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IDC FutureScape: Worldwide Big Data and Analytics 2016 Predictions

IDC FutureScape: Worldwide Big Data and Analytics 2016 Predictions

This IDC study offers IDC analysts' collective advice to IT and business decision makers to consider in their planning for big data and analytics (BDA) initiatives. The study also describes the key drivers affecting IT and business decision makers as they develop or revise their long-term BDA strategy and create plans for 2016 resource allocation. In this study, the global team of IDC analysts presents the top 10 predictions affecting the big data and analytics initiatives. Each BDA prediction is assessed on the basis of its complexity, organizational impact, and time frame to expected mainstream adoption."Big data and analytics solutions present a potential for significant business value," says Dan Vesset, program VP, Business Analytics and Big Data. "Organizations that are able to take advantage of the most important trends will be prepared to reap new benefits and overcome challenges provided by big data and analytics solutions.

Please Note: Extended description available upon request.


IDC FutureScape Figure
IDC Opinion
In This Study
Situation Overview
Summary of Key Drivers
IDC FutureScape Predictions
Prediction 1: Through 2020, Spending on Cloud-Based BDA Technology Will Grow 4.5x Faster Than Spending for On-Premises Solutions
Associated Drivers
IT Impact
Guidance
Prediction 2: By 2020, 50% of All Business Analytics Software Will Incorporate Prescriptive Analytics Built On Cognitive Computing Functionality
Associated Drivers
IT Impact
Guidance
Prediction 3: Shortage of Skilled Staff Will Extend from Data Scientists to Architects and Experts in Data Management; Big Data–Related Professional Services Will Have a CAGR of 23% Through 2020
Associated Drivers
IT Impact
Guidance
Prediction 4: By 2020, 90% of Databases (Relational and Nonrelational) Will Be Based on Memory-Optimized Technology
Associated Drivers
IT Impact
Guidance
Prediction 5: By 2020, Distributed Micro Analytics and Data Manipulation Will Be Part of All Big Data and Analytics Deployments
Associated Drivers
IT Impact
Guidance
Prediction 6: Through 2020, Spending on Self-Service Visual Discovery and Data Preparation Market Will Grow 2.5x Faster Than Traditional IT-Controlled Tools for Similar Functionality
Associated Drivers
IT Impact
Guidance
Prediction 7: By 2020, Data Monetization Efforts Will Result in Enterprises Pursuing Digital Transformation Initiatives Increasing the Marketplace's Consumption of Their Own Data by 100-Fold or More
Associated Drivers
IT Impact
Guidance
Prediction 8: By 2020, the High-Value Data — Part of the Digital Universe — That Is Worth Analyzing to Achieve Actionable Intelligence Will Double
Associated Drivers
IT Impact
Guidance
Prediction 9: By 2020, 60% of Information Delivered to Decision Makers Will Be Considered by Them Always Actionable, Doubling the Rate from the Current (2015) Level
Associated Drivers
IT Impact
Guidance
Prediction 10: Organizations That Analyze All Relevant Data and Deliver Actionable Information Will Achieve Extra $430 Billion in Productivity Gains Over Their Less Analytically Oriented Peers by 2020
Associated Drivers
IT Impact
Guidance
Essential Guidance
Key Drivers
DX: Accelerating Business Disruption from Digital Transformation
Cloud Life: The Merging of Real Life with Digital Identity
Options Abundance: Cloud x Open Source x Value-Added Intellectual Property
Promise of Predictability: The Desire to "Analyze the Future"
Demand for Self-Service: From Data Preparation to Visualization
Talent Quest: High Demand for Next-Generation Business/IT Skills — Scarce Supply
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Related Research
Synopsis

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