Industry executives and experts share their predictions for 2020. Read them in this 12th annual VMblog.com series exclusive.
By Jack Mardack, VP at Actian
4 Data Trends for Analytics
The transformative
agency of data within the enterprise grows more powerful every day, and the
ways in which enterprises manage and leverage their data are therefore in
profound transformation. New technologies, strategies and trends are taking
shape almost daily across analytics, cloud, UX and IoT.
In 2020, we're
going to continue to see data re-shaping customer experience, business
functions, as well as the analytics architectures on which these systems
operate, in addition to ushering in the golden age of IoT.
Customer Experience
and Marketing are Driving the Evolution of Analytics Systems
For many
enterprises, the most available areas for new digital transformation projects
are customer experience and marketing. Think customer-360,
Hyper-Personalization, and Contextual Communications. These are extremely
data-intensive use cases that are also reliant on data from new sources like
SaaS apps, and via myriad integrations in the cloud. This means that a growing
number of these kinds of projects are driving the provisioning of
resources, like cloud data warehouses, and informing the selection of
other elements supporting the analytics stack, like data integration,
ETL, and more.
Before there's
formal commitment to a "big bet" like Omni-Channel Contact Center with
Sentiment Analysis, for example, marketing often knocks (informally) on
IT's door first. This happens because marketing is generating lots of data from
the digital side that they want to leverage. For many
enterprises, this may be the first time in a while that someone has come with
interest in bringing a new data source to an existing analytics framework. As a
result, new pipelines must be created, which compels a look at how data flows
into analytics databases and at the nature of those analytics databases
themselves.
More Enterprises
Decide that they will Never be 100% in the Cloud - and that's Okay
NASA is hardly the
poster organization for your typical enterprise analytics needs, but when
I read about the new supercomputer named Aitken NASA installed in Mountain View
last August, I was inspired by what it meant for the future of an on-premises
data center. There's something about servers that you
own, and employ a team to look after, that satisfies a
deep-seated IT imperative - control. The last few years it's felt as
though the move to the cloud was a foregone conclusion for all but the
most laggard of organizations.
Never mind that most of the
total footprint for analytics at enterprises is still on appliances like
Netezza and Teradata. These systems are still extremely performant and support
many mission-critical analytics applications. The inertia to remain at least
partly on premises is now gaining additional weight, as a spate of new customer
data privacy regulations come into effect, such as GDPR (last year) and CCPA
(next year). Compliance with these data privacy regulations is absolutely a
matter of control, and for that reason on-premises will remain in the mix for
the foreseeable future. Hybrid (a combined cloud and on-premises approach)
will be a part of the analytics roadmap for many enterprises in 2020 and
beyond.
UX Innovation is
Driving the Transformation of IT and Data Teams
About 10 years
ago the appearance of Tableau started a wave of
disruption affecting every enterprise data analytics team. This
resulted from two things - the ability to
sever the dependence data analysts and data scientists had on IT to
access useful data sets, and the empowerment of a slick, web-based UI
that made it easier than ever to explore data and derive insights. Since then,
the democratization of access to insights from data has accelerated as
subsequent innovators on the visualization front, like Looker and Qlik,
continue to innovate in UI and cloud-based performance.
In 2020 and beyond,
this democratization of access to and power over data will
extend to other parts of the analytics stack. The low-code/no-code movement has
come to many areas and functions that historically supported analytics, such as
data integration and ETL. The provisioning of analytics databases (data
warehouses) is much easier and far less demanding of traditional
technical skills. The proliferation of easy-to-use drag-and-drop
interfaces combined with the instant availability of cloud-based services
is driving a Seachange for IT personnel. The old guard of DBAs and
their engineering-minded ilk are being replaced by a new class of enterprise
data wranglers whose core skills come from understanding how to orchestrate the
flow of data to drive better business outcomes.
5G Opens the Door
to a Golden Age of Edge computing in IoT
With the promise to
provide huge bandwidth and peer-to-peer interactions between devices, 5G
networks will create richer shared information and analysis performed at the
edge - all without the latency of using back-end systems to act as arbitration
and central analysis for edge operations.
With higher network
bandwidth, several industries - including communications, media and
entertainment, logistics and transportation, healthcare, manufacturing,
education and smart cities - will see major shifts take place. We'll
see secure localized groups join 5G-enabled augmented reality and virtual
reality games, meetings and other localized peer-to-peer scenarios. Smart homes
or smart hospital rooms, where local integration and decision-making
capabilities are essential, will have multiple connected devices sharing
information and performing analysis more quickly and seamlessly.
Moving into next
year, we'll see increased interaction between local devices and gateways as
consumers and organizations integrate 5G, and these interactions will create
new use patterns. Interactions will have the potential to improve, and even
radically change, decision-making by both devices and people at the edge.
On the
2020 Horizon
The desire to do
more and new things with data is perhaps the most important overall trend in
business today. What was speculative a few years ago and impossible a
few years before that will take shape and become a large part of what's
propelling the enterprise forward in 2020. Our team is inspired by what will
yet be made possible with data in the future.
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About the Author
Jack Mardack is a VP
at Actian. An expert in strategic analytics at B2B software
companies, Jack has built and scaled the marketing and analytics
functions at several SaaS companies including, Eventbrite, Prezi, and the
Vonage API Platform. He resides in San Francisco, CA.