Philip carnelley predictions big data

Big Data and Analytics Directions

Philip Carnelley, Research Director,

Enterprise Software, IDC Europe

@PCarnelley

This Man Has Issues (But Money)

2

‘The huge stores of information

about customers is a crucial

competitive edge, and if banking

can convert that information into

knowledge, they can use it to offer

customers goods and services

that better meet their needs’BBVA chairman and CEO Francisco Gonzalez

‘Up to half the world's

banks may lose out

and disappear due to

failure to keep pace

with digital disruption’BBVA chairman and CEO Francisco Gonzalez

o Data at the Heart of Digital

Transformation

o Growing Maturity

o Technology Trends

o Essential Guidance

3© IDC Visit us at IDC.com and follow us on Twitter: @IDC

4

3-D Printing

Cyber Crime

Social

Cognitive Computing

Industrial Internet

Sharing Economy

Digital Disruption

Cloud

Big Data

Digital Economy

Industrie 4.0

Virtual Reality

Digital Enterprise

Business Model Shift

API economy

Analytics

Internet of Things

Augmented Reality

Information Management

Rest APIs

Robotics

Omni-Channel

Predictive Analytics

Chief Digital Officer

Regulation

Data Lakes

Mobility

Data

By the End of 2016,Two-Thirds of the

CEOs of European Large Enterprises

Will Have Digital Transformation at the

Center of Their Corporate Strategy

An Explosion of Data Making New

Things Possible

© IDC Visit us at IDC.com and follow us on Twitter: @IDC 5

Source: IDC

6

Financial Services

Conduct risk analysis & understand

exposure

Fraud protection & detection

Customer analysis

Manufacturing

Improve production processes & operations

Support service & product innovation

Analysis of machine or device data

Public Sector

Improve tax collection

Fight welfare fraud

Enhance threat & cyberthreatintelligence

Vertical Market Adoption: the Big 3

European Adoption Continues to Grow


Source: IDC European Vertical Markets Survey, 2015

Plan to adopt in next 12 months

Already using it

Not using & no plans

Don't know

41%

28%

27%

4%

Stage 1Ad Hoc

Stage 2Opportunistic

Stage 3Repeatable

Stage 4Managed

Stage 5Optimized

0%

Respondent base by IDC Maturity Model SegmentsSource: IDC Custom Research Study

1%

63%

34%

2%

Evolving Big Data Organizational Maturity


Transformation

o Growing Maturity

o Technology Trends




Democratization

1970s onward: IT Centric

Reporting tools, Classic BI

2000s: Analyst-centric

Visual Discovery

2010s: LoB-Centric

Self-service

Through 2020, spending on the self-

service visual discovery and data

preparation market will grow 2.5x

faster than traditional IT controlled

tools for similar functionality

Overcoming the Silos


Historical Data Content Data Transitory

Data

Reference

Data

Transaction

Data

Source: “Move Over Hadoop”, IDC #248553

By 2018, unified data platform architecture will

become the foundation of BDA strategy;

unification will occur across information

management, analysis, and search technology.


Journey to the Cloud Gathers Pace

Cloud Platform

Speed to

Market

Flexibility

Economic Model

Business demand drivers:

Searchfor New Revenue

Improve Cost Structure

Mobile Access

The shift towards cloud is

not just about cost

savings

Through 2020, spending on

cloud-based Big Data &

Analytics technology will grow

4.5x faster than spending for

on-premises solutions.


Rising Interest in Intelligent

Technologies

“The Traffic’s bad, would you like me to bring

your taxi forward 10 minutes?”

The cognitive travel platform

By 2020, 50% of all business

analytics software will include

prescriptive analytics built on

cognitive computing functionality


Transformation

o Growing Maturity

o Technology Trends



Parting Thoughts

Business Transformation requires a fundamental shift

toward a whole host of new technologies, critically

including Big Data and Analytics technologies – be

prepared

An increasing number of Big Data and Analytics

procurement projects combine business & IT

involvement: cooperation & coordination is key

Big Data Analytics success is as much about culture

and governance as it is about technology: you may

need to change


By 2020, organizations able to

analyze all relevant data and

deliver actionable information will

achieve an extra $430 billion in

productivity benefits over their

less analytically oriented peers


Philip Carnelley

Research Director, Enterprise Software

IDC Europe

[email protected]

@PCarnelley

mailto:[email protected]