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6 Top Analytics Trends in 2016

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In its recently released Analytics Trends 2016 report, consulting firm Deloitte predicts six major trends will significantly shape business in 2016. – PowerPoint PPT presentation

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Title: 6 Top Analytics Trends in 2016


1
Most important data analytics trends that will
impact you this year?
6 Top Analytics Trends in 2016
A Data Science Company
2
INTRODUCTION
What are the most important data analytics trends
that will impact you this year?
Following are the six major trends most likely to
significantly impact your business in the coming
year
2016 Deloitte Analytics Trends
Data security
Staffing
Business Intelligence
3
AGENDA
  1. Cyber security Offense can be the best defense
  2. Companies struggle to bridge the data talent
    chasm
  3. Man/machine partnerships are getting stronger
  4. The Internet of Things, and people, too
  5. Triumph of the scientists
  6. The rise of the insight-driven organization
    Analytics expands across the enterprise

4
  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
Tomorrow Predictive 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
tomorrows threats.
5
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.
6
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
7
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
scientists This trend is poised to reshape the
competitive landscape and the way managers work.
8
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.
9
Thank you to 2016 Deloitte Analytics Trends For
more click here
Source IDC http//www.information-management.com/
gallery/6-top-analytics-trends-that-will-impact-yo
u-in-2016-10028085-1.html http//www2.deloitte.com
/us/en/pages/deloitte-analytics/articles/analytics
-trends.html
A Data Science Company
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