“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.
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.
“Right now, artificial intelligence learns by analyzing example after example and looking for patterns. The scientists behind this research argue that their quantum superpositions could vastly improve the process.”
To an ever-increasing extent, open innovation is digital. Most innovations today are new products, processes or business models at least partly enabled by digital technologies or embodied in data and software.
According to Juniper Research, the annual value of virtual cards (e.g. temporary card numbers only available for a single transaction or limited time) used by businesses will grow by 90 percent over the next four years — exceeding $1 trillion by 2022.