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6 Top Analytics Trends in 2016

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

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6 Top Analytics Trends in 2016

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  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 Cyber security: Offense can be the best defense Companies struggle to bridge the data talent chasm Man/machine partnerships are getting stronger The Internet of Things, and people, too Triumph of the scientists The rise of the insight-driven organization: Analytics expands across the enterprise

  4. 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 tomorrow’s 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-you-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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