Juniper forecasts that the number of retailers using blockchain in the U.S. market alone will grow by over 7,500 percent between 2018 and 2023 to reach nearly 15,000 retailers by the end of 2023.
“Once they’ve laid the business objectives and building blocks groundwork, enterprises can develop their digital transformation analytics roadmap. In order to achieve the desired business outcomes from the analytics process, they need to embrace a structured, five-step iterative approach.”
via Everest Group
Cross-border transactions recorded on the blockchain will surge to 1.3 billion by 2023 — that’s a CAGR of 82% over the next 4 years. The value of transactions recorded on the blockchain will thus reach an unprecedented $3.4 trillion; a CAGR of 87% over the next 5 years.
via Juniper Research
Global revenue from demand planning applications will generate over $8 billion by 2025, as Artificial Intelligence (AI) capabilities offered by forward-thinking IT vendors and service providers continue to improve data-driven supply chain transformation.
According to the ‘Global Capital Confidence Barometer’, the use of technology, automation and AI for some routine processes is increasing as labor becomes scarcer and the battle for talent intensifies. This could enable companies to free up valuable resources to focus on broader strategic issues.
While data have always been an important business input, recent advances in AI and analytics are increasing the number of arenas in which decision-makers can activate data’s superpowers, from hiring to product development to customer engagement.