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IDC FutureScape: Worldwide Analytics and Information Management 2018 Predictions

IDC FutureScape: Worldwide Analytics and Information Management 2018 Predictions

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."

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 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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