6 Top AnalyticsTrends in 2016

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Most important data analytics trends that will impact you this year?

What are the most important data analytics trends that will impact you this year?

INTRODUCTION:

2016 Deloitte Analytics TrendsFollowing are the six major trends most likely to significantly impact your business in the coming year

Data security

Staffing

Business Intelligence

1. Cyber security: Offense can be the best defense2. Companies struggle to bridge the data talent chasm3. Man/machine partnerships are getting stronger4. The Internet of Things, and people, too5. Triumph of the scientists6. The rise of the insight-driven organization: Analytics

expands across the enterprise

AGENDA

1. Cyber security: Offense can be the best defense

“The world-wide financial services corporation was protruding to spend $27.4 billion on information security alone in the last year (According to, IDC).

Creating modules for TomorrowPredictive progress to threat intelligence and observing, which may mean machine-driven scanning of web “chatter” by far-flung groups and one-to-one who may intend cyber-harm or analyzing history of hacks and breaches to create predictive models for tomorrow’s threats.”

2. Companies struggle to bridge the data talent chasm

Smart companies and enterprises are realizing that analytical talent is important to their success and in short supply, but more than 40 percent struggle with discovering the talent they want (Source: 2015 MIT Sloan Management Review)

Businesses needs more data scientists. More than 1.5 million.

3. Man/machine partnerships are getting stronger

The era of smart machines is upon us as analysts project that businesses will spend more than $60 billion on cognitive solutions by 2025 (source: IDC).

Some human genius will have to frame and employ cognitive technologies, while others will complement computers in roles machines cannot perform well such as those involving high levels of creativity or empathy.

Machines + Human = Smart Machines

5. Triumph of the scientists

In the 2000s, it was called the triumph of the nerds. In the 2010s it may be the triumph of the scientists.

Increase in the number of scientistsThis trend is poised to reshape the competitive landscape and the way managers work.

6. The rise of the insight-driven organization: Analytics expands across the enterprise

Insight-driven organization (IDO)

IDO goes beyond the selective use of insights to increase decision-making in each parts of the business.

It position a tightly knitted combination of strategy, people, processes and data to drive competitive advantage and improved operations.

Thank you to“2016 Deloitte Analytics Trends”

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Source:IDChttp://www.information-management.com/gallery/6-top-analytics-trends-that-will-impact-you-in-2016-10028085-1.htmlhttp://www2.deloitte.com/us/en/pages/deloitte-analytics/articles/analytics-trends.html

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