Information Technology Transformative Mega Trends in the Data Analytics Ecosystem

Disruptive Technologies in the Analytics and AI Market


RELEASE DATE
07-Apr-2021
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PB99-01-00-00-00
SKU
IT04307-GL-MT_25360
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Transformative Mega Trends in the Data Analytics Ecosystem
Published on: 07-Apr-2021 | SKU: IT04307-GL-MT_25360

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Organizations have been analyzing internal and external data to inform their decision-making process for centuries. In the late 1800s, Frederick Winslow Taylor famously studied the organization and its workflows to improve business productivity, which gave rise to an entire field of study dedicated to helping companies grow and become more efficient by measuring data. In the decades that followed, the world witnessed the emergence of vendors and service providers that catered to data analysis needs in specific areas, such as finance, operations optimization, and supply chain efficiency. These providers largely operated in silos.

The near-ubiquity of cloud computing has completely revolutionized the analytics delivery model. With massive amounts of standardized data being generated from the activities of increasingly connected enterprises and being stored on public and private cloud, businesses can now approach data analytics and artificial intelligence (AI) from a whole-of-enterprise perspective like never before.

This study takes a look at the competitive forces and Mega Trends shaping the data analytics and AI ecosystem today. These developments have resulted in the compression of customer value chains and the creation of expansive new analytics partnership ecosystems that will define how analytics and AI services are extended and consumed in the future. In addition, this study helps end-users understand the evolving analytics and AI marketplace as they consider investing in cognitive capabilities. It also offers direction to market participants on how to chart their strategic priorities, such as partnerships, acquisitions, and building new capabilities in response to the changes in the analytics and AI space.

Author: Deepu Nair

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on the Analytics and AI Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Data Analytics Ecosystem

Data Analytics Mega Trend: Cloud Computing Has Radically Transformed the Data Analytics Ecosystem

Cloud Trends Impacting Key Participants in the Analytics Ecosystem

Trend 1: The Push Toward a Cloud-first Data Analytics Stack is Allowing CSPs to Dominate the Pipeline for Data Analytics Services

Trend 1: The Push Toward a Cloud-first Data Analytics Stack is Allowing CSPs to Dominate the Pipeline for Data Analytics Services (continued)

Trend 2: The Nascent Insights-as-a-service (IaaS) Model is Emerging Alongside the Fast-growing Analytics-as-a-service (AaaS) Model

Trend 2: The Nascent Insights-as-a-service (IaaS) Model is Emerging Alongside the Fast-growing Analytics-as-a-service (AaaS) Model (continued)

Trend 3: A New Breed of Application Software Developers is Focusing on Niche Product and Service Offerings

Trend 3: A New Breed of Application Software Developers is Focusing on Niche Product and Service Offerings (continued)

Trend 4: Data Vendors are Evolving from Offering Proprietary Data as a Standalone Product to Offering Platforms that Support the Exchange and Analysis of Data from Multiple Sources

Trend 5: IT Service Providers are Investing in Upstream Capabilities to Strengthen Their Service Portfolio

Trend 6: Telcos are Investing in AI to Meet Evolving Customer Needs and to Improve Their Own Operational Capabilities

Growth Opportunity 1: Integration of AI With IoT Solutions for Automated Control and Monitoring, 2021

Growth Opportunity 1: Integration of AI With IoT Solutions for Automated Control and Monitoring, 2021 (continued)

Growth Opportunity 2: Building Edge Infrastructure for Low Latency Analytics, 2021

Growth Opportunity 2: Building Edge Infrastructure for Low Latency Analytics, 2021 (continued)

Growth Opportunity 3: AI Ethical Controls for Ethical Risk Reduction, 2021

Growth Opportunity 3: AI Ethical Controls for Ethical Risk Reduction, 2021 (continued)

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Organizations have been analyzing internal and external data to inform their decision-making process for centuries. In the late 1800s, Frederick Winslow Taylor famously studied the organization and its workflows to improve business productivity, which gave rise to an entire field of study dedicated to helping companies grow and become more efficient by measuring data. In the decades that followed, the world witnessed the emergence of vendors and service providers that catered to data analysis needs in specific areas, such as finance, operations optimization, and supply chain efficiency. These providers largely operated in silos. The near-ubiquity of cloud computing has completely revolutionized the analytics delivery model. With massive amounts of standardized data being generated from the activities of increasingly connected enterprises and being stored on public and private cloud, businesses can now approach data analytics and artificial intelligence (AI) from a whole-of-enterprise perspective like never before. This study takes a look at the competitive forces and Mega Trends shaping the data analytics and AI ecosystem today. These developments have resulted in the compression of customer value chains and the creation of expansive new analytics partnership ecosystems that will define how analytics and AI services are extended and consumed in the future. In addition, this study helps end-users understand the evolving analytics and AI marketplace as they consider investing in cognitive capabilities. It also offers direction to market participants on how to chart their strategic priorities, such as partnerships, acquisitions, and building new capabilities in response to the changes in the analytics and AI space. Author: Deepu Nair
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Deepu Nair
Industries Information Technology
WIP Number PB99-01-00-00-00
Is Prebook No
GPS Codes 9531-C1,9705-C1,9658

Transformative Mega Trends in the Data Analytics Ecosystem

$2,450.00

Special Price $1,837.50 save 25 %

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IT04307-GL-MT_25360