IDC FutureScape: Worldwide Data and Content Technologies 2023 Predictions

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