a complex undertaking — digital transformation efforts require a fundamental shift toward a range of technologies including those supporting Big Data and analytics. Understanding the architectural implications of a real-time enterprise and supporting agile and self-service work practices, while addressing the impact on skills, data security, and privacy, will remain key for CXOs wanting to remain relevant in today's digital economy.

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Predictions
In This Study
Situation Overview
Future Outlook
Prediction #1: Demand for Governed Self-Service Functionality Will Overtake Traditional IT–Controlled Tools That Provide Similar Capabilities
Prediction #2: Spending on Cloud-Based Big Data and Analytics Technology Will Significantly Outpace Spend for On-Premises Solutions
Prediction #3: Prescriptive Analytic Systems That Incorporate Cognitive and Deep Learning Capabilities Will Command Mainstream Attention Across Europe
Prediction #4: The Data Skills Gap Will Grow Due to a Strengthening of Demand for Skills Pertaining to Big Data Technologies, Data Literacy, and Data Storytelling
Prediction #5: Regulatory Upheaval Will Mean Security and Privacy Compliance Remains a Key Imperative for Big Data Initiatives
Prediction #6: The Number of European Organizations Supplying and Consuming Data-Related Products and Services Will Expand, Fueled by the Ongoing Digital Transformation
Prediction #7: European Enterprises Will Continue to Ramp Up Investment in Open Source Technologies, Driven in Large Part by the Increasing Popularity of Apache Spark
Prediction #8: IoT Data Processed by Advanced Analytic Applications Will Outstrip Processing Activity in Traditional Enterprise Applications
Prediction #9: The Potential to Improve and Automate Decision Making in Security and Target Insider Threats Will Drive More European Organizations to Adopt Big Data and Analytics
Prediction #10: Business Data Lakes Will Be Increasingly Recognized as a Viable and Compelling Component of a BDA Architecture, But Organizational Challenges Surrounding Implementation Will Hamper Progress
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