IDC FutureScape: Worldwide Analytics and Artificial Intelligence 2019 Predictions

IDC FutureScape: Worldwide Analytics and Artificial Intelligence 2019 Predictions

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 "However, investment in analytics and AI will be moderated by shortage of algorithm training data, outdated legal frameworks, shortage of analytics staff, behavioral biases, and insufficient attention to analytic orientation and data literacy."

Please Note: Extended description available upon request.


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
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