1) Eight Analytics Trends for the Intelligent Enterprise identified in a report by Microstrategy:
- AI will reshape analytic and business innovation
- Competition for data science and analytics talent
- Convergence of real-time and Batch-based analytics
- Voice and natural language interfaces become mainstream
- Convergence
- Emergence of augmented analytics
- Machine learning, AI and edge and video analytics
- Access vs. Ownership of analytics and insight streams
2) Forrester’s 2018 AI predictions provides CIOs working on data and analytics initiatives with pragmatic and tangible recommendations on how to act now with their AI initiatives. Here are just a few ways we predict AI will shape enterprises in 2018:
- AI will reshape analytic and business innovation: A quarter of firms will
supplement point-and-click analytics with conversational user interfaces, and AI will make decisions and provide real-time instructions at 20% of firms.
- Big Data environments will evolve or suffer the same fate as yesterday’s data management: One-third of enterprises will take their data lakes off life support in
2018, and half of firms will adopt a cloud-first strategy for big data analytics.
- Firms will remake traditional data and analytic roles to activate insights: Two thirds
of firms will create customer insight centers of excellence, and data engineers
will become the new hot job title in 2018.
- The insights market landscape will become as complex as three-dimensional
chess: The IaaS (Insights-as-a-Service) market will double, with 80% of firms relying on insights service providers for some portion of insights capabilities in 2018.
3) Some of the report highlights pertaining to the respective key enabling pillars of the EY ASEAN FinTech Census 2018 viz investment, funding and talent availability, adherence to regulatory requirements, and the competitive landscape across the whole of Asean, including Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. Key pointers:
- Investment – To keep the growth engine running, it is imperative that FinTechs have enough channels of funding available and are able to obtain funds easily.
- Talent – The skills of the people running the start-ups is key to their success and so is the future availability of the right talent.
- Regulation – Government policies and actions play a vital role in shaping up the FinTech ecosystem, and promote innovation and competition.
- Environment – Presence of healthy competition and availability of support networks beyond founders and investors is critical for growth of Fintechs.
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