2016 Data Analytics Forecast: Top 5 Trends to Watch

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Visualization gets a facelift.

Graphs and charts are very compelling, but also static, sometimes giving business users a false sense of security about the significance — or lack of it — in the data they see represented. Much like presumptive analytics, conventional visualizations display what users assume they need to know. But, what if the questions you really need answered are not asked by those static charts and graphs? What if there’s more to the story? This year, data visualization tools will need to become more than pretty graphs — they’ll need to give us the right answers, dynamically, as trends change. We expect to see truly dynamic dashboards become the new visualization standard, automatically populating with entirely new charts and graphs depicting up-to-the-minute changes as they emerge, revealing hidden insights that would otherwise be ignored by the typical dashboard array.

Big Data has become a big deal for companies of all sizes. The rush to capitalize on business intelligence to gain a competitive edge has brought forth a bevy of new analytics products, solutions and services designed to help companies make sense of, and gain insight from, an ever-widening array of data. From consumer behavior to weather trends to disease propagation, data has become a competitive differentiator in helping both B2B and B2C companies forecast and make strategic decisions to increase revenue, reduce risk and spur growth.

In 2016, self-service analytics will take center stage, putting the power of advanced, statistically sound business analytics in the hands of business users for fast, simple and sophisticated decision-making. But, along with this move to bring analytics to every desktop, a number of other key trends will drive data analytics forward in the coming year. In this slideshow, BeyondCore has identified the top data analytic trends to watch in 2016.


Related Topics : Vulnerabilities and Patches, Resellers, Broadcom, Broadband Services, Supercomputing

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