TECH SUPPLIER Jun 2020 - Market Presentation - Doc # EUR146498520

Intelligent Big Data and Analytics Software in Europe — The Impact of COVID-19 on Market Demand

By: Philip CarnelleyAVP, European Software Group, Erica SpinoniResearch Analyst, European Software

On-line Presentation

Abstract

This IDC Market Presentation illustrates how the Big Data and analytics software market has been impacted by COVID-19, focusing on European outcomes and expectations, utilizing material developed and presented to IDC clients in April and May of 2020.

The European region has been hard-hit by COVID-19 outbreak. At the same time, the pandemic should provide a major impetus for organizations to leverage intelligent Big Data and analytics solutions to adapt and improve (e.g., to predict and meet customer demands, to understand and better manage the supply chain — shortening and reinventing it) or to lay the foundations for optimizing and redesigning logistics, finding the right balance between just-in-time and stock availability.

European organizations are facing the need for intelligence-led strategies to promptly meet changes in capacity, demand, and operations, so tech vendors must understand their customers' best practices and promote them as concrete signs of resilience and transformation to the entire market.


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