TECH BUYER Oct 2019 - IDC FutureScape - Doc # US44802519

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IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Data, Integration, and Analytics 2020 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2023, 70% of G2000 Companies Will Have Metrics in Place to Evaluate Value Realized from Data, Enabling Them to Optimize Internal Resource Allocation Decisions Across the Enterprise

Prediction 2: By 2024, Enterprises That Deploy ML-Powered Data Management, Integration, and Analysis Solutions Will See a Doubling of Data-Centric Employees' Productivity

Prediction 3: By 2022, a Third of G2000 Companies Will Have Formal Data Literacy Improvement Initiatives in Place to Drive Insights at Scale, Create Sustainable Trusted Relationships, and Counter Misinformation

Prediction 4: By 2025, 30% of Organizations Will Be Using Crowdsourcing-Based Internal or External Prediction Markets to Make Important Business Decisions

Prediction 5: By 2023, 60% of Organizations Will Use Data Catalogs to Unify Data Discovery, Access, and Intelligence and to Bring Increased Transparency and Trust in DataOps and Business Outcomes

Prediction 6: By 2021, 25% of Data-Driven Organizations Will Have Turned 30% of Their Unstructured Data into Repurposed Discrete Elements That Fuel Adaptive Decision Making and Automate Data-Driven Workflows

Prediction 7: By 2025, 100% of Memory-Optimized DBMSs Will Use Persistent Memory, with System Performance Benefits Yielding Competitive Advantages in Areas Such as Logistics, Financial Services, and IoT Management

Prediction 8: By 2022, 50% of ICT Vendors Will Use Anonymized Data Collected Within Their Platforms to Provide Insights and Benchmarks, Leading to Increased Value and Differentiation for Their Offerings

Prediction 9: By 2023, the Drive to Monitor Operations Pervasively Will Have Shifted to Workers, with 25% of Enterprises Engaging in Detailed Digital Work Monitoring to Improve the Value of Work Performed

Prediction 10: By 2024, 10% of Adults in Developed Economies Will Manage Their Personal Data via Data Trusts, with New Controls and Transparency Affecting Digital Business Models and Mediating Customer Relationships

Advice for Technology Buyers

External Drivers: Detail

Accelerated Disruption: Navigating Business Challenges as Volatility Intensifies

The Platform Economy: Competing at Hyperscale

Sense, Compute, Act: Maximizing Data Value

Intelligence Everywhere: AI's Opportunity and Implications

Rising Customer Expectations: More Convenience, Customization, and Control

The Future of Work: Agile, Augmented, Borderless, and Reconfigurable

Economies of Intelligence: AI, Human, and Organizational Learning Fuels Asymmetrical Advantage

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Data, Integration, and Analytics 2020 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2023, 70% of G2000 Companies Will Have Metrics in Place to Evaluate Value Realized from Data, Enabling Them to Optimize Internal Resource Allocation Decisions Across the Enterprise

Prediction 2: By 2024, Enterprises That Deploy ML-Powered Data Management, Integration, and Analysis Solutions Will See a Doubling of Data-Centric Employees' Productivity

Prediction 3: By 2022, a Third of G2000 Companies Will Have Formal Data Literacy Improvement Initiatives in Place to Drive Insights at Scale, Create Sustainable Trusted Relationships, and Counter Misinformation

Prediction 4: By 2025, 30% of Organizations Will Be Using Crowdsourcing-Based Internal or External Prediction Markets to Make Important Business Decisions

Prediction 5: By 2023, 60% of Organizations Will Use Data Catalogs to Unify Data Discovery, Access, and Intelligence and to Bring Increased Transparency and Trust in DataOps and Business Outcomes

Prediction 6: By 2021, 25% of Data-Driven Organizations Will Have Turned 30% of Their Unstructured Data into Repurposed Discrete Elements That Fuel Adaptive Decision Making and Automate Data-Driven Workflows

Prediction 7: By 2025, 100% of Memory-Optimized DBMSs Will Use Persistent Memory, with System Performance Benefits Yielding Competitive Advantages in Areas Such as Logistics, Financial Services, and IoT Management

Prediction 8: By 2022, 50% of ICT Vendors Will Use Anonymized Data Collected Within Their Platforms to Provide Insights and Benchmarks, Leading to Increased Value and Differentiation for Their Offerings

Prediction 9: By 2023, the Drive to Monitor Operations Pervasively Will Have Shifted to Workers, with 25% of Enterprises Engaging in Detailed Digital Work Monitoring to Improve the Value of Work Performed

Prediction 10: By 2024, 10% of Adults in Developed Economies Will Manage Their Personal Data via Data Trusts, with New Controls and Transparency Affecting Digital Business Models and Mediating Customer Relationships

Advice for Technology Buyers

External Drivers: Detail

Accelerated Disruption: Navigating Business Challenges as Volatility Intensifies

The Platform Economy: Competing at Hyperscale

Sense, Compute, Act: Maximizing Data Value

Intelligence Everywhere: AI's Opportunity and Implications

Rising Customer Expectations: More Convenience, Customization, and Control

The Future of Work: Agile, Augmented, Borderless, and Reconfigurable

Economies of Intelligence: AI, Human, and Organizational Learning Fuels Asymmetrical Advantage

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