14 Mar 2022
IDC Reveals India Data and Content Technologies Predictions for 2022 and onwards; Focus on Data Literacy for an Elevated data Culture
INDIA, March 14, 2022 – International Data Corporation (IDC) predicts that by 2026, to elevate their data culture, 40% of large enterprises in India will have data literacy programs, including training to help employees spot misinformation and communicate or influence with data. This is among the top 10 predictions for the India Data and Content Ecosystem, unveiled in the latest report, IDC FutureScape: Worldwide Data and Content Technologies 2022 Predictions — India Implications .
Enterprises in India are prioritizing data literacy since the inability to effectively utilize the data deters the development of data culture and creates hindrances in the ability to optimally leverage data and content to raise overall enterprise intelligence. It is therefore critical for enterprises to empower their employees and the ecosystem to
"Data literacy is a crucial pillar for the success of analytics initiatives within the organizations. Enterprises are directing initiatives that focus on enhancing the data skills through internal and external training sessions,” says Rishu Sharma, Associate Research Director, Cloud and AI, IDC India.
Below are a few of the India Data and Content Technologies predictions that would impact the technology buyers and suppliers in 2022 and beyond:
#1 DataOps: By 2024, 20% of large enterprises in India will have a data control plane architecture to enable DataOps, propel ML-based data engineering, reduce data risks, and propel innovation among Gen D workers.
#3 Analytics and Knowledge Network: By 2024, 20% of business intelligence solutions will incorporate intelligent knowledge networks, extending core ML-based user augmentation with collaborative and collective intelligence functionality.
#5 Decisioning Platforms: By 2026, the lack of an analytics control plane will drive 20% of large Indian enterprises to adopt decisioning platforms with unified analytics, business rules, workflow, and collaboration capabilities.
#8 Data Literacy: By 2026, to elevate their data culture, 40% of large enterprises in India will have data literacy programs, including training to help employees spot misinformation and communicate or influence with data.
#10 Graph Databases: By 2025, 30% of large enterprises in India will deploy graph databases, recognizing this technology's applicability to a growing set of use cases involving relationship, influence, path, and pattern analysis.
"In a digital-first industry where enterprises are prioritizing DX as a core element, data is the gold dust which enables organizations in India to make informed decisions in real-time, in order to drive business value,” says Sagnik Das, Senior Market Analyst, Cloud & AI, IDC India.
These predictions are discussed in greater detail in the new IDC FutureScape report, IDC FutureScape: Worldwide Data and Content Technologies 2022 Predictions — India Implications (IDC # AP48767222 ). Each year, IDC releases its Top Predictions through its IDC FutureScape reports to give a crystal ball view of what is ahead for the rapidly changing ICT industry. These predictions have been used to shape the strategies and business objectives of technology leaders and business executives in the next 1-5 years. To learn more about the upcoming IDC FutureScape reports, please click HERE.
This report is published as part of IDC’s India Artificial Intelligence and Cloud Ecosystem research that analyzes the evolving cloud and artificial intelligence markets in India. For more information about this report, trends, or questions for analysts, please contact Shivani Anand at firstname.lastname@example.org . You can also follow IDC India’s Twitter and LinkedIn pages for regular updates on IDC’s research & events.
About IDC FutureScape
IDC FutureScape DC FutureScape reports are used to shape IT strategy and planning for the enterprise by providing a basic framework for evaluating IT initiatives in terms of their value to business strategy now and in the foreseeable future. IDC's FutureScapes are comprised of a set of decision imperatives designed to identify a range of pending issues that CIOs and senior technology professionals will confront within the typical 3-year business planning cycle.
To learn more about IDC FutureScape reports for 2022, please visit: https://www.idc.com/events/futurescape.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,200 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights: http://bit.ly/IDCBlog_Subscribe.
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