The International Institute for Analytics this week released nine predictions for business analytics in 2011 — including a prediction that it won't take much economic growth next year to spark huge growth for analytics.
IIA, founded by analytics researcher Tom Davenport and sponsored by the likes of SAS, Intel, Accenture and Teradata, unveiled the list on a conference call this week.
The group is predicting strong growth for analytics, with a growing competitive edge for companies using analytics. Here's IIA's predictions for the year ahead.
1. With even modest economic growth in 2011, the use of analytics as a competitive differentiator in selected industries will explode. IIA says the biggest industries for analytics will be banking, insurance, healthcare, telecom, retail, energy, media and transportation. "IIA expects 2011 to mark the beginning of a multi-year cycle where the sparks of economic growth ignite a tinderbox of technology and business forces that are set to drive mainstream adoption of business analytics across commercial and government sectors," the group said.
To read the full, original article click on this link: Nine Business Analytics Predictions for 2011 — ecrmguide.com
Author: Paul Shread
