Here are five related predictions that we expect to come to fruition.
1. Deepening data divide will determine enterprise winners or losers
While monetizing data insights has been an elusive goal for many organizations, the maturation of AI technologies is finally making it possible for companies to organize and actualize their information. The next five years will see these efforts accelerate, and those enterprises that can successfully act on their data will thrive. CIOs at these organizations will favor solutions with these key factors: low-code extensibility, intuitive user experience, and prolific APIs for maximum composability, all culminating in breakthrough analytical insights. Those who fail to embrace these capabilities will remain mired in an Excel wormhole – the negative financial and competitive consequences of which will be difficult to escape.