TECH BUYER Oct 2022 - IDC FutureScape - Doc # US48733222

IDC FutureScape: Worldwide Data and Content Technologies 2023 Predictions

By:

Dan Vesset
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,
Stewart Bond
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,
Amy Machado
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,
Ray Huo
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,
Thomas Jackson
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, Steve Charbonnier, Anne Valaitis,
John Rydning
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,
Yasusuke Suzuki
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,
Ashish Nadkarni
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,
Phil Goodwin
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,
Yanxia Lu
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,
Dr. Chris Marshall
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,
Jessie Danqing Cai
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,
Lynne Schneider
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,
Enrique Phun
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,
Carl W. Olofson
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,
Giovanni Cervellati
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,
Neil Ward-Dutton
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,
Keith Kmetz
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Table of Contents

IDC FutureScape Figure

Figure: IDC FutureScape: Worldwide Data and Content Technologies 2023 Top 10 Predictions

Executive Summary

IDC FutureScape Predictions

Summary of External Drivers

Predictions: Impact on Technology Buyers

Prediction 1: By 2024, Broad Use of AI-Infused Analytics Will Lead 33% of G2000 to Connect Data Intelligence, Decision Ops, and Data Literacy Initiatives to Counter Cognitive Biases and Probabilistic Analytics Risks

Associated Drivers

IT Impact

Guidance

Prediction 2: By 2024, Inability to Perform Cross-Functional and Integrated Scenario Planning and Forecasting Aided by Machine Learning Will Negatively Affect 75% of G2000's Ability to React to Market Volatility

Associated Drivers

IT Impact

Guidance

Prediction 3: By 2025, to Promote Data-Informed Decision Making, 50% of G2000 (from 33% in 2022) Will Embed Analytics in Enterprise or Productivity Apps, Boosting Demand for Data-Savvy Application Developers

Associated Drivers

IT Impact

Guidance

Prediction 4: By 2025, Growth in Data Marketplaces, Data Privacy Regulations, and Data Sovereignty Concerns Will Lead 60% of G2000 to Include CDOs, Along with CISOs and CLOs, on Data Risk Management Committees

Associated Drivers

IT Impact

Guidance

Prediction 5: By 2026, Entrenched Hybrid Work Models and High Labor Turnover Rates Will Drive 40% of G2000 to Invest in Knowledge Networks for Knowledge Retention, Curation, and Sharing from Unstructured Content

Associated Drivers

IT Impact

Guidance

Prediction 6: By 2026, 35% of G2000 Will Have Benefitted from Investments in Performance-Intensive Computing That Address Data Chaos of the Ever More Digitized World, Leading to Suboptimal Return on Data Assets

Associated Drivers

IT Impact

Guidance

Prediction 7: By 2027, Redundant Deployments of Data Warehouses and Lakes Will Challenge ROI at Over 60% of G2000 Attempting Data and Content Unification Initiatives and Lead to Investments in Data Federation

Associated Drivers

IT Impact

Guidance

Prediction 8: By 2027, 10% of G2000 Will Have Implemented Systematic Data-to-Action Feedback Loops, Resulting in Superior Return on Data and Content Capture and Analysis Investments Compared with Their Peers

Associated Drivers

IT Impact

Guidance

Prediction 9: By 2028, the Most Data-Savvy 20% of G2000 Will Have Used Spatio-Temporal Data Processing to Enable Complex n-Dimensional Use Cases and Drive Demand for Telematic Analytics Expertise

Associated Drivers

IT Impact

Guidance

Prediction 10: By 2028, 70% of the Value of the U.S. Economy Will Be in the Form of High-Information-Density Goods and Services, Driving Demand for Ever-Growing Computational Capacity to Maintain Growth

Associated Drivers

IT Impact

Guidance

Advice for Technology Buyers

External Drivers: Detail

Storms of Disruption — Accelerating, Interconnected Uncertainty

Geopolitical Reality — Sovereignty in the Digital World

Digital Business — Stepping Stone to the Future Enterprise

Meaningful Intelligence — Differentiated Decision Power

Ecosystem-Based Innovation — Driving Enterprise Value

Work Mode Upheaval — New Models and Leadership

Everything as a Service — Thriving Through the Change

Learn More

Related Research

Content


Related Links