Professional Documents
Culture Documents
In this issue
Executive Summary 2
Final Thoughts
Data, Analytics and Beyond 23
About Tealium 25
2
In this new report, 100 Data and Analytics Predictions Through 2021, Tealium has partnered with Gartner to round
up the top data and analytics predictions to help professionals, such as CIOs and CDOs, enhance their strategic
programs and embrace digitalization.
The predictions are the result of a yearlong study, in which Gartner analysts gathered hundreds of client and
vendor interactions, primary and secondary research, and collaborated with analytical specialists across
research agendas. As such, they offer an in-depth view of the key themes running through the heart of digital
transformation and issues we must address to ensure a positive transition.
Source: Tealium
Data as a key strategic advantage
and driver of business decisions
potential of real-time technology, and consumer data. it is becoming essential for customer communications
And it seems that awareness of this need is already and advertising, and so are data-driven experiences.
growing; by 2020, it’s predicted 80% of organizations Within three years, more than 50% of mobile
will initiate competency development to improve data interactions are set to be contextualized and
literacy. Although, they must also take care to keep ‘hyperpersonal’; informed by past and real-time
consumer needs front and center. consumer behavior. AI will play a central role in
making this transformation possible. By facilitating
The importance of identity resolution in driving greater efficiency and real-time reactiveness, AI – and
meaningful customer experiences subsets such as machine learning (ML) – will soon
become a core business and analytic competency.
Given the high data volumes it produces, digital
transformation offers a significant opportunity to
Yet it is important to note that the output of both AI
improve the customer experience by making every
and ML is only as good as the input; initial data quality
interaction personal. Moreover, with research showing
must be high. Therefore, companies will need a
almost 80% of consumers have chosen or advocated
means of collating, combining, and translating large
a brand that offered a personalized experience,
stores of data into a 360-degree view of individuals;
seizing this opportunity is arguably crucial to
such as a centralized hub.
business success.
customer-centric strategy companies can tap into for consumers and advertisers: by 2020, digitally
this data flow at any point in the customer journey to trustworthy companies will be 20% more profitable.
fully optimize and personalize interactions, and drive There will also be an increase in the number of data
positive experiences. Through centralized real-time protection officers – in line with GDPR guidelines
data, companies have all the tools they need to adapt – and, as a result, an increased commitment to
to future developments and make the most of the preventing internal data breaches. It is estimated
opportunities that lie ahead. that two years after GDPR enforcement, over 70%
of enterprises will continuously monitor for sensitive
The challenges of data security and privacy data incidents.
Source: Tealium
6
Analysis
The digital business future confronts you with
almost unlimited possibilities to create business
value through data and analytics. This transition to
digital business requires CIOs, chief data officers
(CDOs) and data and analytics leaders to make
a leap toward a new view of data and analytics.
They need to move past the old mindset of keeping
siloed data, business applications and analytics
applications grounded in data warehousing and
business intelligence (BI) systems, primarily for
enterprise reporting and basic analytical purposes.
Instead, they need to look at data as the raw
material for any decision, and consider that data
comes from both within and outside the enterprise.
It exists everywhere: at rest, in motion, on-premises
and in the cloud. Big data (high-volume, -variety and
-velocity information) continues to increase rapidly in
all three dimensions. To capitalize on opportunities
that can be identified, data and analytics need to
be thought of as an enterprise layer of the digital
business fabric, taking on a more active and
dynamic role in powering the activities of the entire
organization, not just reflecting where it’s been
(see Figure 1).
7
Outcomes
Data Analytics
As evidenced by its pervasiveness within our vast array ■■ Artificial intelligence (AI) is emerging as a core
of recently published Predicts 2017 research, it is business and analytic competency. Beyond
clear that data and analytics are increasingly critical yesteryear’s hard-coded algorithms and manual
elements across most industries, business functions data science activities, machine learning (ML)
and IT disciplines. Most significantly, data and promises to transform business processes,
analytics are key to a successful digital business. This reconfigure workforces, optimize infrastructure
collection of more than 100 data-and-analytics-related behavior and blend industries through rapidly
Strategic Planning Assumptions (SPAs) or predictions improved decision making and process
through 2021, heralds several transformations and optimization.
challenges ahead that CIOs and data and analytics
leaders should embrace and include in their planning ■■ Natural language is beginning to play a dual
for successful strategies. Common themes across the role in many organizations and applications
discipline in general, and within particular business as a source of input for analytic and other
functions and industries, include: applications, and a variety of output, in addition
to traditional analytic visualizations.
8
■■ Information itself is being recognized as a enterprises must seek to adopt advanced analytics,
corporate asset (albeit not yet a balance sheet and adapt their business models, establish specialist
asset), prompting organizations to become data science teams and rethink their overall strategies
more disciplined about monetizing, managing to keep pace with the competition. “Predicts 2017:
and measuring it as they do with other assets. Analytics Strategy and Technology” offers advice
This includes “spending” it like cash, selling/ on overall strategy, approach and operational
licensing it to others, participating in emerging transformation to algorithmic business that leadership
data marketplaces, applying asset management needs to build to reap the benefits.
principles to improve its quality and availability, and
quantifying its value and risks in a variety of ways. ■■ By 2018, deep learning (deep neural networks
[DNNs]) will be a standard component in 80% of
■■ Smart devices that both produce and consume data scientists’ tool boxes.
Internet of Things (IoT) data will also move
intelligent computing to the edge of business ■■ By 2020, more than 40% of data science tasks will
functions, enabling devices in almost every be automated, resulting in increased productivity
industry to operate and interact with humans and and broader usage by citizen data scientists.
each other without a centralized command and
control. The resulting opportunities for innovation ■■ By 2019, natural-language generation will be
are unbounded. a standard feature of 90% of modern BI and
analytics platforms.
■■ Trust becomes the watchword for businesses,
devices and information, leading to the creation ■■ By 2019, 50% of analytics queries will be
of digital ethics frameworks, accreditation generated using search, natural-language query or
and assessments. Most attempts at leveraging voice, or will be autogenerated.
blockchain as a trust mechanism fail until technical
limitations, particularly performance, are solved. ■■ By 2019, citizen data scientists will surpass data
scientists in the amount of advanced analysis
Research Highlights produced.
a 75-year technology cycle that will have far-reaching “Predicts 2017: The Reinvention of Buying Behavior in
implications for every industry. In “Predicts 2017: Vertical-Industry Markets”
Artificial Intelligence,” we reflect on the near-term
opportunities, and the potential burdens and risks that ■■ By 2021, 30% of net new revenue growth
organizations face in exploiting AI. AI is changing the from industry-specific solutions will include AI
way in which organizations innovate and communicate technology.
their processes, products and services. Practical
strategies for employing AI and choosing the right Information Management Predictions
vendors are available to data and analytics leaders
Information Management Strategy
right now.
Information strategy is not a technology (or stack of
■■ By 2019, more than 10% of IT hires in customer technologies) that an enterprise can easily acquire.
service will mostly write scripts for bot interactions. It is a long-term commitment to the exploitation
of information for improved business outcomes. In
■■ Through 2020, organizations using cognitive fact, its importance has risen to the executive level.
ergonomics and system design in new AI projects The increasing prominence of the role of the CDO
will achieve long-term success four times more is the most obvious indication of this. Information
often than others. management and analytics are now about much more
than architecting, integrating, cleansing, storing and
■■ By 2020, 20% of companies will dedicate workers analyzing data – they’re central to most organizations’
to monitor and guide neural networks. business strategies and demand significant attention.
For enterprises to realize the benefits of treating
■■ By 2019, startups will overtake Amazon, Google, information as an actual enterprise asset, the following
IBM and Microsoft in driving the AI economy with SPAs from “Predicts 2017: Licensing, Legal and
disruptive business solutions. Language Lessons for Data and Analytics Leaders”
should be considered as an important part of an
■■ By 2019, AI platform services will cannibalize overall enterprise information management (EIM) and
revenues for 30% of market-leading companies. business strategy development:
■■ By 2020, 25% of large organizations will be either ■■ Through 2021, 95% of data management projects
sellers or buyers of data via formal online data using blockchain will fail due to either performance
marketplaces. challenges or misapplication of the technology.
■■ By 2020, 80% of organizations will initiate deliberate ■■ By 2020, 50% of new data transformation
competency development in the field of information flows will integrate one or more ML algorithms –
literacy, acknowledging their extreme deficiency. resulting in erroneous interpretations of data.
■■ By 2021, the prevalence of equity analysts valuing ■■ By 2019, 30% of organizations will use object
organizations’ information portfolios in valuing storage as a data repository on-premises, bringing
businesses themselves will spark formal internal cloud architecture to the data center.
information valuation and auditing practices.
■■ By 2019, 90% of cloud DBMS architectures will
Information Infrastructure support the separation of compute and storage,
rendering those that do not as irrelevant in the
Modern information infrastructure will include data
overall market.
virtualization, the separation of storage and compute,
and cloud-based data persistence. Data and analytics
leaders must evolve their technology capabilities Data Security, Privacy and Identity Predictions
for digital transformation. An increasing pressure to In 2017 and beyond, achieving three important goals
manage data in multiple deployment models, while – privacy, safety and reliability – will require strong
also optimizing its access and retrieval, is mounting. planning and execution in the areas of security,
Our five key predictions for information infrastructure privacy and identity management, as predicted by
modernization in “Predicts 2017: Data Distribution Gartner’s application and data security analysts.
and Complexity Drive Information Infrastructure IT leaders should consider these forward-looking
Modernization” highlight specific key trends and action predictions when allocating resources and selecting
items that will impact data and analytics leaders as products and services.
they attempt to deliver on the modern requirements.
Use them to guide your modernization efforts in a way “Predicts 2017: Application and Data Security”
that will deliver optimal long-term value.
■■ By 2020, more than 70% of enterprises will
■■ By 2018, organizations with data virtualization continuously monitor for sensitive data incidents.
capabilities will spend 40% less on building
and managing data integration processes for ■■ Through 2020, 75% of organizations implementing
connecting distributed data assets. data classification policies will report limited
deployments and see no tangible benefits.
11
■■ By 2020, more than 20% of organizational “Predicts 2017: Endpoint and Mobile Security”
business plans will use infonomics to provide a
financial analysis of data assets and liabilities. ■■ By 2020, 60% of current portable physical flash
data carriers will be replaced by cloud-based
“Predicts 2017: Business Continuity Management and business data sharing.
IT Service Continuity Management”
“Predicts 2017: Threat and Vulnerability Management”
■■ By 2020, 30% of large enterprises will leverage
snapshots and backups for more than just ■■ By 2020, 10% of penetration tests will be
recovery, up from less than 10% in 2015. conducted by ML-based smart machines, up from
0% in 2016.
■■ By 2020, investment in AI/ML-based tools for
IT resilience orchestration automation will more Enterprise Content Predictions
than triple, helping reduce business outages from Enterprises are modernizing their content
cascading IT failures. management infrastructures and applications to
better support digital workplace initiatives. At
“Predicts 2017: Privacy Becomes a Necessity With the same time, emerging content management
Opportunity” technologies and capabilities provide enterprises with
the opportunity to leverage the trends associated
■■ By 2020, large global-enterprise use of data with cloud, mobile and social. In “Predicts 2017:
masking or similar pseudonymization techniques Automating and Improving Workers’ Content
will increase to 40%, from 10% in 2016. Interactions and Experiences,” we assist IT leaders
responsible for the enterprise content strategy with
■■ By 2019, half the world’s larger companies addressing not only how to manage content, but also
processing personal data will perform privacy how to use content in ways that promote productivity,
impact assessments (PIAs); only 10% will have a efficiency and business opportunities.
defined automated PIA process.
■■ By 2021, 50% of apps will trigger events for users, ■■ By 2020, 5% of adults 65 years of age and older
thereby making them more efficient. will have a personal healthcare robot.
The personal device market represents connected Application Development and Integration
devices used by people during the day, at work, at Application development technologies and disciplines
home, to play or on the go. The personal device continue to evolve as the need to deliver business
market is expanding with new types of products, outcomes and accelerate application delivery with
such as wearables, linking with IoT endpoints and high quality intensifies. As digital business remains
using immersive technologies. Product management dynamic, and business teams become more engaged
and business leaders must consider the following in the solution delivery process, we expect this will
predictions offered in “Predicts 2017: Personal Devices” result in a more-complex collection of technologies,
to monitor the future trends of personal devices: disciplines and practices to support the varying needs
of users. Organizations must plan for the adoption,
■■ By 2019, 20% of users’ interactions with the or replacement, of key technologies and practices, as
smartphone will be via virtual personal assistants well as the development of people and skill sets.
(VPAs).
■■ By 2020, 90% of DBMS vendors will offer a quickly adapt to market needs and emerging market
database platform as a service (dbPaaS); those opportunities. This situation is reflected in our set of
that do not will become irrelevant. predictions for 2017.
Industrie 4.0 addresses the digitalization of complex ■■ By 2020, companies that are digitally trustworthy
value chains. It is not a market; it’s a vision for CIOs will generate 20% more online profit than those
of future cross-industry models with a high degree that are not.
of digital technologies. Successful Industrie 4.0
initiatives require efficient collaboration between ■■ By 2020, there will be one major data breach of thing
enterprises, IoT technology and service providers commerce, leading to the leakage of at least 100
(TSPs) and consumers. Digital business – especially million customers’ data and the loss of $1 billion.
in the context of Industrie 4.0 – is focused specifically
on peer exchange, and communication between CRM and Customer Experience
business (including process and information), people
Improving the customer experience tops the list
and physical things, as equal entities. This means that
of many organizations’ desired digital business
different parties need to collaborate efficiently across
outcomes. CRM and customer experience are business
the whole life cycle of Industrie 4.0 initiatives.
strategies that optimize profitability, operational
efficiency, customer satisfaction and loyalty by
“Predicts 2017: Industrie 4.0”
implementing customer-centric processes. Business
leaders (CEOs, CMOs, sales and customer service
■■ By 2020, at least 30% of Industrie 4.0 projects
directors and CIOs) can utilize the following Predicts
will source their algorithms from leading algorithm
notes to go beyond foundational requirements and
marketplaces, up from less than 5% in 2016.
differentiate the company and its brand.
16
“Predicts 2017: CRM Will Reach Critical Tipping Points ■■ By 2020, 25% of organizations using a sales
for Integration, Analytics and Customer Experience” performance management (SPM) solution will
optimize the design and maintenance of their
■■ By 2020, more than 40% of all data analytics sales compensation plans using advanced
projects will relate to an aspect of customer analytics solutions provided by their SPM vendor.
experience.
Customer Service
“Predicts 2017: Enhance the TSP Customer Expectations are high for the customer service and
Experience” support business applications that are now maturing
from CRM software vendors. Yet, enormous gaps exist
■■ By 2020, 80% of consumers will use only half the within enterprises between what IT leaders are able to
number of apps they currently use today. deliver, and what the customer service and customer
experience leaders are approved to receive. “Predicts
■■ In 2018, half a billion users will save two hours a 2017: CRM Customer Service and Support” sheds
day, thanks to AI-powered tools. light on how the future customer service organization
will use and respond to technology innovation to
■■ By 2018, 20% of users will disable intelligent improve customer processes.
listening and video capabilities on their devices to
safeguard their privacy. ■■ By 2020, AI will disrupt the jobs of 1,000,000
phone-based customer support agents.
CRM Sales
“Predicts 2017: CRM Sales” envisages how sales ■■ In 2020, 10% of emergency field service work will
organizations will be using data and analytics be both triaged and scheduled by AI.
to become smarter and better – much faster. IT
leaders supporting sales should focus on improving ■■ By 2018, 50% of agent interactions will be
user experience for salespeople and partners to influenced by real-time analytics.
boost adoption and data quality. Better data will
lead to better use of predictive analytics for sales Workforce and Human Capital Management
organizations. IT leaders will also discover how smart The digital workplace is a business strategy used to
machines will become the next-generation salespeople. promote employee agility and engagement through a
more consumerized work environment. In “Predicts
■■ By 2020, 30% of all B2B companies will employ 2017: Boosting Business Results Through Personal
AI to augment at least one of their primary sales Choice in the Digital Workplace,” Gartner emphasizes
processes. the suggestion that the ability to promote digital
17
■■ By 2020, more than 20 million job seekers will ■■ By 2020, digital services, automation and AI will
seek automated advice on how to improve their convert 60% of BPS providers’ current “people-
ranking in job-matching algorithms. process-centric” business models to a “business-
services-centric” model.
■■ By 2018, nearly 50% of learning providers will
look to streamline the learner’s experience by ■■ By 2020, automation and smart machines will
providing context-aware capability. reduce employee requirements in business shared-
service centers by 65%.
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■■ By 2019, 20% more enterprises outside traditional “Predicts 2017: Procurement and Sourcing Technology”
banking will adopt blockchain in emerging markets.
■■ In 2020, modest adoption of procurement and
Audit, Compliance and Legal Management sourcing technology will limit smart machine
technology’s penetration to 10% of the total
The evolution of analytics and advanced automation
available market.
has improved process efficiencies in compliance
management, legal management and DevOps. Security
and risk management leaders need to review their IT Services, Providers and Vendors
practices for potential cost savings, and work with IT services and vendor management has achieved a
CIOs to identify their time and cost investments. level of maturity that enables the optimization of future
Gartner’s audit, compliance and legal analysts predict spending while gaining control over vendor performance
that advanced automation will drive the future of and vendor negotiating leverage. The set of Predicts
audit, compliance and legal initiatives. notes below will help sourcing and vendor management
leaders advance to the next step by moving beyond the
“Predicts 2017: Audit, Compliance and Legal management of cost and quality, toward driving greater
Management” value from an ecosystem of supply.
■■ By 2021, 20% of large and midsize companies will “Predicts 2017: Critical Investments in IT Vendor
realize savings on administrative compliance costs Management Will Enable Growth and Control Risk”
resulting from robotic process automation (RPA).
19
■■ By 2020, 25% of new monitoring and control also spotlight the shortcomings of core healthcare
systems in the utility sector will use IoT to enhance provider systems. This presents real opportunities for
algorithmic business capabilities. CIOs to identify the innovations of today that will be
mainstream tomorrow and prepare for this change.
“Predicts 2017: The Coming Era of Connected and
Integrated Oil and Gas Companies” “Predicts 2017: Healthcare Providers Take a Step
Toward Digital Business”
■■ By 2019, 60% of global oil and gas CIOs will have
created an analytics center of excellence (COE) ■■ By 2021, 25% of healthcare delivery organizations
within IT. (HDOs) with greater than $1 billion in net
revenue will be providing real-time, genomics-
Government based, clinical decision support at the time of
prescription writing.
“Predicts 2017: Government CIOs Are Caught Between
Adversity and Opportunity” centers on IT management
practices that are adapting to the accelerated rate of Insurance
societal and technological changes associated with New business models, such as platforms and
digital transformation. Expectations for performance ecosystems, pose significant risks for the
and value for government will rise to offer more data competitiveness of insurance organizations. Business
and interactions digitally. and IT leaders will have to respond quickly to these
challenges if they don’t want to jeopardize the market
■■ By 2020, more than 30% of government agencies position of their companies.
with “cloud first” strategies will adopt “public
cloud only” strategies for all new initiatives. “Predicts 2017: Insurance CIOs Must Balance
Emerging Technology Opportunities and Risks to
■■ By 2020, more than 20% of all local government Drive Innovation”
agencies will generate revenue from value-added
open data through data marketplaces. ■■ By YE19, 30% of online insurance sales and
service will be supported by AI and cognitive
■■ By 2019, 50% of citizens in million-people computing.
cities will benefit from smart city programs by
voluntarily sharing their personal data. Life Sciences
Industry fluidity is impacting the life science industry,
Healthcare and new approaches to delivering patient-centric
Gartner’s 2017 projections underscore the growing and outcome-focused solutions enabled by digital
influence of digital, genomics and biometrics, but technology are rapidly occurring. The following
21
predictions and recommendations guide companies ensure their companies remain competitive, in terms
in the industry on how to be a leader during these of business capabilities, as well as cost-effectiveness.
turbulent times. Today’s increasingly complex and volatile business
climate is forcing supply chain leaders in logistics
“Predicts 2017: Life Science R&D – Digital R&D Gets organizations to become more proactive, forward-
Smart” looking and clever in managing their operations.
■■ By 2020, 20% of today’s AI proofs of “Predicts 2017: Global Logistics Are Embracing New
concept (POCs) in the top 50 life science Business Models to Remain Competitively Relevant”
R&D organizations will successfully move into
production. ■■ By 2021, less than 1% of long-haul, over-the-road
freight will be carried by autonomous trucks.
■■ By 2021, 75% of the top life science R&D IT
organizations will create data connections Manufacturing
and business partnerships with nontraditional Manufacturers are increasingly adopting digital
ecosystems. business, including the digital thread among design,
manufacturing and service, and software as part
■■ By 2022, precompetitive, shared and open of manufactured products. The impact of this on
research IT platforms will support at least 25% of processes, practices, organizations and supporting
life science distributed innovation environments to technologies is pervasive. The following predictions
connect an ever-growing R&D ecosystem. anticipate the digital business disruptions that pose
the most significant challenges to manufacturers and
“Predicts 2017: Digital Increases Pressure on CIOs in their supply chains.
Life Science”
every department can use to achieve real-time With these predictions in mind, data and analyst
resonance. Vendors must embrace a new era of insight experts should feel prepared to embrace digital
where supply chains are geared towards generating transformation, and equipped to take advantage of
a complete view of customer journeys, and are rich the as-yet unpredictable opportunities a continually
in visitor behavior and profile data. Sophisticated evolving digital landscape will inevitably yield.
technologies that can make information easier to
manage, such as Tealium’s Universal Data Hub, will be
integral to modern customer communications.
Source: Tealium
About Tealium
Tealium revolutionizes today’s digital businesses with
a universal approach to managing the ever-increasing
flows of customer data - spanning web, mobile,
offline and IoT. With the power to unify customer
data from a single source of truth, combined with a
turnkey integration ecosystem supporting more than
1,000 vendors and technologies, Tealium’s Universal
Data Hub (UDH) enables organizations to gain real-
time, actionable insights and create richer, more
personalized digital experiences. More than 700 global
businesses worldwide trust Tealium to power their Contact us
data strategies and data governance practices. For
more information, visit www.tealium.com. For more information contact us at:
Tealium.com