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Analytics Predictions for 2013


Trends in the business analytics that will affect all industries in the next 1-3 years.



Dec 31, 2013, Smart Data Collective, by Alberto Roldan

This year I would like to do something different and address trends in the business analytics industry that, in my opinion, will affect all industries in the next 1-3 years. The purpose of these predictions is to provide some guidance so that the companies we represent today make informed decisions in the area of analytics that could affect their profitability and revenues in the future:

1. Electric power transmitted through the air. Could you imagine the implications of this technology on all industries? This will eliminate the need to plug in to restore electric power to any device. ...

2. Embedded semiconductor analytics. This technology is currently used in automobiles as sensors (e.g., check oil, gas gauge). Could you imagine the implications in the business-to-business (B2B) market for this technology? ...

3. Executives will become more conversant in analytics methodologies and technologies. The larger the investment in analytics, whether technologies or solutions, the more important it will become for executives to have a deeper understanding in this area of investment. ...

4. Reliance in machine-learning algorithms for big data analytics. The concept that analytics methodologies that work in small data sets but not in big data analytics will come to the forefront. ...

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